[144] BJ's Restaurants, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for BJ's Restaurants, Inc. (BJRI) indicates a proposed sale of 1,719 common shares through Morgan Stanley Smith Barney on the NASDAQ with an aggregate market value of $60,155.72 and the issuer's outstanding shares listed as 22,124,179. The proposed approximate sale date is 08/15/2025. The filing shows the shares were acquired as 238 restricted stock on 09/09/2020 and 1,481 performance shares on 02/14/2024. The filer reports no securities sold in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and warns against intentional misstatements.

Insights

Securities Analyst

TL;DR Proposed sale of 1,719 shares (~$60k) by an insider via Morgan Stanley; size appears immaterial relative to outstanding shares.

The notice documents a routine Rule 144 sale submission for 1,719 common shares with an aggregate market value of $60,155.72 and an issuer outstanding share count of 22,124,179. Acquisition details show a mix of restricted stock and performance shares awarded in 2020 and 2024, which explains transferability under Rule 144. There are no reported sales in the prior three months, and the filer affirms no undisclosed material adverse information. From a securities perspective, the filing is a standard disclosure of intent to sell and does not, by itself, convey new operational or financial information about the issuer.

Corporate Governance Expert

TL;DR Insider disclosure complies with Rule 144 formalities; transaction size is small and routine from a governance standpoint.

The form lists the broker, sale date, and acquisition history required for compliance. The mix of restricted and performance-based awards indicates typical executive compensation vesting and subsequent transferability. The signed representation regarding material information and the explicit broker identification reflect standard governance and disclosure practices. There is no indication of unusual disclosure, clustering of sales, or aggregated sales that would raise immediate governance concerns based on the data provided.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1719	60155.72	22124179	08/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/09/2020	Restricted Stock	Issuer			238	09/09/2020	Not Applicable
Common	02/14/2024	Performance Shares	Issuer			1481	02/14/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What is the total number of shares the filer intends to sell in the BJRI Form 144?

The filer intends to sell 1,719 common shares.

What is the aggregate market value of the proposed BJRI sale?

The aggregate market value is reported as $60,155.72.

When is the approximate sale date listed on the BJRI Form 144?

The approximate date of sale is 08/15/2025.

Through which broker will the BJRI shares be sold?

The sale is to be executed through Morgan Stanley Smith Barney LLC.

What were the acquisition dates and types for the BJRI shares being sold?

The filing shows 238 restricted shares acquired on 09/09/2020 and 1,481 performance shares acquired on 02/14/2024.