Form 4: Build-A-Bear Workshop Director Robert L. Dixon Jr. Receives Restricted Stock Grant
SEC Filing
Robert L. Dixon Jr., a director at Build-A-Bear Workshop, Inc., was granted 3,448 shares of restricted stock on June 13, 2024, which will vest on June 13, 2025.
Summary
- Robert L. Dixon Jr., a director of Build-A-Bear Workshop, Inc., received a grant of 3,448 shares of restricted stock on June 13, 2024.
- These shares will vest on June 13, 2025.
- The grant was reported on a Form 4 filing with the SEC.
- Following this transaction, Mr. Dixon directly beneficially owns 44,980 shares of common stock and 3,448 shares of restricted stock of Build-A-Bear Workshop, Inc.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction (stock grant) and doesn't contain information that would significantly sway investor sentiment positively or negatively.
Positives
- The grant of restricted stock aligns the director's interests with the long-term performance of the company.
Industry Context
Grants of restricted stock are a common form of executive compensation used to incentivize performance and align the interests of company leadership with those of shareholders.
Stakeholder Impact
- The stock grant could have a minor positive impact on shareholder sentiment by aligning the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of transaction: Grant of restricted stock to Robert L. Dixon Jr. |
| 06/13/2025 | Vesting date for the 3,448 shares of restricted stock. |
| 06/17/2024 | Date of Form 4 filing. |
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