BJ’s Wholesale Club Director Acquires 1,662 RSUs, Stake Now 24,125 Shares
BJ (NYSE:BJ) filed a Form 4 disclosing that director Christopher H. Peterson was granted 1,662 restricted stock units (RSUs) on 06/19/2025.
Rhea-AI Filing Summary
BJ (NYSE:BJ) filed a Form 4 disclosing that director Christopher H. Peterson was granted 1,662 restricted stock units (RSUs) on 06/19/2025.
The RSUs will vest on the earlier of (i) the first anniversary of the grant date or (ii) the day immediately preceding the next annual shareholders’ meeting, with settlement deferred until the director leaves the board. Following the award, Peterson’s total beneficial ownership rises to 24,125 common shares. No shares were sold and no cash consideration was paid, indicating a routine equity grant rather than an open-market transaction.
Positive
- Director Christopher H. Peterson acquired 1,662 RSUs, increasing his ownership by roughly 7 % to 24,125 shares, signalling continued alignment with shareholders.
Negative
- None.
Insights
TL;DR: Routine RSU grant boosts director’s stake by ~7%; minimal impact on BJ valuation.
The filing shows an automatic, zero-cost grant of 1,662 RSUs to board member Christopher H. Peterson, taking his holdings to 24,125 shares. While the award exceeds 5 % of his prior stake, it remains immaterial versus BJ’s overall float and involves no cash outlay or share sale. Such equity-based compensation aligns director incentives with shareholders but does not alter the firm’s capital structure or near-term earnings. Consequently, the market impact is expected to be neutral.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,662 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted stock unit award ("RSUs") which shall vest on the earlier of (i) the first anniversary of the date of grant, which date of grant is June 19, 2025; or (ii) the day immediately preceding the date of the first annual meeting of the Company's shareholders following the date of grant. The reporting person has elected to defer the settlement of the RSUs until the reporting person's termination of service as a director.
FAQ
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What is the vesting schedule for the 1,662 RSUs granted to BJ’s director?
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