BJ’s Wholesale (NYSE: BJ) EVP Graham Luce receives stock awards, tax withholding
Rhea-AI Filing Summary
BJ's Wholesale Club Holdings, Inc. executive Graham Luce, EVP and Secretary, reported equity compensation activity in company common stock. On April 1, 2026, Luce acquired 6,198 shares issued in settlement of performance share units granted in 2023 after meeting performance goals, and received a new restricted stock unit award of 6,341 shares that will vest in three equal annual installments.
To cover tax liabilities tied to these vesting events, 5,962 shares were withheld by the company at $94.61 per share, which is recorded as a disposition but is not an open‑market sale. Following these transactions, Luce directly owns 18,194 shares of BJ's Wholesale Club common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,577 shares
Net Buy
3 txns
Insider
Luce Graham
Role
EVP, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,198 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,962 | $94.61 | $564K |
| Grant/Award | Common Stock | 6,341 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 18,194 shares (Direct)
Footnotes (3)
- F1. Shares issued in settlement of performance share units granted in 2023 which vested upon the achievement of the performance condition.
- F2. Represents shares withheld by the Issuer for payment of tax liabilities incident to the vesting of performance share unit, restricted stock unit, and restricted stock awards.
- F3. Restricted stock unit award, granted on April 1, 2026, which will vest with respect to 1/3 of the shares subject thereto on each of the first, second and third anniversaries of the date of grant.
Key Figures
Performance share settlement: 6,198 shares
Tax withholding shares: 5,962 shares at $94.61
New RSU award: 6,341 shares
+1 more
4 metrics
Performance share settlement
6,198 shares
Common stock issued from 2023 performance share units upon vesting
Tax withholding shares
5,962 shares at $94.61
Shares withheld to cover tax liabilities on vesting awards
New RSU award
6,341 shares
Restricted stock unit award granted April 1, 2026, vesting over three years
Post-transaction holdings
18,194 shares
Direct ownership of BJ’s Wholesale common stock after reported transactions
Key Terms
performance share units, restricted stock unit award, tax liabilities, vesting
4 terms
restricted stock unit award financial
"Restricted stock unit award, granted on April 1, 2026, which will vest"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax liabilities financial
"Represents shares withheld by the Issuer for payment of tax liabilities incident"
vesting financial
"which vested upon the achievement of the performance condition"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did BJ (BJ's Wholesale Club) report for Graham Luce?
BJ's Wholesale Club reported that EVP and Secretary Graham Luce received 6,198 shares from vested performance share units and a new 6,341-share restricted stock unit award. The company also withheld 5,962 shares to cover related tax liabilities on April 1, 2026.
Did Graham Luce buy or sell BJ (BJ's Wholesale Club) stock on the open market?
The filing shows no open-market purchases or sales by Graham Luce. Reported activity reflects stock granted as compensation and 5,962 shares withheld by the company at $94.61 per share to pay tax liabilities tied to vesting awards.
What are the terms of Graham Luce’s new restricted stock unit award at BJ (BJ's Wholesale Club)?
Graham Luce received a restricted stock unit award of 6,341 shares on April 1, 2026. The award will vest in three equal parts, with one-third of the shares vesting on each of the first, second, and third anniversaries of the grant date.