Form 4: Build-A-Bear Workshop Executive Receives Stock Grant
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
| Date | Description |
|---|---|
| 09/16/2024 | Date of the transaction: Grant of restricted stock to David D. Henderson. |
| 04/30/2025 | First vesting date for the restricted stock. |
| 04/30/2026 | Second vesting date for the restricted stock. |
| 04/30/2027 | Final vesting date for the restricted stock. |
| 09/18/2024 | Date of Form 4 filing. |
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