secwatch.observer — SEC 8-K summary
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Issuer:     BUILD-A-BEAR WORKSHOP INC (BBW)
CIK:        0001113809
Form:       8-K
Filed at:   2024-04-19T23:59:59+00:00
Accession:  0001437749-24-012573
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Build-A-Bear Workshop adjusts 2024 executive compensation; CEO salary set at $787,700
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- CEO Sharon John base salary set at $787,700; COO J. Christopher Hurt $479,600; CFO Voin Todorovic $479,500; CAO Eric Fencl $387,400.
- 2024 bonus targets: CEO 100% of salary, other executives 50%; payouts based on consolidated EBITDA and total revenue thresholds.
- CEO receives 34,364 performance-based restricted shares and 14,727 time-based restricted shares; other executives each get 6,364 of each type.
- Performance-based shares vest after 3 years based on 2024-2026 cumulative EBITDA (65% weight) and revenue (35% weight).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113809/000143774924012573/0001437749-24-012573-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113809/000143774924012573/bbw20240418_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-012573

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer