BJ Form 4: William Werner Receives 41,392 Shares from 2021 PSU Award
Rhea-AI Filing Summary
Insider transaction disclosure: William C. Werner, Executive Vice President, Strategy & Development of BJ's Wholesale Club Holdings, Inc. (BJ), reported acquisition of 41,392 shares of BJ common stock on 09/24/2025 at no cash price as a result of achievement of a 2021 performance stock unit award. After the reported transaction, Mr. Werner beneficially owns 67,505 shares. The award will vest in two equal installments: one on September 27, 2025 and the other on the first anniversary of that date.
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Insights
TL;DR: A company officer received vested performance stock units totaling 41,392 shares, modestly increasing insider ownership.
The filing documents the vesting and delivery of performance stock units granted in 2021 after the performance condition was met. The shares were acquired with a transaction code indicating issuance on achievement of performance goals and were reported as acquired at $0, consistent with equity awards converting into common stock upon vesting. The immediate impact on share count or earnings per share is not provided in this filing; the disclosure is routine for executive compensation settlement.
TL;DR: Vesting of long-term incentive awards reflects compensation plan mechanics and alignment of an executive with shareholder interests.
The Form 4 shows an executive-level officer receiving vested PSUs that met performance conditions established in 2021. The filing includes the remaining beneficial ownership post-transaction and specifies the vesting schedule for the two equal installments. This is a standard disclosure under Section 16 and does not by itself indicate any change in governance or control.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,392 | $0.00 | $0.00 |
Footnotes (1)
- F1. Performance stock unit award granted in 2021, which has achieved the performance condition, and will vest with respect to 1/2 of the shares subject thereto on each of September 27, 2025, and the first anniversary of such date.
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