---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-235404"
form_type: "8-K"
ticker: "BNED"
cik: "0001634117"
company_name: "Barnes & Noble Education, Inc."
filed_at: "2023-09-14T23:59:59+00:00"
generated_at: "2026-06-10T17:39:02.114894+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BNED grants $450k retention bonuses to two NEOs; CEO Huseby gets up to $1.1M performance incentive

## Summary
- Michael C. Miller and Jonathan Shar each receive $450k retention bonus; $225k paid Sept 15, 2023, $225k due Feb 1, 2024.
- CEO Huseby eligible for up to $1.1M: $220k tranches tied to Q2 FY2024 EBITDA, credit compliance, ATC deal, board discretion.
- Clawback provision: if executive leaves voluntarily/for cause before Dec 31, 2023, company may claw back first payment pro rata.

## SEC filing metadata
- accession: 0001193125-23-235404
- form_type: 8-K
- ticker: BNED
- cik: 0001634117
- company_name: Barnes & Noble Education, Inc.
- filed_at: 2023-09-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1634117/000119312523235404/0001193125-23-235404-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1634117/000119312523235404/d539649d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-235404
- JSON: https://secwatch.observer/filing/0001193125-23-235404.json
- Plain text: https://secwatch.observer/filing/0001193125-23-235404.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.