Form 4: Build-A-Bear Workshop CAO, Gen. Counsel & Secretary Eric R. Fencl Sells Shares
SEC Form 4 Filing
Eric R. Fencl, CAO, Gen. Counsel & Secretary of Build-A-Bear Workshop Inc., sold a total of 22,331 shares of common stock on March 18 and 19, 2024.
Summary
- On March 18, 2024, Eric R. Fencl sold 5,722 shares of Build-A-Bear Workshop Inc. common stock at a weighted average price of $29.6793 per share.
- The prices for these shares ranged from $29.50 to $29.84.
- On March 19, 2024, Mr. Fencl sold an additional 16,609 shares at a weighted average price of $28.9534 per share, with prices ranging from $28.95 to $28.965.
- Following these transactions, Mr. Fencl directly owns 134,750 shares of common stock and 16,202 shares of restricted stock of Build-A-Bear Workshop, Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity. The sentiment is neither positive nor negative as it simply reports the facts of the transactions.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity and provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- Shareholders may interpret insider selling as a lack of confidence in the company's future prospects, although this is a single transaction and may not be indicative of a broader trend.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Eric R. Fencl sold 5,722 shares of common stock. |
| 03/19/2024 | Eric R. Fencl sold 16,609 shares of common stock. |
| 03/20/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.