[Form 4] BJ's Wholesale Club Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

BJ's Wholesale Club Holdings insider sale reported on Form 4. The reporting person, Graham Luce (EVP, Secretary), sold 6,300 shares of BJ common stock on 09/17/2025 at a weighted-average price of $99.86 per share (sales ranged from $99.81 to $99.88). After the sale the reporting person beneficially owns 11,617 shares, held directly. The filer certified willingness to provide detailed breakdowns of shares sold at individual prices on request. The Form 4 was signed by an attorney-in-fact on 09/18/2025.

Positive

• Timely and complete disclosure of the non-derivative sale, including transaction date, weighted-average price range, and post-sale beneficial ownership
• Reporter provided willingness to supply detailed per-price sale breakdowns to the issuer, security holders, or SEC staff on request

Negative

• Insider sale of 6,300 shares at a weighted-average price of $99.86 reduced direct holdings to 11,617 shares
• No contextual information in the filing about the reason for the sale (e.g., rule 10b5-1 plan) preventing assessment of motive

Insights

Financial Analyst

TL;DR: An officer disclosed a routine stock sale reducing direct holdings to 11,617 shares; impact appears limited based on disclosed amounts.

The filing shows an individual insider sale of 6,300 shares at a weighted-average price of $99.86 on 09/17/2025. The disclosure is complete for the non-derivative transaction: quantity sold, price range, and post-transaction beneficial ownership are provided. There is no information in the filing about the reason for the sale, any planned transactions, or company-level material events. Given the absolute numbers disclosed, this appears to be a single-officer sale rather than a broad insider disposition that would clearly signal material corporate change.

Corporate Governance Expert

TL;DR: The Form 4 documents a timely officer sale and reduction in direct holdings, which raises governance transparency questions but shows regulatory compliance.

The report, filed and signed via attorney-in-fact the day after the transaction, includes required details: transaction date, codes, number of shares sold, weighted-average price and remaining beneficial ownership. From a governance perspective, the filing demonstrates procedural compliance. The filing does not provide context for the sale (e.g., pre-arranged plan), so stakeholders cannot assess whether the sale was routine or related to material nonpublic information based solely on this document.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Luce Graham

(Last) (First) (Middle)

C/O BJ'S WHOLESALE CLUB HOLDINGS, INC.

350 CAMPUS DRIVE

(Street)

MARLBOROUGH MA 01752

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BJ's Wholesale Club Holdings, Inc. [ BJ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Secretary

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/17/2025		S		6,300	D	$99.86(1)	11,617	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $99.81 to $99.88, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth in this footnote.

Remarks:

	/s/ Joseph McGrail, Attorney-in-Fact	09/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BJ (BJ) report on this Form 4?

The reporting person, Graham Luce (EVP, Secretary), sold 6,300 shares of BJ common stock on 09/17/2025 at a weighted-average price of $99.86 per share.

How many BJ shares does the reporting person own after the transaction?

After the reported sale the reporting person beneficially owns 11,617 shares, held directly.

What price range were the shares sold at in the BJ Form 4?

The footnote states the shares were sold in multiple transactions at prices ranging from $99.81 to $99.88 and the reported price is a weighted-average of $99.86.

When was the Form 4 for BJ filed and who signed it?

The Form 4 shows the transaction date 09/17/2025 and was signed by an attorney-in-fact (/s/ Joseph McGrail) on 09/18/2025.

Does the Form 4 state the reason for the insider sale of BJ shares?

No. The filing provides transaction details but does not state a reason (such as a pre-arranged trading plan) for the sale.