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BJ's Restaurants (NASDAQ: BJRI) COO reports stock grant and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BJ's Restaurants executive Christopher P. Pinsak, EVP & Chief Operating Officer, received a grant of 2,202 shares of common stock on February 18, 2026 at no cash cost, reflecting equity-based compensation. On the same date, 832 shares were disposed of as shares withheld by the company to satisfy minimum statutory tax withholding on the vesting of restricted stock units at a value of $42.71 per share, rather than through an open-market sale. After these transactions, Pinsak directly held 17,144 shares of common stock, which the disclosure states includes 5,899 unvested restricted stock units.

Positive

  • None.

Negative

  • None.

Insights

Routine equity grant with shares withheld for taxes; net effect is administrative.

Christopher P. Pinsak, EVP & Chief Operating Officer of BJ's Restaurants, reported a grant of 2,202 common shares as equity compensation, paired with a 832-share tax-withholding disposition tied to restricted stock unit vesting. The grant was recorded at a price of $0.00 per share, a standard accounting treatment for awards.

The disposition used a value of $42.71 per share and, according to the disclosure, represents shares withheld by the company to cover minimum statutory tax obligations, not an open-market sale. Following these steps, he directly owned 17,144 common shares, including 5,899 unvested restricted stock units.

This pattern is typical of executive equity programs, where awards are granted and a portion is automatically withheld to cover taxes. The information describes administrative adjustments to holdings rather than discretionary buying or selling activity.

Insider Pinsak Christopher P
Role EVP & Chief Operating Officer
Type Security Shares Price Value
Grant/Award Common Stock 2,202 $0.00 --
Tax Withholding Common Stock 832 $42.71 $36K
Holdings After Transaction: Common Stock — 17,976 shares (Direct)
Footnotes (1)
  1. Shares withheld by the Registrant to satisfy minimum statutory withholding requirements on vesting of Restricted Stock Units. Amount includes 5,899 of unvested Restricted Stock Units.
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*
Pinsak Christopher P
(Last) (First) (Middle)
7755 CENTER AVE
SUITE 300
(Street)
HUNTINGTON BEACH CA 92647
(City) (State) (Zip)
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 Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/18/2026 A 2,202 A $0 17,976 D
Common Stock 02/18/2026 F 832(1) D $42.71 17,144(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
Explanation of Responses:
1. Shares withheld by the Registrant to satisfy minimum statutory withholding requirements on vesting of Restricted Stock Units.
2. Amount includes 5,899 of unvested Restricted Stock Units.
/s/ Rana Schirmer, Attorney-in-Fact 02/19/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did BJRI executive Christopher Pinsak report?

Christopher Pinsak reported a grant of 2,202 BJ's Restaurants common shares and a 832-share tax-withholding disposition. The withheld shares satisfied minimum statutory tax requirements on restricted stock unit vesting, leaving him with 17,144 directly owned shares, including 5,899 unvested restricted stock units.

How many BJRI shares does Christopher Pinsak own after this Form 4?

After these transactions, Christopher Pinsak directly holds 17,144 BJ's Restaurants common shares. The disclosure notes this amount includes 5,899 unvested restricted stock units, reflecting both vested and unvested equity interests tied to his executive compensation package.

Was the BJRI insider transaction an open-market stock sale?

No, the 832-share disposition was not an open-market sale. Shares were withheld by BJ's Restaurants to meet minimum statutory tax withholding obligations on restricted stock unit vesting, using a reference value of $42.71 per share, rather than being sold on the open market.

What does the 2,202-share BJRI grant to Christopher Pinsak represent?

The 2,202-share grant to Christopher Pinsak represents an equity award of BJ's Restaurants common stock. It was recorded at $0.00 per share, indicating a compensation grant rather than a purchase, and forms part of his executive incentive and retention structure.

How are restricted stock units reflected in Christopher Pinsak’s BJRI holdings?

Christopher Pinsak’s reported 17,144 BJ's Restaurants shares include 5,899 unvested restricted stock units. These RSUs represent promised future shares that vest over time, contributing to his total reported beneficial ownership even though they are not yet fully vested.