Form 4: Build-A-Bear Workshop CFO Vojin Todorovic Sells Shares Under 10b5-1 Trading Plan

Vojin Todorovic, CFO of Build-A-Bear Workshop, sold 15,000 shares of common stock on January 13, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Vojin Todorovic, the Chief Financial Officer of Build-A-Bear Workshop, Inc. (BBW), reported the sale of company stock on January 13, 2025.
• A total of 15,000 shares of common stock were sold in two separate transactions.
• 12,300 shares were sold at a weighted average price of $41.4564, with individual prices ranging from $40.985 to $41.91 per share.
• An additional 2,700 shares were sold at a weighted average price of $42.0015, with individual prices ranging from $42.00 to $42.01 per share.
• The sales were executed under a Rule 10b5-1 trading plan established on October 10, 2024.
• Following these transactions, Mr. Todorovic directly owns 62,519 shares of common stock and 13,176 shares of restricted stock of Build-A-Bear Workshop, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating insider stock sales. The sentiment is neutral as it reflects routine financial activity rather than a commentary on the company's performance.

Industry Context

Sales by company insiders are a common occurrence and are often pre-planned through Rule 10b5-1 trading plans to avoid accusations of insider trading. The market typically views these sales in the context of the individual's financial planning rather than as a reflection of the company's prospects.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.

Key Dates