BJ's Wholesale (NYSE: BJ) SVP gets stock grants as 3,060 shares withheld for taxes
Rhea-AI Filing Summary
BJ's Wholesale Club Holdings, Inc. senior vice president and controller Joseph McGrail reported equity compensation transactions in company common stock. He received 1,511 shares issued upon vesting of performance share units granted in 2023 after achievement of the performance condition, and 4,128 shares from a new restricted stock unit award granted on April 1, 2026 that will vest in three equal annual installments.
The company withheld 3,060 shares at a price of $94.61 per share to cover tax liabilities related to the vesting of equity awards. After these transactions, McGrail directly holds 16,819 shares of BJ's Wholesale Club common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,579 shares
Net Buy
3 txns
Insider
McGrail Joseph
Role
SVP, Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,511 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,060 | $94.61 | $290K |
| Grant/Award | Common Stock | 4,128 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 16,819 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 units settled: 1,511 shares
Restricted stock unit grant: 4,128 shares
Shares withheld for taxes: 3,060 shares
+2 more
5 metrics
Performance share units settled
1,511 shares
Issued upon vesting of 2023 performance share units
Restricted stock unit grant
4,128 shares
RSU award granted on April 1, 2026
Shares withheld for taxes
3,060 shares
Withheld to pay tax liabilities on vesting awards
Tax withholding price
$94.61 per share
Value used for 3,060 withheld shares
Holdings after transactions
16,819 shares
Direct BJ common stock held by McGrail after April 1, 2026
Key Terms
performance share units, restricted stock unit, vesting, tax liabilities
4 terms
restricted stock unit financial
"Restricted stock unit award, granted on April 1, 2026, which will vest"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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.
tax liabilities financial
"shares withheld by the Issuer for payment of tax liabilities incident to the vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did BJ (BJ's Wholesale Club) report for Joseph McGrail?
BJ's Wholesale Club reported that SVP and controller Joseph McGrail received 1,511 shares from vested performance share units and 4,128 shares from a new restricted stock unit award, while 3,060 shares were withheld to cover related tax liabilities.
What are the terms of Joseph McGrail’s new restricted stock unit award at BJ?
On April 1, 2026, Joseph McGrail received a restricted stock unit award for 4,128 BJ shares. The award vests in three equal installments, with one-third of the shares vesting on each of the first, second, and third anniversaries of the grant date.
Do the BJ insider transactions for Joseph McGrail represent open-market buying or selling?
The transactions reflect equity compensation activity, not open-market trades. Shares were acquired through vesting of performance share units and a new restricted stock unit grant, while 3,060 shares were withheld by BJ to satisfy related tax obligations on these awards.