--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-247428" form_type: "8-K" ticker: null cik: "0000886158" company_name: "20230930-DK-Butterfly-1, Inc." filed_at: "2023-09-29T23:59:59+00:00" generated_at: "2026-06-10T07:17:13.084074+00:00" event_type: "other_material" sentiment: "negative" materiality_score: 1.0 calibrated_materiality_score: 1.0 confidence: "high" source: SEC EDGAR --- # Bankruptcy plan confirmed effective Sept 29; equity cancelled, management discharged ## Summary - Bankruptcy Court entered Confirmation Order on Sept 14; Effective Date occurred Sept 29, 2023. - All common stock and Series A Convertible Preferred Stock cancelled without consideration; shares have no value. - All directors (including Sue Gove, Harriet Edelman, others) and officers ceased on the Effective Date. - Company name changed to '20230930-DK-Butterfly-1, Inc.' effective Sept 21, 2023. - Monthly operating report filed for period ending Aug 31 shows $18.5M cash; $55.7M cumulative professional fees paid. ## SEC filing metadata - accession: 0001193125-23-247428 - form_type: 8-K - cik: 0000886158 - company_name: 20230930-DK-Butterfly-1, Inc. - filed_at: 2023-09-29T23:59:59+00:00 - event_type: other_material - sentiment: negative - materiality_score: 1.0 - calibrated_materiality_score: 1.0 - confidence: high - sec_items: 1.03, 3.03, 5.02, 5.03, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/d579010d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-247428 - JSON: https://secwatch.observer/filing/0001193125-23-247428.json - Plain text: https://secwatch.observer/filing/0001193125-23-247428.txt ## Key facts - Executive change Laura Crossen departed as Senior Vice President of Finance and Chief Accounting Officer at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: Senior Vice President of Finance and Chief Accounting Officer source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Executive change Lynda Markoe departed as Executive Vice President, Chief People & Culture Officer at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: Executive Vice President, Chief People & Culture Officer source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Executive change Minesh Shah departed as Director at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: Director source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Executive change Andrea M. Weiss departed as Director at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: Director source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Executive change David Kastin departed as Executive Vice President, Chief Legal Officer & Corporate Secretary at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: Executive Vice President, Chief Legal Officer & Corporate Secretary source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Executive change Shelly Lombard departed as Director at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: Director source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Executive change Ann Yerger departed as Director at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: Director source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Executive change Jeffrey Kirwan departed as Director at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: Director source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Executive change Harriet Edelman departed as Director at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: Director source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Executive change Carol Flaton departed as Director at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: Director source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Executive change Sue Gove departed as President and Chief Executive Officer at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: President and Chief Executive Officer source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Executive change Joshua E. Schechter departed as Director at 20230930-DK-Butterfly-1, Inc.. - Action: ceased - Role: Director source text: Each of the Company’s directors, Harriet Edelman, Jeffrey Kirwan, Shelly Lombard, Joshua E. Schechter, Minesh Shah, Andrea M. Weiss, Ann Yerger, Carol Flaton and Sue Gove, and the Company’s remaining officers, including Sue Gove, President and Chief Executive Officer, Laura Crossen, Senior Vice President of Finance and Chief Accounting Officer, Lynda Markoe, Executive Vice President, Chief People & Culture Officer, and David Kastin, Executive Vice President, Chief Legal Officer & Corporate Secretary, ceased to be directors and officers of the Company on the Effective Date. evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm - Governance Changes 20230930-DK-Butterfly-1, Inc.: Changed company name from 'Bed Bath & Beyond Inc.' to '20230930-DK-Butterfly-1, Inc.' via certificate of amendment to Amended and Restated Certificate of Incorporation (effective 2023-09-21). - Change: charter amendment - Effective: 2023-09-21 source text: On September 21, 2023, the Company filed with the New York Secretary of State a Certificate of Amendment (the “Certificate”) to the Company’s Amended and Restated Certificate of Incorporation to change the Company’s name from “Bed Bath & Beyond Inc.” to “20230930-DK-Butterfly-1, Inc.” evidence_url: https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.