Form 4: Build-A-Bear Workshop CFO Vojin Todorovic Receives Restricted Stock Grant

Build-A-Bear Workshop's CFO, Vojin Todorovic, was granted 6,363 shares of restricted stock, vesting in equal installments over three years.

Summary

• Vojin Todorovic, the Chief Financial Officer of Build-A-Bear Workshop, Inc., received a grant of 6,363 shares of restricted stock on April 16, 2024.
• The restricted stock will vest in equal installments on April 30, 2025, April 30, 2026, and April 30, 2027.
• Following this transaction, Mr. Todorovic directly owns 92,819 shares of common stock and 24,037 shares of restricted stock of Build-A-Bear Workshop, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard executive compensation practice, indicating stability and alignment of interests.

Positives

• The grant of restricted stock aligns the CFO's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the CFO.

Industry Context

Restricted stock grants are a common form of executive compensation used to incentivize performance and align management's interests with those of shareholders.

Stakeholder Impact

• Shareholders may view the restricted stock grant as a positive sign, aligning management's interests with the company's long-term success.
• Employees may see this as a sign of stability and investment in leadership.

Key Dates