Key facts
- This page summarizes TORO 18 HOLDINGS LLC's Form 4 filing for Barnes & Noble Education, Inc. (BNED).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 14 Mar 2025, 14:14.
TORO 18 HOLDINGS LLC - 12 Mar 2025 Form 4 Insider Report for Barnes & Noble Education, Inc. (BNED)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- BNED
- Reported as of
- 12 Mar 2025
- Net transaction value
- +$1,731,361
- SEC form
- 4
- Accepted by SEC
- 14 Mar 2025, 14:14:07 UTC
- Prior SEC filing
- 12 Jun 2024
- Next SEC filing
- 08 Jul 2026
- Source filing
- View source filing
- Reporting owner signature
- Toro 18 Holdings LLC, By: /s/ Eric Singer, President and CEO
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
TORO 18 HOLDINGS LLC filed Form 4 for Barnes & Noble Education, Inc. (BNED) on 14 Mar 2025.
Change
- Previous filing in this sequence was filed on 12 Jun 2024.
- Current net transaction value: +$1,731,361.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BNED
transaction
Common Stock
Purchase
- Transaction value
- $502,309
- Shares
- +59,146
- Change %
- +0.54%
- Price
- $8.49
- Shares after
- 11,065,848
- Date
- 12 Mar 2025
- Ownership
- Direct
- Footnotes
- F1, F2, F3
BNED
transaction
Common Stock
Purchase
- Transaction value
- $1,229,051
- Shares
- +142,898
- Change %
- +1.3%
- Price
- $8.60
- Shares after
- 11,208,746
- Date
- 13 Mar 2025
- Ownership
- Direct
- Footnotes
- F1, F3, F4
BNED
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 132,871
- Date
- 12 Mar 2025
- Ownership
- Direct
- Footnotes
- F1, F5
BNED
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 145,871
- Date
- 12 Mar 2025
- Ownership
- Direct
- Footnotes
- F1, F6
BNED
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 12,000
- Date
- 12 Mar 2025
- Ownership
- See Footnote
- Footnotes
- F1, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
This Form 4 is filed jointly by Toro 18 Holdings LLC ("Toro 18"), Immersion Corporation ("Immersion"), William C. Martin and Eric Singer (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group with Emily S. 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. Each of Messrs. Martin, Singer, Nader and Ms. Hoffman also serve as directors on the Board of Directors of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. Ms. Hoffman and Mr. Nader will file separate Section 16 reports.
Footnote F2
Represents the weighted average price of multiple transactions with prices ranging between $8.175 and $8.55. The Reporting Persons, upon request by the staff of the Securities and Exchange Commission the Issuer or a security holder of the Issuer, undertake to provide further information regarding the number of securities purchased at each separate price.
Footnote 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. Martin, as the Chief Strategy Officer 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.
Footnote F4
Represents the weighted average price of multiple transactions with prices ranging between $8.375 and $8.80. The Reporting Persons, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, undertake to provide further information regarding the number of securities purchased at each separate price.
Footnote F5
Securities held directly by Mr. Singer.
Footnote F6
Securities held directly by Mr. Martin and through a wholly-owned limited liability company and IRA Accounts, all of which Mr. Martin controls exclusively.
Footnote F7
Securities held in UGMA accounts for the benefit of Mr. Martin's minor children, all of which he controls exclusively.
SEC remarks
For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each of Toro 18 and Immersion may be deemed directors by deputization of the Issuer due to Messrs. Martin, Singer, Nader and Ms. Hoffman serving on the boards of directors of both the Issuer and Immersion.