Iyengar Narayan Raghu 4
4 · BUILD-A-BEAR WORKSHOP INC · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Build-A-Bear (BBW) Director Narayan Iyengar Receives Restricted Stock Award
What Happened
- Narayan Iyengar, a director of Build‑A‑Bear Workshop, was granted 2,663 shares of restricted common stock on June 11, 2026. The grant is a restricted stock award (transaction code A); price is not applicable for restricted stock grants. The awarded shares vest on June 11, 2027. This is an award (not a market purchase or sale) and does not involve a cash transaction.
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-12 (timely).
- Shares awarded: 2,663 restricted shares; vesting date: June 11, 2027.
- Price/value: N/A for restricted stock grants (per footnote).
- Holdings after grant: reported beneficial ownership of 16,053 common shares and 2,663 restricted shares (footnote notes that 1,856 restricted shares vested on 6/12/2026 and were accounted for as common in the filing).
- Filing exhibits: Exhibit 24 — Power of Attorney for Narayan Iyengar.
- Filing appears timely (reporting period 2026-06-11, filed 2026-06-12).
Context
- Restricted stock awards to directors are a common form of compensation and retention; they differ from open‑market purchases or sales and do not by themselves indicate buying or selling intent. The one‑year vesting schedule means the shares are not transferable until the stated vest date.
Insider Transaction Report
Form 4
Iyengar Narayan Raghu
Director
Transactions
- Award
Common Stock
[F1][F2][F3]2026-06-11+2,663→ 18,716 total
Footnotes (3)
- [F1]Grant to Reporting Person of 2,663 shares of restricted stock. The shares vest on June 11, 2027.
- [F2]Price is not applicable to grants of restricted stock.
- [F3]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.
Signature
/s/ Yevgeny Fundler, as Attorney-in-Fact for Narayan Iyengar|2026-06-12