BJ’s Restaurants (BJRI) director granted 2,955 Restricted Stock Units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Richmond C Bradford reported acquisition or exercise transactions in this Form 4 filing.
BJs RESTAURANTS INC director Bradford C. Richmond reported a compensation-related equity grant. He received 2,955 Restricted Stock Units (RSUs) of common stock, recorded at no cash price per share. After this award, his directly held position is 37,702 common shares.
The RSU award vests in a single installment on June 18, 2027. Each RSU represents a contingent right to receive one share of BJ’s Restaurants common stock, so the actual shares will be delivered only if the vesting conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Richmond C Bradford
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,955 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,702 shares (Direct, null)
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
Grant price per share: $0.00 per share
Post-award holdings: 37,702 shares
+1 more
4 metrics
RSU grant size
2,955 units
Restricted Stock Units awarded to director on June 18, 2026
Grant price per share
$0.00 per share
Reported price for RSU award, compensation not purchase
Post-award holdings
37,702 shares
Total common shares reported following the transaction
Vesting date
June 18, 2027
RSU award vests in one installment on this date
Key Terms
Restricted Stock Unit, contingent right, Form 4, 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."
Form 4 regulatory
"Form 4 insider data shows a grant, award, or other acquisition."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition."
FAQ
What insider transaction did BJRI director Bradford Richmond report?
Bradford C. Richmond reported receiving 2,955 Restricted Stock Units as an equity award. These RSUs are a form of stock-based compensation that convert into common shares if vesting conditions are satisfied, rather than an open‑market stock purchase.
When do Bradford Richmond’s 2,955 BJRI Restricted Stock Units vest?
The 2,955 Restricted Stock Units vest in one equal installment on June 18, 2027. On that date, assuming conditions are met, each RSU will convert into one share of BJ’s Restaurants common stock, increasing his actual share ownership.
Was cash paid for the 2,955 BJRI Restricted Stock Units granted to Bradford Richmond?
No cash was paid for these 2,955 Restricted Stock Units, which were granted at a reported price of $0.00 per share. The award represents stock-based compensation rather than a market transaction where the director bought shares in the open market.