John Sharon Price 4

What Happened
John Sharon Price, President & CEO and a director of Build-A-Bear Workshop, received two grants of restricted stock on 2026-04-14 totaling 19,275 shares (7,446 + 11,829). The shares were granted at $0.00 (restricted stock awards), so no cash was paid. These are awards (not open-market purchases or sales) tied to a previously earned performance share award and the company’s equity incentive plan.

Key Details

• Transaction date: April 14, 2026; Form 4 filed April 16, 2026 (reporting period 2026-04-14).
• Grants: 7,446 restricted shares (grant A) and 11,829 restricted shares (grant A); price not applicable for restricted stock.
• Vesting: The 7,446-share grant vests on April 30, 2026 subject to continued employment. The 11,829-share grant vests in equal installments on April 30 of 2027, 2028 and 2029.
• Basis of award: Payout of an earned performance share award under the shareholder-approved equity incentive plan based on fiscal 2023–2025 performance metrics.
• Holdings after grant: Price directly owns 188,427 shares of common stock and 36,999 shares of restricted stock per the filing.
• Transaction code: A = Award/Grant. No indication in the filing of a late report.

Context
These are compensation awards (performance-based restricted stock), not purchases or sales—common for executive pay and retention. The grant price is shown as $0 because restricted shares are awarded rather than bought; vesting is subject to continued employment and achievement-based criteria already met for the payout. Such awards increase the insider’s long-term equity stake but do not necessarily signal short-term trading intent.