Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Interim CFO Appointment On October 5, 2026, the Board of Directors of Neighborhood Intelligence, Inc. (the “Company”) appointed of Paul Kosturos as Interim Chief Financial Officer and, in this capacity, will serve as the Company’s principal financial officer.…
Filed Oct 5, 2026Accepted Oct 5, 2026, 5:15 PM EDTCIK 1130713Accession 0001140361-26-038653
Neighborhood Intelligence (Nasdaq: NXH), previously Bed Bath & Beyond, Inc., is a data and technology company organized around three interconnected pillars: Omni-Channel Retail, Home Services and Home Ownership. Its portfolio includes Bed Bath & Beyond, Overstock, buybuy BABY, Kirkland’s, The Container Store, Elfa and Closet Works, along with its expanding Home Services and Home Ownership businesses.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
Interim CFO Appointment
On October 5, 2026, the Board of Directors of Neighborhood Intelligence, Inc. (the “Company”) appointed of Paul Kosturos as Interim Chief Financial
Officer and, in this capacity, will serve as the Company’s principal financial officer. Mr. Kosturos succeeds Brian LaRose, the Company’s Chief Financial Officer and principal financial officer, who, on October 5, 2026, tendered his resignation
effective as of such date.
Mr. Kosturos, age 61, is a Managing Director at Alvarez & Marsal Private Equity Performance Improvement Group, LLC (“A&M”), an international
professional services firm, where he has worked since 2009. Mr. Kosturas specializes in interim CFO assignments, mergers and acquisitions integrations, including carve-outs, external and internal financial reporting, forecasting and budgeting
including identifying and implementing cost reductions, working capital management improvements, internal controls design and process improvements, shared services processing and ERP system design and implementations. Before joining A&M, Mr.
Kosturos was the Vice President and Corporate Controller for JDS Uniphase, a billion dollar plus publicly traded telecommunications company. Mr. Kosturos earned a Bachelor’s of Science degree in accounting from the California State Polytechnic
University, Pomona, and is a Certified Public Accountant.
There are no arrangements or understandings between Mr. Kosturos and any other person pursuant to which he was selected as an officer.
Mr. Kosturos does not have any family relationship with any of the Company’s directors or executive officers.
Neither Mr. Kosturos nor any of his immediate family members has had (or proposes to have) a direct or indirect material interest in a transaction in
which the Company or any of the Company’s subsidiaries was (or is to be) a participant that would be required to be disclosed under Item 404(a) of Regulation S-K.
In connection with his appointment, Mr. will also enter into the Company’s standard form of indemnification agreement for directors and officers.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD.
On October 5, 2026, the Company issued a press release announcing the transition of the Company’s chief financial officer. A copy of the press release
is furnished herewith as Exhibit 99.1 and incorporated herein by reference to this Item 7.01.
The information set forth in this Item 7.01 including the information set forth in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18
of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the
Exchange Act, regardless of any general incorporation language in such filing.
Filed exhibits (1)
EX-99.1 (by filename) ef20083311_ex99-1.htm
Exhibit 99.1
Neighborhood Intelligence Strengthens Financial and Operating Leadership as Company Advances Integration
Paul Kosturos appointed Interim CFO, complementing recent additions of Chief Accounting Officer and Deputy CFO Jill Windrum and
Retail CFO Emma Haugh
Company advances expense reduction, technology consolidation, supply chain improvements and organizational simplification
NASHVILLE, Tenn. - October 5, 2026 - Neighborhood Intelligence, Inc. (the “Company”) today announced that Paul Kosturos, a Managing Director with
Alvarez & Marsal (“A&M”), has been appointed Interim Chief Financial Officer as the Company continues to strengthen its financial leadership and accelerate the integration and right-sizing of its businesses.
Brian LaRose will depart the Company as Chief Financial Officer. LaRose served as CFO of The Container Store through the completion of its
transaction with Neighborhood Intelligence and continued to support the combined organization during the initial integration of the businesses. The Company thanks Brian for his leadership and contributions during an important period for both
organizations.
Kosturos joins a recently strengthened finance organiz…