Todorovic Vojin 4

What Happened

• Vojin Todorovic, Chief Financial Officer of Build-A-Bear Workshop, reported surrendering 466 shares of common stock to satisfy tax withholding related to the vesting of restricted stock. The shares were valued at $35.27 each, totaling $16,436, on June 3, 2026.
• This was not an open-market sale or a purchase; it is a routine withholding transaction tied to compensation (restricted stock vesting), often called a cashless tax withholding.

Key Details

• Transaction date and price: 466 shares surrendered on 2026-06-03 at $35.27 per share (total ~$16,436).
• Shares owned after transaction: 59,101 shares of common stock plus 20,041 restricted shares, per the filer.
• Footnote: Shares were surrendered to pay tax withholding due upon vesting of restricted stock (tax-withholding, code F).
• Filing: Reported on Form 4 with a report period of 2026-06-03 and filed 2026-06-05 — within the usual two-business-day Form 4 filing window (timely).

Context

• Tax-withholding share surrenders are common when restricted stock vests; they reduce the insider’s outstanding share count but do not necessarily indicate a change in sentiment about the company.
• For retail investors, purchases or open-market sales can be more informative about insider views than routine tax withholdings like this one.