BJ (NYSE: BJ) CFO logs new stock awards and tax share withholding in Form 4
Rhea-AI Filing Summary
BJ's Wholesale Club Holdings EVP and CFO Laura L. Felice reported equity compensation adjustments, not open-market trading. On April 1, 2026, she received 10,279 shares of common stock issued in settlement of performance share units granted in 2023 that vested upon achieving their performance condition.
On the same date, a restricted stock unit award of 13,740 shares was granted, scheduled to vest in three equal annual installments on the first, second, and third anniversaries of the grant date. Separately, 11,225 shares were withheld at $94.61 per share to cover tax liabilities tied to vesting of equity awards, which is a non-market, tax-withholding disposition rather than a sale.
After these transactions, Felice directly held 92,868 shares of BJ's Wholesale Club Holdings common stock. In addition, 16,522 shares were reported as indirectly held through a grantor retained annuity trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,794 shares
Net Buy
4 txns
Insider
Felice Laura L.
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,279 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,225 | $94.61 | $1.06M |
| Grant/Award | Common Stock | 13,740 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 92,868 shares (Direct);
Common Stock — 16,522 shares (Indirect, By grantor retained annuity trust)
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: 10,279 shares
New RSU grant: 13,740 shares
Tax withholding shares: 11,225 shares
+3 more
6 metrics
Performance share settlement
10,279 shares
Common stock issued from 2023 performance share units
New RSU grant
13,740 shares
Restricted stock unit award granted April 1, 2026
Tax withholding shares
11,225 shares
Shares withheld to cover tax liabilities on vesting
Tax withholding price
$94.61 per share
Price used for tax-withholding disposition
Direct holdings after transactions
92,868 shares
Direct BJ common stock owned by CFO after Form 4
Indirect trust holdings
16,522 shares
Common stock held via grantor retained annuity trust
Key Terms
performance share units, restricted stock unit award, grantor retained annuity trust, tax liabilities incident to the vesting
4 terms
restricted stock unit award financial
"Restricted stock unit award, granted on April 1, 2026"
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.
grantor retained annuity trust financial
"By grantor retained annuity trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
tax liabilities incident to the vesting financial
"for payment of tax liabilities incident to the vesting of performance share unit"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did BJ (BJ's Wholesale Club) CFO Laura L. Felice report in this Form 4?
Laura L. Felice reported equity compensation changes, not open-market trades. She received 10,279 shares from vested 2023 performance share units and a new 13,740-share restricted stock unit grant, with additional shares withheld to pay related tax liabilities.
What are the terms of the new restricted stock unit award reported by BJ CFO?
The new restricted stock unit award covers 13,740 BJ shares. It was granted on April 1, 2026 and will vest in three equal installments, with one-third of the shares vesting on each of the first, second, and third anniversaries of the grant date.