Form 4: Build-A-Bear Workshop Director Craig Leavitt Receives Restricted Stock Grant

Director Craig Leavitt of Build-A-Bear Workshop, Inc. was granted 4,598 shares of restricted stock on June 13, 2024, which will vest on June 13, 2025.

Summary

• Craig Leavitt, a director of Build-A-Bear Workshop, Inc., received a grant of 4,598 shares of restricted stock on June 13, 2024.
• These shares will vest on June 13, 2025.
• Following this transaction, Mr. Leavitt directly beneficially owns 76,069 shares of common stock and 4,598 shares of restricted stock of Build-A-Bear Workshop, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices. The grant of restricted stock is generally viewed as a positive sign, aligning the director's interests with the company's long-term success.

Positives

• The grant of restricted stock aligns Mr. Leavitt's interests with the long-term performance of Build-A-Bear Workshop.

Industry Context

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

Stakeholder Impact

• The grant of restricted stock could have a slightly positive impact on shareholders by aligning the director's interests with the company's performance.

Key Dates