Singer Eric 4

4 · Barnes & Noble Education, Inc. · Filed Mar 13, 2026

AI-generated summary of this filing

Updated Mar 13, 2026

Barnes & Noble Education (BNED) 10% Owner Eric Singer Receives Award

What Happened

Eric Singer, a 10% owner of Barnes & Noble Education (BNED) and a member of a Section 13(d) group, was granted 23,867 restricted shares on March 11, 2026. The Form 4 reports the shares as an award/grant (transaction code A) at a reported price of $0.00 (i.e., issued, not purchased or sold).
This is an award of restricted stock (not an open-market purchase or sale), so it represents compensation/allocative issuance rather than a direct market signal to buy or sell.

Key Details

Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (timely filing).
Shares granted: 23,867; reported price: $0.00 (award/grant).
Vesting: Shares vest on the earlier of one year from grant or the issuer’s next annual meeting of stockholders (per footnote F2).
Shares owned after transaction: Not specified in this filing.
Footnotes: F1 notes Mr. Singer is part of a Section 13(d) group (Toro 18 Holdings LLC, Immersion, William C. Martin, Emily Hoffman, Elias Nader) and disclaims beneficial ownership of securities owned directly by other group members; F3 explains Toro 18’s ownership and Mr. Singer’s role as President/CEO of Toro 18.
Filing timeliness: Filed within the typical Form 4 window (not marked late).

Context

Restricted share awards vest over time or upon a milestone; they are compensation-related and do not equal a market purchase (so they aren’t a direct bullish signal like an open-market buy).
As a reported 10% owner and member of a Section 13(d) group, Singer’s holdings may reflect group/strategic positions; the filing clarifies limited beneficial interest in securities held directly by other group members.

Form 4

Period: 2026-03-11

Director10% Owner

Transactions

Holdings

Footnotes (3)

[F1]This Form 4 is filed by Eric Singer (the "Reporting Person"). The Reporting Person is a member of a group with Toro 18 Holdings LLC ("Toro 18"), Immersion Corporation ("Immersion"), William C. Martin, Emily Hoffman and Elias Nader for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, that collectively beneficially owns over 10% of the Issuer's outstanding shares of common stock, par value $0.01 (the "Common Stock"). The Reporting Person disclaims beneficial ownership of the securities of the Issuer owned directly by other members of the Section 13(d) group except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The other members of the Section 13(d) group will file separate Section 16 reports, as applicable.
[F2]Grant of restricted shares that will vest on the earlier of one year from the date of grant or the Issuer's next annual meeting of stockholders.
[F3]Securities owned directly by Toro 18. Immersion, as the sole member of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18. Mr. Singer, as the President and Chief Executive Officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18.

Signature

/s/ Eric Singer|2026-03-13

1 file