Leavitt Craig 4

What Happened
Craig Leavitt, a director of Build-A-Bear Workshop, Inc. (BBW), was granted 3,698 restricted shares on June 11, 2026 (transaction code A — award/grant). There is no purchase price for restricted stock (price = N/A). The granted shares vest on June 11, 2027. After giving effect to this filing, the company reports Mr. Leavitt beneficially owns 64,142 common shares and 3,698 restricted shares. The filing also notes that 2,475 restricted shares vested on June 12, 2026 and were counted as common stock in the ownership total reported.

Key Details

• Transaction date: June 11, 2026 (filed June 12, 2026)
• Transaction type/code: Award/Grant (A) — restricted stock
• Shares granted: 3,698 restricted shares; price not applicable for restricted stock (see footnote)
• Vesting: June 11, 2027 (per footnote)
• Shares owned after transaction: 64,142 common shares and 3,698 restricted shares (footnote clarifies 2,475 shares vested on 6/12/2026 and were treated as common stock for the filing)
• Filing timeliness: Form 4 filed next day (no late-filing flag noted)

Context
Restricted stock grants are a form of compensation/retention and typically vest over time; they are not open-market purchases or sales and do not by themselves indicate the insider is buying or selling shares. Note the reported ownership includes recently vested shares (2,475) that were converted to common shares the day after the grant; no 10b5-1 plan, tax withholding, or exercise/sale was reported in this Form 4.