Form 4: Build-A-Bear Workshop Director Narayan Iyengar Receives Restricted Stock Grant

Director Narayan Raghu Iyengar of Build-A-Bear Workshop Inc. reports the acquisition of 3,448 shares of restricted stock on June 13, 2024, vesting on June 13, 2025.

Summary

• Narayan Raghu Iyengar, a director of Build-A-Bear Workshop Inc., filed a Form 4 on June 17, 2024.
• The filing reports a transaction on June 13, 2024, where Mr. Iyengar acquired 3,448 shares of restricted stock.
• These shares were granted as restricted stock, with a vesting date of June 13, 2025.
• The price is not applicable to grants of restricted stock.
• Following the reported transaction, Mr. Iyengar directly beneficially owns 10,749 shares of common stock and 3,448 shares of restricted stock of Build-A-Bear Workshop, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The grant of restricted stock to a director aligns their interests with the long-term performance of the company.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It reflects standard practices for incentivizing and retaining key personnel.

Stakeholder Impact

• The grant of restricted stock aligns the director's interests with those of the shareholders.

Key Dates