Welcome to our dedicated page for BAB SEC filings (Ticker: BABB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
BAB, Inc. filings document public-company governance and material events for an OTCQB franchisor and licensor of foodservice brands. Proxy materials cover annual meeting voting matters, including director elections and ratification of the independent registered public accounting firm.
Form 8-K disclosures address changes in the company’s certifying accountant, officer and director transitions, corporate secretary and operating leadership appointments, and amendments to the preferred shares rights agreement affecting security-holder rights.
BAB, Inc. executive Brian Evans, who serves as Chief Operating Officer, filed an initial ownership report covering his holdings in the company. As of the event date of 12/30/2025, he reported beneficial ownership of 430 shares of BAB, Inc. common stock, held directly. The filing also includes a table for derivative securities such as options or warrants, but no derivative positions are listed, indicating only common stock ownership is being reported here.
BAB, Inc. reported leadership and board changes driven by the planned retirement of a key executive. On November 19, 2025, Michael K. Murtaugh, Vice President and General Counsel, Corporate Secretary, and a director, notified the company he will retire and resign from all positions effective November 27, 2025 due to personal health reasons, and the company states this is not due to any disagreement over operations, policies, or practices.
The Board appointed Brian J. Evans, age 34, as Chief Operating Officer and Corporate Secretary effective January 1, 2025 or earlier, with employment on an at-will basis and no separate employment agreement. He has been with the company since 2016 and is the son of President and CEO Michael W. Evans, with no related-party transactions requiring disclosure beyond his compensation. To bridge the transition, the Board appointed Chief Financial Officer Geraldine Conn, age 74, as Corporate Secretary effective November 27, 2025 and as a director on the same date, filling the vacated board seat, without additional board compensation.
BAB, Inc. reported that its Board of Directors approved Amendment No. 7 to the company’s Preferred Shares Rights Agreement dated May 6, 2013. The amendment changes the definition of the agreement’s “Final Expiration Date” so that the rights will now expire on the sixteenth anniversary of the original agreement. This effectively extends the duration of the shareholder rights plan, which is designed to govern how rights tied to the company’s preferred shares behave over time.
BAB, Inc. filed a quarterly report showing a small capital structure and ongoing shareholder distributions. The company reports 7,263,508 shares outstanding and 8,466,953 shares issued with 15,000,000 shares authorized. It maintains three wholly owned subsidiaries: BAB Systems, Inc., BAB Operations, Inc. and BAB Investments, Inc., with Systems housing franchise brands including Big Apple Bagels and acquired brands such as My Favorite Muffin.
The board declared recurring $0.01 quarterly cash distributions (March, June, September 2025) and a prior special distribution in December 2024 of $0.02. The company recognized $32,000 of income tied to gift card redemptions judged unlikely to be redeemed. A lease amendment provides a $158,940 tenant allowance applied over 62 paid months and a ten-month rent abatement; renewal option excluded from lease liability measurement. Management indicated no impairment existed as of August 31, 2025. The filing also references a rights agreement limiting transfers of >= 15% of common shares without board approval.