My H1B transfer has been approved at my new company. Can I start at the new company in my last week at my old company? My ey bonus gets paid on the 26th and I want to start at my new company on the 22nd. Will that be possible ?

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I believe people are not allowed to work for more than one W-2 job with H1B visa.

Legally it’s allowed and possible. Both hold valid work visas for you.
Now firms internal policies and independence might hold you off (not sure if you care about being compliant at this point). Same goes with new employer’s internal policies.

Also, technically this would be wage theft if you work 9-5 for both places. For it to not be wage theft, you need to work on separate hours for both employers

Yes I put in my notice and hr told me I won’t get my pbb unless my last day is 26th or after but will still get my senior promo bonus because that was effective on 8/8

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