Welcome to our dedicated page for Build-A-Bear Workshop SEC filings (Ticker: BBW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to SEC filings for Build-A-Bear Workshop, Inc. (NYSE: BBW), a specialty retailer of customized stuffed animals and related products operating through direct-to-consumer, international franchising, and commercial segments. These regulatory documents offer detailed insight into the company’s financial performance, capital structure, and material corporate events.
Investors can review annual reports on Form 10-K and quarterly reports on Form 10-Q for information on segment revenues, gross margins, selling, general and administrative expenses, and net income. These filings also describe the company’s global footprint, including corporately managed locations, partner-operated sites, and franchise stores, as well as its e-commerce activities and licensing arrangements.
Current reports on Form 8-K are particularly relevant for Build-A-Bear, as they disclose material events such as quarterly earnings releases, dividend declarations, leadership changes, investor presentations, and financing arrangements. For example, an 8-K filing describes a Third Amendment to the company’s Revolving Credit and Security Agreement, which increased the base borrowing amount, extended the maturity date, reduced interest rates, and adjusted fees on undrawn commitments. Other 8-K filings report quarterly cash dividends approved by the Board of Directors and executive succession in legal and administrative roles.
Through this page, users can also track Form 4 insider transaction reports, where applicable, to see purchases or sales of BBW shares by directors and officers, and proxy statements on Schedule 14A for information on governance and executive compensation.
Stock Titan enhances these filings with AI-powered summaries that explain key points in plain language, highlight changes in credit facilities, summarize earnings trends, and surface notable disclosures. Real-time updates from EDGAR ensure that new Build-A-Bear filings, including 10-K, 10-Q, 8-K, and Form 4 reports, are available quickly, helping investors and researchers understand the regulatory record behind the BBW stock.
Build-A-Bear Workshop Inc is reported in an amended Schedule 13G/A showing zero beneficial ownership by The Vanguard Group as of this filing. The filing explains an internal realignment on January 12, 2026 that caused certain Vanguard subsidiaries or business divisions to report holdings separately.
The amendment (labeled Amendment No. 2) lists 0 shares and 0% ownership, and is signed by a Vanguard official on March 26, 2026. The disclosure states the disaggregation follows SEC Release No. 34-39538 (January 12, 1998).
Build-A-Bear Workshop, Inc. furnished an update on its business by issuing a press release with financial results for its fourth quarter and fiscal year 2025, which ended on January 31, 2026. The company’s common stock trades on the New York Stock Exchange under the symbol BBW.
The press release, provided as Exhibit 99.1, presents results prepared under GAAP and also includes certain non-GAAP financial measures. Management states that these non-GAAP metrics are intended to highlight underlying business trends and complement GAAP figures, though they are not a substitute for GAAP results.
The information in this report, including Exhibit 99.1, is being furnished rather than filed under securities laws, which limits certain legal liabilities. The company also includes forward-looking statements that rely on assumptions and are subject to risks and uncertainties, noting it has no obligation to update these statements after their date.
Build-A-Bear Workshop is implementing a planned CEO succession, with longtime executive Chris Hurt set to become Chief Executive Officer on June 11, 2026, succeeding Sharon Price John, who will retire from the role but remain on the Board.
Hurt, currently Chief Operations and Experience Officer, has led key elements of the company’s multi-year retail turnaround, international expansion, and brand, merchandising, and marketing initiatives. His new CEO agreement provides a base salary of at least $700,000, an annual bonus target of at least 100% of base salary, and eligibility for equity awards, including an anticipated $1,200,000 long-term incentive for 2026 weighted 70% performance-based and 30% time-based restricted stock.
The agreement runs an initial three-year term from March 12, 2026, with various termination and severance protections, including a lump-sum equivalent to 18 months of certain health and welfare benefits upon specified terminations. The company highlights that fiscal 2025 marked its 5th consecutive record year with total revenues of $529.8 million, underscoring a leadership change occurring against a backdrop of strong recent performance.
Build-A-Bear Workshop, Inc. declared a quarterly cash dividend of $0.23 per share, an increase of $0.01 per share. The dividend will be paid on April 9, 2026, to stockholders of record as of March 26, 2026. The company notes these dividend decisions remain subject to future review by its Board of Directors. Build-A-Bear also highlights that it generated consolidated total revenues of $496.4 million for fiscal 2024, reflecting the scale of its multi-channel retail and licensing business.
Divisadero Street Capital Management, LP and affiliated entities report a significant passive stake in Build-A-Bear Workshop, Inc. common stock. As of 12/31/2025, they beneficially own 1,251,224 shares, representing 9.7% of the outstanding common stock, with shared voting and dispositive power and no sole authority.
Within this total, Divisadero Street Partners, L.P. holds 858,790 shares, or 6.6% of the class. All reported shares are directly owned by advisory clients of Divisadero Street Capital Management, and the group certifies they do not hold the securities to change or influence control of Build-A-Bear.
Build-A-Bear Workshop Inc. received an amended ownership report showing a significant institutional stake. De Lisle Partners LLP, reported through Isabelle Cordwell‑Riant as an institutional investment manager, beneficially owns 765,938 shares of Build-A-Bear common stock, representing 5.9% of the outstanding class as of 12/31/2025, with sole voting and dispositive power over these shares.
Build-A-Bear Workshop director granted restricted stock
Build-A-Bear Workshop, Inc. granted director James A. Goldman 556 shares of restricted common stock on February 10, 2026. These shares vest on June 12, 2026. After this grant, Mr. Goldman directly owns 556 restricted shares of Build-A-Bear Workshop common stock.
Build-A-Bear Workshop, Inc. director reports no share ownership. James A. Goldman filed an initial insider ownership report (Form 3) for Build-A-Bear Workshop Inc. (BBW) in his capacity as a director, stating that no securities are beneficially owned. The filing is signed by an attorney-in-fact under a power of attorney.
Build-A-Bear Workshop, Inc. expanded its Board of Directors to seven members and appointed James A. Goldman as an independent Class I director, effective February 10, 2026, with a term ending at the 2026 Annual Meeting of Stockholders.
Goldman will serve on the Audit Committee and the Compensation and Human Capital Committee. He received an award of 556 shares of restricted stock under the Amended and Restated 2020 Omnibus Incentive Plan, scheduled to vest on June 12, 2026, subject to his continued service on the board.
Build-A-Bear Workshop, Inc. entered into a Third Amendment to its revolving credit and security agreement with PNC Bank and other lenders. The amendment increases the base borrowing capacity from $25.0 million to $40.0 million, while keeping an accordion feature that can raise it to up to $50.0 million. It also reduces interest rates on borrowings and lowers the undrawn facility fee from 0.25% to 0.20%, making the credit line less expensive to maintain.
The maturity of the facility is extended to December 31, 2030, and the agreement continues to include up to $5.0 million in swingline loans and up to $5.0 million in letters of credit. The loan remains secured by a first-priority lien on substantially all personal property of the company and its U.S. and Canadian subsidiaries. The company must keep borrowing availability at or above the greater of 10.0% of the Loan Cap or $1,875,000. At the time of the amendment, there were no outstanding borrowings and the company was in compliance with its covenants.