BUILD-A-BEAR WORKSHOP INC (BBW) 8-K Current Report: March 12, 2026
Filed: March 12, 2026
Consumer Discretionary
Retail-Hobby, Toy & Game ShopsBUILD-A-BEAR WORKSHOP INC (BBW) 8-K current report filed with SEC EDGAR on March 12, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.
Reported 8-K Items1 item
- Item 5.02: Departure/Election of Directors or Officers
BUILD-A-BEAR WORKSHOP INC 8-K Mar 12, 2026 Event Analysis
Item 5.02 · Departure/Election of Directors or Officers
- • Sharon Price John retiring as CEO on June 11, 2026 (annual meeting date); J. Christopher Hurt, 59, takes over as CEO same day — planned succession, not abrupt departure
- • Hurt's base salary: $700,000/year minimum; annual bonus target at 100% of base salary; 2026 LTI award of $1,200,000 (70% performance-based RSUs, 30% time-based RSUs)
- • Hurt has been internal since 2015 (COO/Chief Operations & Experience Officer), reducing succession risk; previously held senior roles at American Eagle Outfitters and Polo Ralph Lauren
- • CEO employment agreement: 3-year initial term renewing annually; termination without cause triggers salary continuation plus 18-month health benefits lump sum
- • John remains on Board as non-independent Class II director through 2027 annual meeting; Board expanded to 8 members to accommodate Hurt's directorship
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