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Large holder group in Barnes & Noble Education (BNED) reports about 33% ownership

Toro 18 Holdings and Immersion Corp collectively hold a 32.7% stake in Barnes & Noble Education (BNED), owning 11,208,746 shares out of 34,296,119 outstanding shares as of March 6, 2026. Key individuals William C. Martin and Eric Singer each reported beneficial ownership of approximately 33.1%. The updated SEC filing also noted Elias Nader's departure from the board and recent RSU grants to directors Martin, Singer, and Hoffman, along with Toro 18's sale of FLEX put options.