Form 4: Director Craig Leavitt Receives Build-A-Bear Stock Grant
Statement of Changes in Beneficial Ownership
Build-A-Bear Workshop director Craig Leavitt was granted 3,698 shares of restricted stock as part of an equity compensation award.
Summary
- Director Craig Leavitt received a grant of 3,698 shares of restricted stock on June 11, 2026.
- The granted shares are scheduled to vest on June 11, 2027.
- Following this transaction, the director's total beneficial ownership stands at 67,840 shares.
- The transaction reflects standard equity-based compensation for board members.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.
Positives
- Alignment of director interests with long-term shareholder value through equity ownership.
Negatives
- None identified; this is a routine equity grant.
Risks
- None identified; this is a standard regulatory disclosure of director compensation.
Future Outlook
The filing does not provide forward-looking financial guidance, as it is a disclosure of director equity compensation.
Industry Context
StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the retail and consumer goods sector to ensure directors remain incentivized to drive long-term company performance.
Comparison to Industry Standards
- The grant of restricted stock to directors is consistent with standard compensation packages for publicly traded companies of similar market capitalization.
- The one-year vesting period is a common retention and alignment mechanism used by retail companies like Build-A-Bear.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity grant within typical compensation structures.
Next Steps
- Vesting of the 3,698 restricted shares on June 11, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/11/2026 | Date of restricted stock grant transaction. |
| 06/12/2026 | Vesting date of 2,475 previously held restricted shares and filing date of the Form 4. |
| 06/11/2027 | Vesting date for the newly granted 3,698 restricted shares. |
Keywords
Build-A-Bear Workshop, BBW, Form 4, Insider Trading, Director Compensation, Equity Grant
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