Build-A-Bear (NYSE: BBW) CFO surrenders shares to cover restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Build-A-Bear Workshop Chief Financial Officer Vojin Todorovic surrendered 466 shares of common stock to cover taxes on restricted stock vesting. The shares were withheld at a price of $35.27 per share and were not sold in an open-market transaction.
After this tax-withholding disposition, he directly owns 59,101 shares of common stock and 20,041 shares of restricted stock, totaling 79,142 shares of Build-A-Bear Workshop equity. The withheld amount is a small fraction of his overall holdings and reflects routine tax settlement related to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Todorovic Vojin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 466 | $35.27 | $16K |
Holdings After Transaction:
Common Stock — 79,142 shares (Direct, null)
Footnotes (1)
- Shares surrendered in payment of tax withholding due upon vesting of restricted stock. After giving effect to the transactions reported in this Form 4, Mr. Todorovic directly owns 59,101 shares of common stock and 20,041 shares of restricted stock of Build-A-Bear Workshop, Inc.
Key Figures
Shares surrendered for taxes: 466 shares
Tax withholding share price: $35.27 per share
Total shares after transaction: 79,142 shares
+2 more
5 metrics
Shares surrendered for taxes
466 shares
Tax withholding on restricted stock vesting
Tax withholding share price
$35.27 per share
Value used for surrendered shares
Total shares after transaction
79,142 shares
Holdings following tax-withholding disposition
Common stock held after
59,101 shares
Directly owned common stock
Restricted stock held after
20,041 shares
Directly owned restricted stock
Key Terms
restricted stock, tax withholding, Form 4, non-derivative
4 terms
restricted stock financial
"tax withholding due upon vesting of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding financial
"Shares surrendered in payment of tax withholding due upon vesting"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Form 4 regulatory
"After giving effect to the transactions reported in this Form 4,"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did Build-A-Bear (BBW) disclose for CFO Vojin Todorovic?
Build-A-Bear disclosed that CFO Vojin Todorovic surrendered 466 shares of common stock. The shares were used to pay tax withholding due upon the vesting of restricted stock, rather than being sold in the open market.
Was the Build-A-Bear (BBW) CFO’s Form 4 transaction an open-market sale?
The transaction was not an open-market sale. The 466 shares of Build-A-Bear common stock were surrendered to satisfy tax withholding obligations tied to restricted stock vesting, a routine administrative step in equity compensation.
Does the Build-A-Bear (BBW) CFO’s Form 4 indicate any option exercises or derivative transactions?
The Form 4 does not report any option exercises or derivative transactions. It only shows a single non-derivative transaction where shares of common stock were surrendered to pay taxes on restricted stock vesting.