STOCK TITAN

Build-A-Bear (NYSE: BBW) officer receives multi-year restricted stock grants

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

Rhea-AI Filing Summary

Hurt J. Christopher reported acquisition or exercise transactions in this Form 4 filing.

Build-A-Bear Workshop Inc. executive J. Christopher Hurt reported two stock awards of common shares as compensation. On April 14, 2026, he received 1,182 shares of restricted stock upon payout of an earned performance share award tied to fiscal 2023, 2024 and 2025 metrics; these shares vest on April 30, 2026, subject to continued employment. He also received a separate grant of 9,465 restricted shares that vest in three equal installments on April 30, 2027, April 30, 2028 and April 30, 2029. After these awards, he directly owns 40,694 common shares and 20,425 restricted shares of Build-A-Bear Workshop Inc.

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Insider Hurt J. Christopher
Role Chief Ops & Experience Officer
Type Security Shares Price Value
Grant/Award Common Stock 1,182 $0.00 --
Grant/Award Common Stock 9,465 $0.00 --
Holdings After Transaction: Common Stock — 51,654 shares (Direct)
Footnotes (1)
  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 9,465 shares of restricted stock. The shares vest in equal installments on April 30, 2027, April 30, 2028, and April 30, 2029. After giving effect to the transactions reported in this Form 4, Mr. Hurt directly owns 40,694 shares of common stock and 20,425 shares of restricted stock of Build-A-Bear Workshop, Inc.
Performance-based restricted stock 1,182 shares Award upon payout of earned performance share for fiscal 2023–2025; vests April 30, 2026
Time-based restricted stock grant 9,465 shares Restricted stock grant vesting in equal installments in 2027, 2028 and 2029
Common shares held after awards 40,694 shares Directly owned common stock after the reported transactions
Restricted shares held after awards 20,425 shares Directly owned restricted stock after the reported transactions
Single-vest date for performance award April 30, 2026 Vesting date for 1,182-share performance-based restricted stock award
Installment vesting dates 2027, 2028, 2029 Equal vesting installments on April 30, 2027, 2028 and 2029
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.
performance share award financial
"payout of earned performance share award under a shareholder-approved equity incentive plan"
A performance share award is a type of executive or employee pay that grants company stock only if predefined performance goals are met over a set period. Think of it as a bonus paid in shares—similar to a savings payout that arrives only if certain targets are hit—so it aligns management incentives with company results and can affect future share count and shareholder value. Investors watch these awards because they influence executive behavior, potential dilution of shares, and signals about expected performance.
equity incentive plan financial
"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.
vest financial
"The shares will vest, subject to the reporting person's continued employment"
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.
installments financial
"The shares vest in equal installments on April 30, 2027, April 30, 2028, and April 30, 2029"
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*
Hurt J. Christopher

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Ops & Experience 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)
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 Stock04/14/2026A1,182(1)A$0(2)51,654D
Common Stock04/14/2026A9,465(3)A$0(2)61,119(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Price is not applicable to grants of restricted stock.
3. Grant to reporting person of 9,465 shares of restricted stock. The shares vest in equal installments on April 30, 2027, April 30, 2028, and April 30, 2029.
4. After giving effect to the transactions reported in this Form 4, Mr. Hurt directly owns 40,694 shares of common stock and 20,425 shares of restricted stock of Build-A-Bear Workshop, Inc.
/s/ Yevgeny Fundler, attorney-in-fact for J. Christopher Hurt04/16/2026
** 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 insider transactions did BBW executive J. Christopher Hurt report on this Form 4?

He reported two compensation-related stock awards. One was 1,182 restricted shares from a performance share payout, and the other was a grant of 9,465 restricted shares, both in Build-A-Bear Workshop common stock.

Were the recent BBW Form 4 transactions open-market buys or compensation grants?

They were compensation grants, not open-market purchases. Both transactions are coded as awards of restricted stock, with a price listed as not applicable for these types of equity incentive grants.

How many Build-A-Bear (BBW) shares does J. Christopher Hurt hold after these awards?

After these awards, he directly holds 40,694 common shares and 20,425 restricted shares of Build-A-Bear Workshop Inc., combining his existing position with the newly granted restricted stock reported.

What are the vesting terms for the 1,182-share restricted stock award at BBW?

The 1,182-share restricted stock award comes from an earned performance share payout. These shares will vest on April 30, 2026, provided Mr. Hurt remains employed with Build-A-Bear Workshop through that date.

When do the 9,465 restricted BBW shares granted to J. Christopher Hurt vest?

The 9,465 restricted shares vest in three equal installments. They are scheduled to vest on April 30, 2027, April 30, 2028, and April 30, 2029, aligning with a multi-year retention and incentive structure.

What performance period determined the 1,182-share performance-based award at BBW?

The payout of 1,182 restricted shares was based on performance metrics covering fiscal years 2023, 2024 and 2025. The award reflects the level of achievement over that three-year performance period under a shareholder-approved incentive plan.