Build-A-Bear CRO receives restricted stock grants

Henderson David D. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Henderson David D. reported acquisition or exercise transactions in this Form 4 filing.

Build-A-Bear Workshop’s Chief Revenue Officer David D. Henderson received equity compensation in the form of restricted stock awards, rather than buying or selling shares on the market. He was granted 5,916 shares of restricted stock that vest in equal installments on April 30, 2027, April 30, 2028, and April 30, 2029, plus a separate retention grant of 8,872 restricted shares that vest over time. After these grants, he directly owns 468 shares of common stock and 20,928 shares of restricted stock in the company.

Insider Trade Summary

Grant/Award: 14,788 shares

Grant/Award 2 txns

Insider Henderson David D.

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,916	$0.00	$0.00
Grant/Award	Common Stock	8,872	$0.00	$0.00

Holdings After Transaction: Common Stock — 21,396 shares (Direct)

Footnotes (4)

1. F1. 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.
2. F2. Price is not applicable to grants of restricted stock.
3. F3. Retention grant to reporting person of 8,872 shares of restricted stock that vests over time.
4. F4. After giving effect to the transactions reported in this Form 4, Mr. Henderson directly owns 468 shares of common stock and 20,928 shares of restricted stock of Build-A-Bear Workshop, Inc.

Key Figures

Restricted stock grant: 5,916 shares Retention restricted stock grant: 8,872 shares Post‑grant common shares: 468 shares +2 more

5 metrics

Restricted stock grant 5,916 shares Restricted stock awarded to David D. Henderson, vests 2027–2029

Retention restricted stock grant 8,872 shares Retention grant of restricted stock that vests over time

Post‑grant common shares 468 shares Common stock directly owned by Henderson after reported transactions

Post‑grant restricted shares 20,928 shares Restricted stock directly owned by Henderson after reported grants

Vesting dates April 30, 2027, 2028, 2029 Three equal installments for the 5,916-share restricted stock grant

Key Terms

restricted stock, retention grant, Chief Revenue Officer, Form 4

4 terms

restricted stock financial

"Grant to reporting person of 5,916 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.

retention grant financial

"Retention grant to reporting person of 8,872 shares of restricted stock that vests over time."

A retention grant is a promise by a company to give an employee future pay or stock if they remain employed for a set period or meet specific conditions, functioning like a delayed bonus to discourage departures. For investors, retention grants signal efforts to keep key staff and shape management behavior, while also creating future compensation expense and potential share dilution that can affect earnings and shareholder value.

Chief Revenue Officer financial

"officer_title": "Chief Revenue Officer""

A chief revenue officer is a top executive responsible for overseeing all aspects of generating income for a company, including sales, marketing, and customer relationships. They develop strategies to attract and retain customers, much like a coach guiding a team to score more points. Investors pay attention to this role because it directly influences the company's growth and profitability.

Form 4 regulatory

"After giving effect to the transactions reported in this Form 4, Mr. Henderson directly owns..."

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BBW’s David D. Henderson report on this Form 4?

David D. Henderson reported receiving grants of restricted stock in Build-A-Bear Workshop, not an open-market trade. He was awarded 5,916 restricted shares plus a separate 8,872-share retention grant, both as equity compensation rather than cash salary or bonus.

How many Build-A-Bear (BBW) shares were granted to David D. Henderson?

David D. Henderson received two restricted stock awards totaling 5,916 and 8,872 shares, respectively. These are compensation-related equity grants with no purchase price, designed to align his interests with shareholders and encourage continued service with Build-A-Bear Workshop over multiple years.

What is the vesting schedule for David D. Henderson’s 5,916-share BBW grant?

The 5,916-share restricted stock grant vests in three equal installments on April 30, 2027, April 30, 2028, and April 30, 2029. This multi-year vesting schedule encourages long-term retention and ties Henderson’s realized value to future company performance and continued employment.

How does the 8,872-share retention grant for BBW’s CRO work?

The 8,872-share retention grant is restricted stock that vests over time, according to the filing’s description. It is specifically labeled a “retention grant,” indicating it is structured to keep David D. Henderson with Build-A-Bear Workshop and align him with long-term shareholder value.

What are David D. Henderson’s BBW holdings after these restricted stock grants?

After these grants, David D. Henderson directly owns 468 shares of Build-A-Bear common stock and 20,928 shares of restricted stock. This mix of fully owned and time-vested equity ties a meaningful portion of his compensation to the company’s share performance and retention.

Did David D. Henderson buy or sell BBW shares in the market in this filing?

No, the Form 4 shows only grant or award acquisitions of restricted stock, not open-market purchases or sales. Both transactions are coded as awards with a zero price per share, reflecting compensation grants rather than trading activity in Build-A-Bear Workshop stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/16/2026 - 06:14 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Henderson David D.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Revenue Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/14/2026		A		5,916(1)	A	$0(2)	12,524	D
Common Stock	04/14/2026		A		8,872(3)	A	$0(2)	21,396(4)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. Price is not applicable to grants of restricted stock.

3. Retention grant to reporting person of 8,872 shares of restricted stock that vests over time.

4. After giving effect to the transactions reported in this Form 4, Mr. Henderson directly owns 468 shares of common stock and 20,928 shares of restricted stock of Build-A-Bear Workshop, Inc.

	/s/ Yevgeny Fundler, as Attorney-in-Fact for David D. Henderson	04/16/2026
	** Signature of Reporting Person	Date
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)