Director Christopher Peterson (NYSE: BJ) awarded 2,288 deferred RSUs
Rhea-AI Filing Summary
BJ's Wholesale Club Holdings, Inc. director Christopher H. Peterson reported an equity compensation grant. He acquired 2,288 shares of common stock at an effective price of $0.00 per share as a restricted stock unit award. After this grant, his direct holdings total 26,413 shares.
The RSUs will 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 date. Peterson has elected to defer settlement of the RSUs until his termination of service as a director, meaning he will not receive the underlying shares until he leaves the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,288 shares
Net Buy
1 txn
Insider
Peterson Christopher H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,288 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 26,413 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 shares
Grant price: $0.00 per share
Shares after transaction: 26,413 shares
3 metrics
RSU grant size
2,288 shares
Restricted stock unit award on June 18, 2026
Grant price
$0.00 per share
Equity compensation grant, not an open-market purchase
Shares after transaction
26,413 shares
Director’s direct holdings following the RSU grant
Key Terms
Restricted stock unit award ("RSUs"), vest, termination of service as a director
3 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.
termination of service as a director financial
"defer the settlement of the RSUs 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) director Christopher Peterson report on this Form 4?
Christopher H. Peterson reported receiving a grant of 2,288 restricted stock units representing common stock of BJ's Wholesale Club. The award is a form of equity compensation and increased his direct holdings to 26,413 shares after the transaction reported on June 18, 2026.
When do Christopher Peterson’s BJ restricted stock units vest?
The restricted stock units vest on the earlier of the first anniversary of the June 18, 2026 grant date or the day immediately preceding the first annual shareholders’ meeting following that date. This structure ties vesting to both time in service and the company’s annual meeting schedule.
Has Christopher Peterson deferred settlement of his BJ restricted stock units?
Yes. Christopher H. Peterson elected to defer settlement of his restricted stock units until his termination of service as a director. This means he will not receive the underlying BJ shares until he leaves the board, extending his exposure to the company’s long-term performance.