Form 4: Build-A-Bear CRO Reports Tax-Related Share Disposition

Chief Revenue Officer David D. Henderson disposed of 464 shares of Build-A-Bear Workshop, Inc. to satisfy tax withholding obligations.

Summary

• David D. Henderson, Chief Revenue Officer of Build-A-Bear Workshop, Inc., disposed of 464 shares of common stock on June 3, 2026.
• The transaction was executed at a price of $35.27 per share.
• The disposition was made to satisfy tax withholding requirements related to the vesting of restricted stock.
• Following this transaction, Mr. Henderson maintains a total beneficial ownership of 20,687 shares, consisting of 2,046 shares of common stock and 18,641 shares of restricted stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and related to tax obligations upon the vesting of restricted stock.

Positives

• The transaction was a routine administrative action related to tax obligations rather than a discretionary sale of equity.

Negatives

• Reduction in the total number of shares directly held by a key executive.

Risks

• None identified; this is a standard regulatory filing for executive compensation tax compliance.

Future Outlook

Not applicable; this is a historical record of an insider transaction.

Industry Context

StockSavvy.ai notes that routine tax-related share dispositions by executives are standard industry practice and do not typically signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The transaction aligns with standard corporate governance practices for executive equity compensation management.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was a non-discretionary tax settlement.

Key Dates

Keywords

Build-A-Bear Workshop, BBW, Form 4, Insider Trading, Executive Compensation, Tax Withholding