Build-A-Bear (NYSE: BBW) director awarded 2,663 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Iyengar Narayan Raghu reported acquisition or exercise transactions in this Form 4 filing.
Build-A-Bear Workshop director Narayan Raghu Iyengar received 2,663 shares of restricted common stock as an equity award. The grant has no cash purchase price and represents compensation rather than an open-market transaction. The restricted shares are scheduled to vest on June 11, 2027.
After this award and subsequent vesting activity described in the footnotes, he beneficially owns 16,053 shares of common stock and 2,663 shares of restricted stock. The Form 4 shows 18,716 shares of common stock held directly immediately following the reported grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Iyengar Narayan Raghu
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,663 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,716 shares (Direct, null)
Footnotes (1)
- Grant to Reporting Person of 2,663 shares of restricted stock. The shares vest on June 11, 2027. Price is not applicable to grants of restricted stock. After giving effect to the transaction reported in this Form 4, Mr. Iyengar directly beneficially owns 16,053 shares of common stock and 2,663 shares of restricted stock of Build-A-Bear Workshop, Inc. 1,856 restricted shares vested on June 12, 2026, a day after the above reported transaction. For purposes of this footnote, we have included these 1,856shares as common stock instead of restricted, making this footnote accurate as of the date of filing.
Key Figures
Restricted stock grant: 2,663 shares
Grant price: $0.0000 per share
Vesting date: June 11, 2027
+4 more
7 metrics
Restricted stock grant
2,663 shares
Restricted common stock awarded to director on June 11, 2026
Grant price
$0.0000 per share
Equity compensation, not an open-market purchase
Vesting date
June 11, 2027
Scheduled vesting date for 2,663 restricted shares
Shares after transaction
18,716 shares
Common stock held directly immediately following the reported grant
Beneficial common stock
16,053 shares
Common stock beneficially owned as described in footnote
Beneficial restricted stock
2,663 shares
Restricted shares beneficially owned as described in footnote
Recently vested restricted shares
1,856 shares
Restricted shares that vested on June 12, 2026
Key Terms
restricted stock, vest, beneficially owns, Form 4
4 terms
restricted stock financial
"Grant to Reporting Person of 2,663 shares of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"The shares vest on June 11, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
beneficially owns financial
"Mr. Iyengar directly beneficially owns 16,053 shares of common stock and 2,663 shares of restricted stock"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
Form 4 regulatory
"After giving effect to the transaction reported in this Form 4, Mr. Iyengar directly beneficially owns"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What transaction did Narayan Raghu Iyengar report for Build-A-Bear Workshop (BBW)?
He reported receiving 2,663 shares of restricted common stock as an equity grant. The award was recorded at a price of $0.00 per share, reflecting compensation rather than a market purchase, and increased his directly held position in Build-A-Bear Workshop stock.
Is the Build-A-Bear (BBW) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant of restricted stock, not an open-market purchase. Code “A” identifies it as a grant, award, or other acquisition, and the per-share price is listed as $0.0000, confirming it is compensation-based equity rather than a cash-funded trade.