BJ's Restaurants insider Kendra Miller amends Form 4 for option grant

Rhea-AI Filing Summary

Kendra D. Miller, EVP & General Counsel of BJ's Restaurants, was granted a non-qualified stock option covering 2,668 underlying common shares with an exercise price of $34.28. The transaction date is reported as 01/15/2025 and the option becomes exercisable on 01/15/2026. The option vests at 33.3% per year beginning January 15, 2026. The filing is an amendment correcting a typographical error in the previously reported number of derivative securities. The Form 4/A was signed on behalf of Ms. Miller by an attorney-in-fact, Jacob J. Guild, on 09/12/2025.

Positive

• Equity alignment: Grant of options aligns executive incentives with shareholder performance
• Corrected reporting: Amended Form 4/A fixes a typographical error, improving disclosure accuracy

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine equity compensation grant to a senior executive; amendment corrects a reporting typo, not a substantive change.

The reported non-qualified option for 2,668 shares at a $34.28 strike appears to be standard executive compensation aligning management incentives with shareholder value. Vesting is time-based at 33.3% per year starting one year after grant, consistent with multi-year retention practices. The amendment states it corrects a typographical error only, which suggests no change in economic terms or additional undisclosed transfers. For governance review, confirm award approval process and whether grant terms match peer program.

Compensation Analyst

TL;DR: Modest option award with time-based vesting; impact on dilution and expense is likely immaterial at reported size.

The option covers 2,668 shares and vests over three years (33.3% per year), exercisable beginning 01/15/2026, strike $34.28. At this quantity, the grant size is relatively small versus typical outstanding share counts for public restaurant companies and is unlikely to materially affect share count or EPS. The correction via Form 4/A addresses a reporting accuracy issue; no indication of additional financial terms changing.

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
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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^*

Miller Kendra D

(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)
	EVP & General Counsel

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	01/15/2025	Common Stock	2,668		2,668(1)(2)	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 Kendra D. Miller	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 transaction did BJRI insider Kendra D. Miller report on Form 4/A?

The report discloses a non-qualified stock option for 2,668 shares granted at a $34.28 exercise price, dated 01/15/2025.

When do Ms. Miller's options become exercisable and how do they vest?

The options are exercisable on 01/15/2026 and vest at 33.3% per year beginning January 15, 2026.

Why was an amended Form 4 (4/A) filed for this transaction?

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

Who signed the Form 4/A for Kendra D. Miller?

The form was signed by Jacob J. Guild, Attorney-in-Fact, on 09/12/2025.

What is the exercise price of the reported option on BJRI?

The exercise (conversion) price reported for the non-qualified stock option is $34.28.