Bed Bath & Beyond, Inc. Announces Employee Inducement Grant

Core Viewpoint - Bed Bath & Beyond, Inc. has announced the appointment of Rick Lockton as Executive Vice President and Chief Digital, Product, and Technology Officer, effective November 3, 2025, along with a significant grant of restricted stock units (RSUs) and performance stock units (PSUs) as an inducement for his employment [6][1]. Group 1: Employee Inducement Grant - The Compensation Committee approved a grant of 116,686 RSUs and 58,343 PSUs to Rick Lockton, effective November 14, 2025 [1]. - The RSUs and PSUs will vest annually in three equal installments, contingent on Lockton's continued employment and the achievement of performance targets for the PSUs [2]. Group 2: Company Overview - Bed Bath & Beyond, Inc. is based in Murray, Utah, and operates as an ecommerce-focused retailer with ownership interests in various brands, including Bed Bath & Beyond, Overstock, buybuy BABY, and a blockchain asset portfolio [3]. - The company aims to enhance everyday life for customers through quality, style, and value across its product offerings [3].