BJRI Insider Files Form 144 to Sell 4,116 Shares via Morgan Stanley

Rhea-AI Filing Summary

BJ's Restaurants, Inc. (BJRI) filed a Form 144 reporting a proposed sale of 4,116 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $145,541.76. The filing shows 22,124,179 shares outstanding and an approximate sale date of 08/19/2025. The securities were acquired as restricted stock (2,738 shares on 01/15/2016) and performance shares (1,378 shares on 02/19/2020). The filer reports no sales in the past three months and signs the required representation about absence of undisclosed material information.

Positive

• Full transactional detail provided for the proposed sale including broker, share count, aggregate value, and approximate sale date
• Acquisition history is disclosed showing dates and grant types (restricted stock and performance shares)
• No sales in past three months reported, clarifying recent insider activity

Negative

• Filer and issuer identification fields are not included in the provided excerpt, limiting traceability
• No information on whether a trading plan (e.g., Rule 10b5-1) governs the sale is shown in the extract

Insights

Securities Analyst

TL;DR: Routine Section 144 notice for an insider sale via a broker; size appears modest versus total shares outstanding.

The filing documents a proposed sale of 4,116 common shares valued at $145,541.76 to be executed by Morgan Stanley Smith Barney LLC on or about 08/19/2025. Acquisition history is provided: restricted stock granted 01/15/2016 (2,738 shares) and performance shares issued 02/19/2020 (1,378 shares). The filer reports no other sales in the prior three months and includes the standard attestation regarding undisclosed material information. For investors, this is a transparent, routine disclosure of a planned insider sale.

Compliance/Risk Analyst

TL;DR: Filing meets Rule 144 disclosure elements but omits identifiable filer details in the presented extract.

The Form 144 entry includes broker details, security class, share counts, acquisition dates and nature of grant, and the statutory signature attestation. The extract shows certain issuer and filer identification fields blank or not included in the provided content. No sales in the past three months are reported. From a compliance perspective, the document contains the core transactional disclosures required by Rule 144, though the redacted or missing identity fields in this excerpt limit full verification.

08/19/2025 - 05:51 PM

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	4116	145541.76	22124179	08/19/2025	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	01/15/2016	Restricted Stock	Issuer			2738	01/15/2016	Not Applicable
Common	02/19/2020	Performance Shares	Issuer			1378	02/19/2020	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 does BJRI's Form 144 report?

The filing reports a proposed sale of 4,116 common shares through Morgan Stanley Smith Barney LLC, valued at $145,541.76, with an approximate sale date of 08/19/2025.

How many shares outstanding does BJ's list in the filing?

The filing shows 22,124,179 shares outstanding.

What type of shares are being sold according to the Form 144?

The securities listed are Common stock, comprised of restricted stock (2,738 shares acquired 01/15/2016) and performance shares (1,378 shares acquired 02/19/2020).

Did the filer sell any BJRI shares in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed sale for BJRI shares?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.