BJ's Restaurants (NASDAQ: BJRI) director granted 2,955 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sherlock Janet reported acquisition or exercise transactions in this Form 4 filing.
BJ's Restaurants director Janet Sherlock received an equity compensation grant of 2,955 Restricted Stock Units on June 18, 2026. These RSUs vest in one equal installment on June 18, 2027, with each unit representing a right to receive one share of common stock. After this grant, she holds 26,199 shares directly, including the 2,955 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sherlock Janet
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,955 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,199 shares (Direct)
Footnotes (1)
- These shares represent a Restricted Stock Unit award vesting in one equal installment on June 18, 2027. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock. Amount includes 2,955 of unvested Restricted Stock Units.
Key Figures
RSU grant size: 2,955 units
Vesting date: June 18, 2027
Post-grant holdings: 26,199 shares
+1 more
4 metrics
RSU grant size
2,955 units
Restricted Stock Units awarded June 18, 2026
Vesting date
June 18, 2027
RSUs vest in one equal installment
Post-grant holdings
26,199 shares
Total common stock held directly after transaction
Grant price per share
$0.00
Compensation award, not market purchase
Key Terms
Restricted Stock Unit, contingent right, unvested Restricted Stock Units, Grant, award, or other acquisition
4 terms
Restricted Stock Unit financial
"These shares represent a Restricted Stock Unit award vesting in one equal installment on June 18, 2027."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock."
unvested Restricted Stock Units financial
"Amount includes 2,955 of unvested Restricted Stock Units."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did BJRI director Janet Sherlock report on this Form 4?
Janet Sherlock reported receiving 2,955 Restricted Stock Units in BJ's Restaurants common stock as an equity award. The grant is recorded at a price of $0.00 per share, reflecting compensation rather than a market purchase, and increases her total direct holdings.
When do Janet Sherlock’s BJRI Restricted Stock Units from this award vest?
The 2,955 Restricted Stock Units vest in one equal installment on June 18, 2027. Vesting means she will then receive one share of BJ's Restaurants common stock for each unit, assuming continued satisfaction of applicable service conditions through that date.
Was Janet Sherlock’s BJRI Form 4 transaction a market buy or sell?
The transaction was a grant or award acquisition of 2,955 Restricted Stock Units, not an open-market buy or sell. The Form 4 shows a transaction price of $0.00 per share, indicating compensation-based equity rather than a purchase or sale in the market.
What does each BJRI Restricted Stock Unit in this filing represent?
Each Restricted Stock Unit represents a contingent right to receive one share of BJ's Restaurants common stock. The award vests in a single installment on June 18, 2027, at which point vested units convert into actual shares if the vesting conditions are met.