SCHEDULE: Thrivent Financial Boosts Build-A-Bear Stake to 6.99%

Sentiment:

Beneficial Ownership Report


Thrivent Financial for Lutherans has reported a 6.99% beneficial ownership stake in Build-A-Bear Workshop Inc. common stock.

Summary

  • Thrivent Financial for Lutherans, a Wisconsin fraternal benefit society, has filed an Amendment No. 1 to Schedule 13G.
  • The reporting person beneficially owns an aggregate of 917,479 shares of Build-A-Bear Workshop Inc. common stock.
  • This ownership represents 6.99% of the class, based on 13,126,157 common shares outstanding as of September 8, 2025, as reported in Build-A-Bear's Quarterly Report on Form 10-Q.
  • Thrivent Financial for Lutherans holds sole voting and dispositive power over 4,626 shares, which are held in the Thrivent Financial Defined Benefit Plan Trust, for which beneficial ownership is disclaimed.
  • Shared voting and dispositive power is held over 912,853 shares.
  • Of the shared shares, 248,991 are held by registered investment companies advised by Thrivent Financial for Lutherans, and 663,862 are held by registered investment companies advised by Thrivent Asset Management, LLC, a wholly-owned subsidiary.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine disclosure of beneficial ownership by an institutional investor, not indicating any specific positive or negative sentiment towards the issuer's performance or prospects.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders of Build-A-Bear Workshop Inc. will note the continued significant institutional ownership by Thrivent Financial for Lutherans, a large institutional investor.

Key Dates

DateDescription
08/02/2025End of quarter for Build-A-Bear Workshop Inc.'s Quarterly Report on Form 10-Q.
09/08/2025Date as of which 13,126,157 common shares of Build-A-Bear Workshop Inc. were outstanding.
09/11/2025Date Build-A-Bear Workshop Inc.'s Quarterly Report on Form 10-Q was filed with the SEC.
09/30/2025Date of event which required the filing of this Schedule 13G statement.
10/07/2025Date this Schedule 13G Amendment No. 1 was filed by Thrivent Financial for Lutherans.

Keywords

Build-A-Bear Workshop, Thrivent Financial, BABW, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing

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