Build-A-Bear Files 8-K on Officer Changes, Compensation
Ticker: BBW · Form: 8-K · Filed: Feb 5, 2024 · CIK: 1113809
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, executive-changes, compensation
TL;DR
**Build-A-Bear filed an 8-K about executive changes and pay, keep an eye on leadership shifts.**
AI Summary
Build-A-Bear Workshop, Inc. filed an 8-K on February 5, 2024, reporting events that occurred on February 2, 2024. This filing primarily concerns the departure or election of directors/officers and compensatory arrangements, as well as financial statements and exhibits. While the specific details of these changes are not provided in this summary, investors should note that changes in leadership or executive compensation can signal shifts in company strategy or financial health, which could impact the stock's future performance.
Why It Matters
Changes in executive leadership or compensation structures can indicate strategic shifts or financial adjustments within Build-A-Bear Workshop, Inc., potentially influencing investor confidence and future stock valuation.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of corporate governance changes and does not inherently present a high risk, though the underlying events could be significant.
Analyst Insight
A smart investor would monitor subsequent filings or press releases for specific details regarding the executive changes and compensation arrangements mentioned in this 8-K, as these specifics could influence future company performance and stock valuation.
Key Numbers
- $0.01 — par value per share (This is the nominal value of each common stock share of Build-A-Bear Workshop, Inc.)
Key Players & Entities
- Build-A-Bear Workshop, Inc. (company) — the registrant filing the 8-K
- February 2, 2024 (date) — date of earliest event reported
- February 5, 2024 (date) — date the 8-K was filed
- 001-32320 (dollar_amount) — Commission File Number
- 43-1883836 (dollar_amount) — IRS Employer Identification No.
- $0.01 (dollar_amount) — par value per share of Common Stock
- BBW (company) — trading symbol on the New York Stock Exchange
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 2, 2024.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on February 5, 2024.
What are the primary items of information disclosed in this 8-K?
The primary items of information disclosed are 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
What is the trading symbol and exchange for Build-A-Bear Workshop, Inc. common stock?
The common stock of Build-A-Bear Workshop, Inc. trades under the symbol BBW on the New York Stock Exchange.
What is the state of incorporation for Build-A-Bear Workshop, Inc.?
Build-A-Bear Workshop, Inc. is incorporated in Delaware.
Filing Stats: 871 words · 3 min read · ~3 pages · Grade level 12 · Accepted 2024-02-05 16:47:02
Key Financial Figures
- $0.01 — ch registered Common Stock , par value $0.01 per share BBW New York Stock Exchang
- $470,800 — : (i) a cash severance payment equal to $470,800, payable in equal installments for a pe
- $15,254 — ; (ii) a lump sum cash payment equal to $15,254, payable within 30 days after the Termi
- $50,000 — ll pay Ms. Kretchmar consulting fees of $50,000 per month. The Consulting Agreement wil
Filing Documents
- bbw20240204_8k.htm (8-K) — 32KB
- ex_622486.htm (EX-10.1) — 75KB
- ex_622487.htm (EX-10.2) — 29KB
- 0001437749-24-003129.txt ( ) — 297KB
- bbw-20240202.xsd (EX-101.SCH) — 3KB
- bbw-20240202_def.xml (EX-101.DEF) — 11KB
- bbw-20240202_lab.xml (EX-101.LAB) — 15KB
- bbw-20240202_pre.xml (EX-101.PRE) — 11KB
- bbw20240204_8k_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits . (d) Exhibits Exhibit Number Description of Exhibit 10.1 Separation Agreement and General Release by and between Jennifer Kretchmar and Build-A-Bear Workshop, Inc., dated February 4, 2024 10.2 Consulting Agreement by and between Jennifer Kretchmar and Build-A-Bear Workshop, Inc., dated February 4, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BUILD-A-BEAR WORKSHOP, INC. Date: February 5, 2024 By: /s/ Eric R. Fencl Name Eric R. Fencl Title: Chief Administrative Officer, General Counsel and Secretary 3