Build-A-Bear Workshop (BBW) CFO granted new restricted stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Todorovic Vojin reported acquisition or exercise transactions in this Form 4 filing.
Build-A-Bear Workshop’s Chief Financial Officer Vojin Todorovic reported several equity awards of common stock as compensation. He received 1,182 shares of restricted stock upon payout of an earned performance share award tied to performance metrics for fiscal 2023, 2024 and 2025, vesting on April 30, 2026. He was also granted 5,916 restricted shares that vest in equal installments on April 30, 2027, April 30, 2028 and April 30, 2029, plus a 8,872-share retention grant of restricted stock that vests over time. After these grants, he directly holds 55,469 shares of common stock and 25,748 shares of restricted stock in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Todorovic Vojin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,182 | $0.00 | -- |
| Grant/Award | Common Stock | 5,916 | $0.00 | -- |
| Grant/Award | Common Stock | 8,872 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 66,429 shares (Direct)
Footnotes (1)
- Grant to reporting person of restricted stock upon payout of earned performance share award under a shareholder-approved equity incentive plan. The payout was based on the level of achievement of performance metrics for fiscal 2023, 2024 and 2025. The shares will vest, subject to the reporting person's continued employment with the issuer, on April 30, 2026. Price is not applicable to grants of restricted stock. Grant to reporting person of 5,916 shares of restricted stock. The shares vest in equal installments on April 30, 2027, April 30, 2028, and April 30, 2029. Retention grant to reporting person of 8,872 shares of restricted stock that vests over time. After giving effect to the transactions reported in this Form 4, Mr. Todorovic directly owns 55,469 shares of common stock and 25,748 shares of restricted stock of Build-A-Bear Workshop, Inc.
Key Figures
Performance-based restricted stock grant: 1,182 shares
Time-vested restricted stock grant: 5,916 shares
Retention restricted stock grant: 8,872 shares
+3 more
6 metrics
Performance-based restricted stock grant
1,182 shares
Payout of earned performance share award for fiscal 2023–2025, vesting April 30, 2026
Time-vested restricted stock grant
5,916 shares
Vests in equal installments on April 30, 2027, April 30, 2028 and April 30, 2029
Retention restricted stock grant
8,872 shares
Retention grant of restricted stock that vests over time
Common shares held after grants
55,469 shares
Direct common stock ownership after reported Form 4 transactions
Restricted shares held after grants
25,748 shares
Direct restricted stock holdings after these equity awards
Transaction price per share
$0.0000
Price not applicable to grants of restricted stock
Key Terms
restricted stock, performance share award, equity incentive plan, retention grant, +1 more
5 terms
restricted stock financial
"Grant to reporting person of restricted stock upon payout of earned performance share award"
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.
equity incentive plan financial
"earned performance share award under a shareholder-approved equity incentive plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
retention grant financial
"Retention grant to reporting person of 8,872 shares of restricted stock that vests over time"
vest financial
"The shares will vest, subject to the reporting person's continued employment with the issuer"
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.
FAQ
What insider transaction did Build-A-Bear (BBW) report for its CFO?
Build-A-Bear’s CFO Vojin Todorovic reported equity compensation grants of restricted common stock. The awards include performance-based and retention-focused grants, increasing his direct common and restricted share ownership in the company rather than reflecting any open-market purchases or sales.
When do the new Build-A-Bear (BBW) restricted stock awards vest?
The 1,182 performance-based restricted shares vest on April 30, 2026. The 5,916-share grant vests in equal installments on April 30, 2027, April 30, 2028 and April 30, 2029, while the 8,872-share retention grant vests over time as specified in the award terms.
What are the Build-A-Bear (BBW) CFO’s holdings after these grants?
After these equity grants, CFO Vojin Todorovic directly owns 55,469 shares of Build-A-Bear common stock and 25,748 shares of restricted stock. This reflects his updated equity position, combining fully owned shares with time- or performance-based restricted awards.
Is there a purchase price for the BBW restricted stock grants to the CFO?
There is no purchase price for these restricted stock grants to the CFO. A footnote specifies that price is not applicable to grants of restricted stock, confirming these awards are compensation-based grants rather than shares bought in open-market transactions.