Build-A-Bear (NYSE: BBW) officer has shares withheld to cover tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Build-A-Bear Workshop Chief Ops & Experience Officer J. Christopher Hurt had 1,604 shares of common stock withheld on April 30, 2026 to cover tax obligations from restricted stock vesting. This was a tax-withholding disposition, not an open-market sale. After the transaction, he directly holds 43,231 shares of common stock and 16,284 shares of restricted stock, maintaining a substantial equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hurt J. Christopher
Role
Chief Ops & Experience Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,604 | $36.94 | $59K |
Holdings After Transaction:
Common Stock — 59,515 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. Hurt directly owns 43,231 shares of common stock and 16,284 shares of restricted stock of Build-A-Bear Workshop, Inc.
Key Figures
Shares withheld for taxes: 1,604 shares
Withholding price: $36.94 per share
Common shares held after: 43,231 shares
+2 more
5 metrics
Shares withheld for taxes
1,604 shares
Tax-withholding disposition on April 30, 2026
Withholding price
$36.94 per share
Value used for tax-withholding shares
Common shares held after
43,231 shares
Direct common stock ownership after transaction
Restricted shares held after
16,284 shares
Direct restricted stock position after transaction
Total equity-related shares after
59,515 shares
Sum of common and restricted shares after withholding
Key Terms
restricted stock, tax withholding, Common Stock, tax-withholding disposition
4 terms
restricted stock financial
"Shares surrendered in payment of 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 of restricted stock."
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.
Common Stock financial
"Common Stock transaction of 1,604.0000 shares at $36.9400 per share."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tax-withholding disposition financial
"transaction_action is described as tax-withholding disposition for this Form 4 entry."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did Build-A-Bear (BBW) executive J. Christopher Hurt report in this Form 4?
He reported 1,604 shares of common stock being withheld to cover taxes on restricted stock vesting. This tax-related disposition is mechanical and does not represent an open-market sale of shares by the executive.
What does the tax-withholding disposition in the BBW Form 4 mean for investors?
It indicates a routine administrative event where shares covered tax liabilities on vested restricted stock. Because it was not an open-market sale, it carries limited informational value about the executive’s view of Build-A-Bear’s future prospects.