{"url_path":"/sec/bbw/8-k/2026-06-12/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-12","source_url":"https://www.sec.gov/Archives/edgar/data/1113809/0001437749-26-020380-index.html","accession_number":"0001437749-26-020380","cik":"0001113809","ticker":"BBW","issuer_name":"BUILD-A-BEAR WORKSHOP INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1113809/0001437749-26-020380-index.html","primary_entity_key":"0001113809","primary_entity_name":"BUILD-A-BEAR WORKSHOP INC"},"word_count":443,"has_tables":true,"body_markdown":"Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\n \n\nOn June 12, 2026, Build-A-Bear Workshop, Inc. (the “Company”) announced that the Company had promoted Voin Todorovic, to the additional role of Chief Administrative Officer effective as of June 11, 2026 (the “Promotion Effective Date”), while he will continue to serve as Chief Financial Officer of the Company.\n\n \n\nPrior to the promotion to serve as both Chief Financial Officer and Chief Administrative Officer, Mr. Todorovic, age 51, had served as our Chief Financial Officer since joining the Company in September 2014. Prior to joining the Company, Mr. Todorovic was employed at Wolverine World Wide, Inc., a leading global footwear and apparel company, where since September 2013 he had served as the head of finance and operations for its Lifestyle Group, which includes a portfolio of iconic brands such as Sperry Top-Sider®, Hush Puppies®, Keds®, and Stride Rite®. From 2011 to 2013 Mr. Todorovic was Vice President—Finance and Administration of the Stride Rite Children’s Group business, operating in wholesale, direct to consumer and international franchising, and from 2010 to 2011 Mr. Todorovic was Vice President of the Performance + Lifestyle Group. Prior to his tenure at Wolverine World Wide he held positions of increasing responsibility at Collective Brands, Inc. and Payless ShoeSource.\n\n \n\nOn June 11, 2026, the Company entered into a Second Amended and Restated Employment Agreement with Mr. Todorovic (the “Amended Employment Agreement”) to reflect (i) his promotion to both Chief Financial Officer and Chief Administrative Officer and (ii) his current compensation arrangements with the Company, including an annual base salary of not less than $500,000 and an annual target bonus opportunity in any fiscal year to not less than 70% of his earned annual base pay for such fiscal year. Except as described herein, the material terms of Mr. Todorovic’s prior employment agreement remain unchanged. The description of Mr. Todorovic’s prior employment agreement under the heading “Executive Employment and Severance Agreements—Executive Employment Agreements” in the Company’s proxy statement, dated April 30, 2026 is hereby incorporated by reference herein.\n\n \n\nThe foregoing summary of the Amended Employment Agreement is a summary of its material terms, does not purport to be complete, and is qualified in its entirety by reference to the Amended Employment Agreement, a copy of which is being filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.\n\n \n\nOn June 12, 2026, the Company issued a press release announcing Mr. Todorovic’s promotion. A copy of this press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference."}