NASHVILLE, Tenn. — Bed Bath & Beyond Inc. has awarded equity-based inducement grants to 19 newly hired employees as the retailer continues to expand its leadership team and support its growth strategy.
The awards, approved by the company’s board’s Compensation Committee, were granted to 18 new non-executive employees and one executive officer on Aug. 6 and August 10.
Collectively, the new employees received 2,051,654 restricted stock units and 688,295 performance stock units at target. The maximum performance for the PSUs is 135% of target.
Among the recipients was chief financial officer Brian LaRose, who received 388,889 RSUs and 166,667 PSUs.
The company said the awards were granted under its 2026 Employment Inducement Equity Incentive Plan and in accordance with New York Stock Exchange rules, as a material inducement for employees to join Bed Bath & Beyond.
The RSUs generally vest in four annual installments. The PSUs generally vest based on the achievement of applicable performance targets over four annual performance periods, and both types of awards are subject to continued employment.
The grants come as Bed Bath & Beyond continues to expand its leadership and operations across an expanding portfolio of retail businesses.
Bed Bath & Beyond operates an omnichannel-focused retail and affinity model and owns or holds interests in Bed Bath & Beyond, Overstock, buybuy BABY, Kirkland’s and Kirkland’s Home, SFV Services, and The Container Store, along with other brands and digital assets.
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