BJ's Wholesale Club (BJ) director granted 2,288 RSUs in stock award
Rhea-AI Filing Summary
Burwick David A reported acquisition or exercise transactions in this Form 4 filing.
BJ's Wholesale Club Holdings director David A. Burwick reported an equity award of 2,288 shares of common stock in the form of restricted stock units (RSUs). These RSUs will vest on the earlier of the first anniversary of the June 18, 2026 grant date or the day before the first shareholder meeting following the grant. Burwick has elected to defer settlement of the RSUs until the earlier of June 1, 2029 or the end of his service as a director. After this award, he directly holds 5,982 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,288 shares
Net Buy
1 txn
Insider
Burwick David A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,288 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 5,982 shares (Direct)
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 18, 2026; 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 earlier of June 1, 2029 or the reporting person's termination of service as a director.
Key Figures
RSU grant size: 2,288 shares
Post-award holdings: 5,982 shares
Grant date: June 18, 2026
+3 more
6 metrics
RSU grant size
2,288 shares
Restricted stock unit award of common stock
Post-award holdings
5,982 shares
Common stock held directly after transaction
Grant date
June 18, 2026
RSU award grant date in footnote
Vesting trigger
First anniversary or pre-meeting date
Earlier of June 18, 2027 or day before first shareholder meeting after grant
Deferral end date
June 1, 2029
Latest date for RSU settlement absent earlier termination
Reported transaction price
$0.0000 per share
Indicates compensatory award, no cash purchase
Key Terms
Restricted stock unit award ("RSUs"), vest, defer the settlement, termination of service as a director
4 terms
Restricted stock unit award ("RSUs") financial
"Restricted stock unit award ("RSUs") which shall vest on the earlier of"
vest financial
"RSUs which shall vest on the earlier of (i) the first anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
defer the settlement financial
"The reporting person has elected to defer the settlement of the RSUs"
termination of service as a director financial
"until the earlier of June 1, 2029 or the reporting person's termination of service as a director"
AI-generated analysis. How Rhea-AI works. Not financial advice.