Form 4: Build-A-Bear Workshop Executive Receives Stock Grant

Sentiment:

SEC Form 4 Filing


David D. Henderson, Chief Revenue Officer of Build-A-Bear Workshop, Inc., was granted 2,163 shares of restricted stock on September 16, 2024.

Summary

  • David D. Henderson, Chief Revenue Officer of Build-A-Bear Workshop, Inc., received a grant of 2,163 shares of restricted stock on September 16, 2024.
  • The shares vest in equal installments on April 30, 2025, April 30, 2026, and April 30, 2027.
  • Following this transaction, Mr. Henderson directly owns 2,163 shares of restricted stock of Build-A-Bear Workshop, Inc.

Sentiment

Score: 6

Explanation: The document is a routine disclosure of a stock grant, which is generally neutral. The vesting schedule suggests a positive outlook for the executive's continued contribution.

Positives

  • The grant of restricted stock to the Chief Revenue Officer aligns his interests with the long-term performance of the company.
  • The vesting schedule encourages continued service and contribution to the company's success.

Future Outlook

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

Industry Context

Stock grants are a common form of executive compensation in the retail industry, aligning management's interests with shareholder value.

Stakeholder Impact

  • Shareholders may view the stock grant as a positive incentive for the Chief Revenue Officer to drive company performance.
  • Employees may see the grant as a sign of the company's commitment to its leadership team.

Key Dates

DateDescription
09/16/2024Date of the transaction: Grant of restricted stock to David D. Henderson.
04/30/2025First vesting date for the restricted stock.
04/30/2026Second vesting date for the restricted stock.
04/30/2027Final vesting date for the restricted stock.
09/18/2024Date of Form 4 filing.

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