Jeff Kirwan, a director of Bed Bath & Beyond Inc., recently acquired 5,071 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on June 17, 2021. Kirwan now owns 29,750 shares of the company. Kirwan operates out of Union, NJ. Some additional info was provided as follows:
Represents a grant of restricted stock under the Issuer's 2012 Incentive Compensation Plan valued at $150,000, issued as part of annual director compensation and approved by the Board of Directors of the Issuer on June 17, 2021. The number of shares was determined based on a stock price of $29.58, the average of the high and low trading prices of the Issuer's common stock on June 17, 2021. The restricted stock will v est on February 26, 2022, the last day of the fiscal year of grant, provided that the director remains in office until the last day of the fiscal year.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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