BJ's Restaurants Inc. (BJRI) EVP sells 13,195 shares after option exercise
Rhea-AI Filing Summary
BJ's Restaurants Inc. executive vice president and general counsel Kendra D. Miller exercised options covering 10,217 shares of common stock on August 6, 2026 at strike prices of $53.22, $46.91 and $34.28 per share, receiving the same number of shares.
That day she sold 10,217 shares at a weighted average price of $69.31, with trades between $69.30 and $69.37, and on August 7, 2026 she sold a further 2,978 shares at $69.80 per share. A reported share figure includes 5,326 unvested restricted stock units.
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Miller Kendra D
Role
EVP & General Counsel
Sold
13,195 shs ($916K)
Approx. gross sale proceeds
$916K
Approx. exercise cost
$498K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 2,978 | $69.80 | $208K |
| Exercise | Non-Qualified Stock | 4,771 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock | 4,556 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock | 890 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,771 | $53.22 | $254K |
| Exercise | Common Stock | 4,556 | $46.91 | $214K |
| Exercise | Common Stock | 890 | $34.28 | $31K |
| Sale | Common Stock F1 | 10,217 | $69.31 | $708K |
Holdings After Transaction:
Non-Qualified Stock — 0 shares (Direct);
Common Stock — 25,621 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $69.30 to $69.37, 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.
- F2. Amount includes 5,326 of unvested Restricted Stock Units.
Key Figures
Total shares sold: 13,195 shares of Common Stock
Shares sold August 6, 2026: 10,217 shares of Common Stock
Shares sold August 7, 2026: 2,978 shares of Common Stock
+2 more
5 metrics
Total shares sold
13,195 shares of Common Stock
Aggregate of reported sales on August 6–7, 2026
Shares sold August 6, 2026
10,217 shares of Common Stock
Sale at weighted average price of $69.31, with trades between $69.30 and $69.37
Shares sold August 7, 2026
2,978 shares of Common Stock
Open-market or private sale at $69.80 per share
Options exercised
10,217 shares underlying Non-Qualified Stock
Options exercised August 6, 2026 at strike prices of $53.22, $46.91 and $34.28 per share
Unvested Restricted Stock Units
5,326 Restricted Stock Units
Footnote notes this amount is included within a reported post-transaction common stock figure
Key Terms
Non-Qualified Stock, Restricted Stock Units, weighted average price
3 terms
Non-Qualified Stock financial
"Security title listed as Non-Qualified Stock in the derivative option transactions"
Restricted Stock Units financial
"Footnote states that the 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.
weighted average price financial
"Footnote explains the reported price is a weighted average price over multiple trades"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did BJRI executive Kendra D. Miller report?
Kendra D. Miller reported exercising options for 10,217 BJ's Restaurants shares on August 6, 2026 and receiving common stock, then selling 10,217 shares that day and an additional 2,978 shares on August 7, 2026 in open-market transactions.
What BJRI stock options did Kendra D. Miller exercise in this Form 4?
She exercised non-qualified stock options covering 10,217 shares of BJ's Restaurants common stock on August 6, 2026 at strike prices of $53.22, $46.91 and $34.28 per share, receiving the same number of common shares upon exercise.
Were Kendra D. Miller’s BJRI trades reported under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as an affirmative trading plan, and no footnote describes a Rule 10b5-1 arrangement, so the transactions are not reported as occurring under a pre-arranged trading plan.
Does Kendra D. Miller still hold unvested equity awards in BJRI?
A filing footnote states that a reported post-transaction common stock amount includes 5,326 unvested Restricted Stock Units. While the total share holding is not detailed here, this confirms an ongoing unvested RSU position for Miller.