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BJ's Restaurants Insider Amendment Corrects 2,668-Option Report

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Christopher P. Pinsak, Senior VP Operations of BJ's Restaurants, reported an amended Form 4 showing a grant of 2,668 non-qualified stock options exercisable at $34.28 per share. The options become exercisable beginning 01/15/2026 and expire 01/15/2035. The filing explains the options vest at 33.3% per year beginning on 01/15/2026 and that this amendment corrects a minor typographical error in the previously reported number of derivative securities. The ownership is reported as direct for the named individual.

Positive

  • The amendment corrects a typographical error, clarifying the exact number of derivative securities reported.
  • The options include a multi-year vesting schedule (33.3% per year starting 01/15/2026), which aligns incentives with continued service.

Negative

  • None.

Insights

TL;DR: Routine executive option grant corrected for a reporting typo; aligns with retention incentives but appears immaterial to shareholders.

The amendment clarifies the exact number of options outstanding for an executive officer, improving transparency in insider disclosure. The vesting schedule—33.3% per year beginning in 2026—ties realization to continued service, which is a standard retention mechanism. There is no indication in this filing of accelerated vesting, cash proceeds, or unusual terms beyond a typical ten-year term and a fixed exercise price of $34.28.

TL;DR: A modest-size option award with multi-year vesting and a fixed exercise price; appears to be standard equity compensation practice.

The reported 2,668 non-qualified stock options carry an exercise price of $34.28 and a ten-year contractual window to exercise, with vesting beginning 01/15/2026 at 33.3% per year. These features are consistent with common long-term incentive design focused on retention and potential alignment with shareholder value creation. The amendment corrects a typographical error, which improves the accuracy of disclosed executive holdings.

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*
Pinsak Christopher P

(Last) (First) (Middle)
7755 CENTER AVE
SUITE 300

(Street)
HUNTINGTON BEACH CA 92647

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BJs RESTAURANTS INC [ BJRI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior VP Operations
3. Date of Earliest Transaction (Month/Day/Year)
01/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
01/16/2025
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
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
Non-Qualified Stock Option $34.28 01/15/2026 01/15/2035 Common Stock 2,668(1)(2) 2,668 D
Explanation of Responses:
1. These stock options vest 33.3% per year beginning on January 15, 2026.
2. This Form 4/A is being filed to correct a minor typographical error in the number of derivative securities previously reported.
/s/ Jacob J. Guild, Attorney-in-Fact for Christopher P. Pinsak 09/12/2025
** 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 did Christopher P. Pinsak disclose on the amended Form 4 for BJRI?

He disclosed ownership of 2,668 non-qualified stock options with an exercise price of $34.28, exercisable beginning 01/15/2026 and expiring 01/15/2035.

What is the vesting schedule for the options reported by BJRI insider Christopher P. Pinsak?

The options vest at 33.3% per year beginning on 01/15/2026 as stated in the filing.

Does the Form 4/A indicate whether the options are direct or indirect ownership?

Yes, the filing reports the ownership form as Direct for the 2,668 options.

Why was an amended Form 4 filed for BJRI insider activity?

The amendment was filed to correct a minor typographical error in the previously reported number of derivative securities.

What is the exercise price and expiration date of the options reported for BJRI insider?

The exercise price is $34.28 and the expiration date is 01/15/2035.
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United States
HUNTINGTON BEACH