BJ's Restaurants (NASDAQ: BJRI) EVP exercises options and sells 5,537 shares

Rhea-AI Filing Summary

BJ's Restaurants EVP & Chief Development Officer Gregory S. Lynds reported an option exercise and matching share sale in company stock. He exercised options for 5,537 shares of Common Stock at $35.95 per share, then sold 5,537 shares in open-market transactions at a weighted average price of $50.76, with individual sale prices ranging from $50.75 to $50.76. Following these transactions, he holds 46,474 Common Stock shares directly, which the disclosure states includes 4,667 unvested Restricted Stock Units. The exercised non-qualified stock options, originally granted with a $35.95 exercise price, had an expiration date in January 2027, so this filing reflects a routine exercise-and-sell pattern while maintaining a substantial remaining equity stake.

Insights

Equity compensation analyst

Routine option exercise and sale, position remains sizable.

Gregory S. Lynds exercised non-qualified stock options for 5,537 shares at an exercise price of $35.95, then sold the same number of shares at a weighted average of $50.76. This is a classic exercise-and-sell pattern.

After the transactions, he directly holds 46,474 Common Stock shares, including 4,667 unvested Restricted Stock Units. With 0 remaining derivative securities listed in this filing, his exposure is now concentrated in outright share ownership rather than options.

The sale size is modest relative to his reported holdings, suggesting routine liquidity rather than a large change in stance. Future company filings for periods after June 11, 2026 may show whether additional option exercises or sales occur as other grants approach expiration.

Insider Trade Summary

Net Seller: 5,537 shares ($281,058)

Net Sell 3 txns

Insider Lynds Gregory S

Role EVP & Chief Dev. Officer

Sold 5,537 shs ($281K)

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock	5,537	$0.00	--
Exercise	Common Stock	5,537	$35.95	$199K
Sale	Common Stock	5,537	$50.76	$281K

Holdings After Transaction: Non-Qualified Stock — 0 shares (Direct, null); Common Stock — 52,011 shares (Direct, null)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $50.75 to $50.76, inclusive. The reporting person undertakes to provide to BJ's Restaurants, Inc., any security holder of BJ's Restaurants, Inc., or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Amount includes 4,667 of unvested Restricted Stock Units.

Key Figures

Shares sold: 5,537 shares Sale price (weighted avg.): $50.76 per share Option exercise price: $35.95 per share +3 more

6 metrics

Shares sold 5,537 shares Common Stock sold in open market on June 11, 2026

Sale price (weighted avg.) $50.76 per share Weighted average sale price, trades between $50.75 and $50.76

Option exercise price $35.95 per share Non-qualified stock option exercise into 5,537 Common shares

Shares owned after transactions 46,474 shares Direct Common Stock holdings following June 11, 2026 transactions

Unvested RSUs included 4,667 units Unvested Restricted Stock Units included in 46,474-share total

Option expiration date January 15, 2027 Expiration of exercised non-qualified stock option grant

Key Terms

Non-Qualified Stock, Restricted Stock Units, weighted average price, derivative exercise/conversion

4 terms

Non-Qualified Stock financial

"security_title: "Non-Qualified Stock" with underlying Common Stock shares"

Restricted Stock Units financial

"Amount includes 4,667 of unvested Restricted Stock Units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

derivative exercise/conversion financial

"transaction_action: "derivative exercise/conversion" for option transactions"

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Form 4 Insider Transactions: What Each Field Means →

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lynds Gregory S

(Last) (First) (Middle)

7755 CENTER AVENUE

SUITE 300

(Street)

HUNTINGTON BEACH CALIFORNIA 92647

(City) (State) (Zip)

UNITED STATES

(Country)

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 & Chief Dev. Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	06/11/2026		M		5,537	A	$35.95	52,011	D
Common Stock	06/11/2026		S		5,537	D	$50.76(1)	46,474(2)	D

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	$35.95	06/11/2026		M			5,537	01/15/2018	01/15/2027	Common Stock	5,537	$0	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $50.75 to $50.76, inclusive. The reporting person undertakes to provide to BJ's Restaurants, Inc., any security holder of BJ's Restaurants, Inc., or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

2. Amount includes 4,667 of unvested Restricted Stock Units.

	/s/ Rana Schirmer, Attorney-in-Fact	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did BJRI executive Gregory S. Lynds report in this Form 4?

Gregory S. Lynds reported exercising options for 5,537 BJRI Common Stock shares at $35.95, then selling 5,537 shares at a weighted average $50.76. After these transactions, he directly holds 46,474 shares, including 4,667 unvested Restricted Stock Units.

How many BJRI shares did Gregory S. Lynds sell and at what price?

He sold 5,537 BJRI Common Stock shares in open-market trades at a weighted average price of $50.76 per share. Individual sales occurred between $50.75 and $50.76, according to the weighted-average pricing footnote in the disclosure.

What options did Gregory S. Lynds exercise in BJRI stock?

He exercised non-qualified stock options covering 5,537 BJRI Common Stock shares at an exercise price of $35.95 per share. These options were scheduled to expire on January 15, 2027, so the transaction reflects using part of an existing equity award.

How many BJRI shares does Gregory S. Lynds own after these transactions?

Following the option exercise and share sale, he directly owns 46,474 BJRI Common Stock shares. The filing notes this figure includes 4,667 unvested Restricted Stock Units, which are share-based awards that have not yet fully vested into unrestricted stock.

What does the weighted average price mean in Gregory S. Lynds’ BJRI sale?

The weighted average price of $50.76 means his 5,537 sold shares were executed across multiple trades between $50.75 and $50.76. The average reflects the total sale proceeds divided by total shares sold over that small price range disclosed in the footnote.

Does Gregory S. Lynds still have BJRI stock-based awards after this Form 4?

Yes. His reported 46,474 BJRI shares include 4,667 unvested Restricted Stock Units. The derivative summary in this filing shows zero remaining non-qualified stock option balance from the exercised grant, shifting his exposure more toward direct share and RSU ownership.