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Build-A-Bear (NYSE: BBW) director granted 3,698 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Leavitt Craig reported acquisition or exercise transactions in this Form 4 filing.

Build-A-Bear Workshop director Craig Leavitt received a compensation grant of 3,698 shares of restricted common stock on June 11, 2026. The grant carries no purchase price and the shares are scheduled to vest on June 11, 2027.

After this award and the subsequent vesting of 2,475 previously restricted shares on June 12, 2026, he beneficially owns 64,142 shares of common stock and 3,698 shares of restricted stock of Build-A-Bear Workshop Inc.

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Insider Leavitt Craig
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,698 $0.00 --
Holdings After Transaction: Common Stock — 67,840 shares (Direct, null)
Footnotes (1)
  1. Grant to Reporting Person of 3,698 shares of restricted stock. The shares vest on June 11, 2027. Price is not applicable to grants of restricted stock. After giving effect to the transaction reported in this Form 4, Mr. Leavitt directly beneficially owns 64,142 shares of common stock and 3,698 shares of restricted stock of Build-A-Bear Workshop, Inc. 2,475 restricted shares vested on June 12, 2026, a day after the above reported transaction. For purposes of this footnote, we have included these 2,475 shares as common stock instead of restricted, making this footnote accurate as of the date of filing.
Restricted stock grant 3,698 shares Grant of restricted common stock to director on June 11, 2026
Vesting date June 11, 2027 Scheduled vesting of 3,698 restricted shares
Common shares owned 64,142 shares Common stock beneficially owned after grant and June 12, 2026 vesting
Restricted shares owned 3,698 shares Restricted stock beneficially owned after reported grant
Grant price $0.00 per share Price not applicable to restricted stock grant
restricted stock financial
"Grant to Reporting Person of 3,698 shares 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.
vest financial
"The shares vest on June 11, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
beneficially owns financial
"Mr. Leavitt directly beneficially owns 64,142 shares of common stock"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Leavitt Craig

(Last)(First)(Middle)
C/O BUILD-A-BEAR WORKSHOP, INC.
415 SOUTH 18TH STREET

(Street)
ST. LOUIS MISSOURI 63103

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BUILD-A-BEAR WORKSHOP INC [ BBW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/11/2026A3,698(1)A(2)67,840(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Grant to Reporting Person of 3,698 shares of restricted stock. The shares vest on June 11, 2027.
2. Price is not applicable to grants of restricted stock.
3. After giving effect to the transaction reported in this Form 4, Mr. Leavitt directly beneficially owns 64,142 shares of common stock and 3,698 shares of restricted stock of Build-A-Bear Workshop, Inc. 2,475 restricted shares vested on June 12, 2026, a day after the above reported transaction. For purposes of this footnote, we have included these 2,475 shares as common stock instead of restricted, making this footnote accurate as of the date of filing.
/s/ Yevgeny Fundler, as Attorney-in-Fact for Craig Leavitt06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Build-A-Bear (BBW) director Craig Leavitt report on this Form 4?

Craig Leavitt reported receiving a grant of 3,698 shares of restricted common stock. The grant was a compensation award at no purchase price and increases his overall equity stake in Build-A-Bear Workshop Inc as a company director.

How many shares were granted to Craig Leavitt by Build-A-Bear (BBW)?

Craig Leavitt was granted 3,698 shares of restricted common stock. These shares form part of his director compensation and will vest over time, aligning his interests with shareholders through increased long-term equity exposure in Build-A-Bear Workshop Inc.

When do Craig Leavitt’s new restricted Build-A-Bear (BBW) shares vest?

The 3,698 restricted shares granted to Craig Leavitt vest on June 11, 2027. Vesting means he will gain full ownership rights at that date, assuming continued service, turning this time-based award into unrestricted Build-A-Bear common stock.

What is Craig Leavitt’s total Build-A-Bear (BBW) share ownership after this grant?

After the reported transactions, Craig Leavitt beneficially owns 64,142 shares of common stock and 3,698 shares of restricted stock. This total includes 2,475 restricted shares that vested into common stock on June 12, 2026, following the grant date.

Did Craig Leavitt pay a price for the new Build-A-Bear (BBW) shares?

No, Craig Leavitt did not pay a purchase price for the new shares. The Form 4 shows a grant of 3,698 restricted shares at a price of $0.00 per share, reflecting a stock-based compensation award rather than an open-market transaction.

Was this Build-A-Bear (BBW) Form 4 a market buy or sell by Craig Leavitt?

This Form 4 reports an equity grant, not a market buy or sell. Craig Leavitt acquired 3,698 restricted shares as a compensation award, so no open-market purchase or sale occurred and no transaction price was set by trading.