Bed Bath & Beyond CEO Lemonis forfeits options for 1,750,000 shares - BBBY News | RalliesBed Bath & Beyond CEO Lemonis forfeits options for 1,750,000 shares
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BBBY• CEO forfeits options tied to performance award
- Bed Bath & Beyond Executive Chairman and CEO Marcus Lemonis forfeited options for 1,750,000 common shares on Aug. 3, 2026.
- The options covered all awards under his Feb. 20, 2024 Executive Chairman Performance Award grant notice and agreement.
- No consideration was paid for the forfeiture; Lemonis acknowledged no replacement equity awards were promised.
- The shares underlying the forfeited options will return to the company’s Amended and Restated 2005 Equity Incentive Plan for future grants.