Darryl Brown awarded 2,288 RSUs at BJ’s Wholesale Club (NYSE: BJ)
Rhea-AI Filing Summary
Brown Darryl reported acquisition or exercise transactions in this Form 4 filing.
BJ's Wholesale Club Holdings director Darryl Brown received a grant of 2,288 restricted stock units (RSUs) of common stock. The 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 after that date. Brown has elected to defer settlement of these RSUs until his termination of service as a director, and his direct holdings following the award total 14,289 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,288 shares
Net Buy
1 txn
Insider
Brown Darryl
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,288 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 14,289 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 reporting person's termination of service as a director.
Key Figures
RSU grant size: 2,288 RSUs
Grant price: $0.0000 per share
Shares after transaction: 14,289 shares
+1 more
4 metrics
RSU grant size
2,288 RSUs
Non-derivative equity award to director on June 18, 2026
Grant price
$0.0000 per share
Indicates compensation grant, not market purchase
Shares after transaction
14,289 shares
Total direct holdings following RSU award
Grant date
June 18, 2026
Date of RSU grant referenced in vesting terms
Key Terms
Restricted stock unit, RSUs, vest, defer the settlement, +1 more
5 terms
Restricted stock unit financial
"Restricted stock unit award ("RSUs") which shall vest on the earlier of"
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.
RSUs financial
"The reporting person has elected to defer the settlement of the RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
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 financial
"until the reporting person's termination of service as a director"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did BJ (BJ's Wholesale Club Holdings) director Darryl Brown receive in this Form 4?
Darryl Brown received a grant of 2,288 restricted stock units (RSUs) of BJ’s common stock. These RSUs are a form of equity compensation and increase his direct holdings to 14,289 shares after the award.
When do Darryl Brown’s 2,288 BJ RSUs vest?
The 2,288 BJ RSUs vest on the earlier of the first anniversary of the June 18, 2026 grant date or the day immediately before the first annual shareholder meeting following that grant date, according to the disclosed vesting terms.
Did Darryl Brown pay for the 2,288 BJ restricted stock units?
No, the 2,288 restricted stock units were granted at a price of $0.0000 per unit. This indicates they were awarded as part of director compensation rather than purchased in an open-market transaction.