---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-010337"
form_type: "8-K"
ticker: "BBW"
cik: "0001113809"
company_name: "BUILD-A-BEAR WORKSHOP INC"
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T01:47:41.984523+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Build-A-Bear adjusts 2023 executive comp; CEO gets higher LTI target, others get salary bumps

## Summary
- CEO Sharon John base salary unchanged at $764,800; additional LTI awarded: 38,182 performance-based and 16,365 time-based RSUs.
- CFO Voin Todorovic base salary raised to $465,500; other NEOs also received increases (Kretchmar $470,800, Hurt $465,600, Fencl $376,100).
- 2023 annual bonus program: CEO target 100% of base salary; other NEOs 50%; payout range 16.25%-130% (profitability) plus 8.75%-70% (revenue), capped at 200%.
- LTI grants for NEOs (excl. CEO) split 50% performance-based and 50% time-based RSUs; performance period fiscal 2023-2025 with 65% profitability / 35% revenue weighting.

## SEC filing metadata
- accession: 0001437749-23-010337
- form_type: 8-K
- ticker: BBW
- cik: 0001113809
- company_name: BUILD-A-BEAR WORKSHOP INC
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113809/000143774923010337/0001437749-23-010337-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113809/000143774923010337/bbw20230412_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-010337
- JSON: https://secwatch.observer/filing/0001437749-23-010337.json
- Plain text: https://secwatch.observer/filing/0001437749-23-010337.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.