BJ's Restaurants EVP sells 7,419 shares at $48.56

BJ's Restaurants EVP & General Counsel Kendra D. Miller exercised stock options and sold shares of common stock.

Rhea-AI Filing Summary

BJ's Restaurants EVP & General Counsel Kendra D. Miller exercised stock options and sold shares of common stock. She exercised options for a total of 7,419 shares at strike prices of $37.70 and $35.95 per share, converting them into common stock. On the same date, she completed an open-market sale of 7,419 common shares at a weighted average price of $48.56 per share. Following these transactions, she directly owns 28,599 common shares, which the disclosure notes includes 5,326 unvested Restricted Stock Units.

Insights

Equity compensation and insider-transactions analyst

EVP exercised options and sold an equivalent number of shares, a typical liquidity transaction.

The reporting officer of BJ's Restaurants exercised stock options for 7,419 common shares at strike prices of $37.70 and $35.95, then sold 7,419 shares at a weighted average of $48.56. This is a classic exercise-and-sell pattern that turns option value into cash.

After the transactions, she directly holds 28,599 common shares, including 5,326 unvested Restricted Stock Units, so she maintains a meaningful ongoing equity stake. There is no indication of remaining derivative positions in this filing, suggesting these particular options were fully exercised.

Insider Trade Summary

Exercise and Sale: 7,419 shares ($85K approx. pre-tax spread)

Exercise and Sale 5 txns

Insider Miller Kendra D

Role EVP & General Counsel

Sold 7,419 shs ($360K)

Approx. gross sale proceeds $360K

Approx. exercise cost $275K

Approx. pre-tax spread $85K

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock	2,768	$0.00	$0.00
Exercise	Non-Qualified Common Stock	4,651	$0.00	$0.00
Exercise	Common Stock	2,768	$35.95	$100K
Exercise	Common Stock	4,651	$37.70	$175K
Sale	Common Stock	7,419	$48.56	$360K

Holdings After Transaction: Non-Qualified Stock — 0 contracts (Direct); Non-Qualified Common Stock — 0 contracts (Direct); Common Stock — 28,599 shares (Direct)

Footnotes (2)

1. F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $48.50 to $48.61, 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. F2. Amount includes 5,326 of unvested Restricted Stock Units.

Key Figures

Shares sold: 7,419 shares Sale price: $48.56 per share Options exercised (strike $37.70): 4,651 shares +4 more

7 metrics

Shares sold 7,419 shares Open-market sale at weighted average price

Sale price $48.56 per share Weighted average sale price for common stock

Options exercised (strike $37.70) 4,651 shares Non-qualified stock options exercised into common stock

Options exercised (strike $35.95) 2,768 shares Non-qualified stock options exercised into common stock

Shares held after transactions 28,599 shares Direct common stock ownership following reported trades

Unvested RSUs included 5,326 units Unvested Restricted Stock Units included in reported holdings

Options exercised total 7,419 shares Total shares from derivative exercises in this filing

Key Terms

weighted average price, Restricted Stock Units, Non-Qualified Common Stock, derivative security

4 terms

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.

Restricted Stock Units financial

"Amount includes 5,326 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.

Non-Qualified Common Stock financial

"security_title": "Non-Qualified Common Stock""

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/11/2026 - 04:30 PM Learn about SEC filing dates

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^*

Miller Kendra D

(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 & General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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	06/10/2026		M		2,768	A	$35.95	31,367	D
Common Stock	06/10/2026		M		4,651	A	$37.7	36,018	D
Common Stock	06/10/2026		S		7,419	D	$48.56(1)	28,599(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	06/10/2026		M			2,768	01/15/2018	01/15/2027	Common Stock	2,768	$0	0	D
Non-Qualified Common Stock	$37.7	06/10/2026		M			4,651	01/15/2019	01/15/2028	Common Stock	4,651	$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 $48.50 to $48.61, 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 5,326 of unvested Restricted Stock Units.

	/s/ Rana Schirmer, Attorney-in-Fact	06/11/2026
	** 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)