BJ's Restaurants (BJRI) EVP exercises options, shares withheld for taxes
Rhea-AI Filing Summary
BJ's Restaurants executive Gregory S. Lynds reported an insider stock transaction. On January 14, 2026, he exercised 4,065 non-qualified stock options at an exercise price of $42.41 per share, receiving the same number of common shares.
To cover the exercise price and minimum statutory withholding taxes, 3,916 common shares were withheld by the company at a price of $45.22 per share, rather than sold in the open market. After these transactions, Lynds directly beneficially owned 43,259 shares of common stock, which the disclosure states includes 4,409 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock | 4,065 | $0.00 | -- |
| Exercise | Common Stock | 4,065 | $42.41 | $172K |
| Tax Withholding | Common Stock | 3,916 | $45.22 | $177K |
Footnotes (1)
- Shares withheld by the Registrant to satisfy exercise price and minimum statutory withholding requirements on exercise of stock options. Amount includes 4,409 of unvested Restricted Stock Units.
FAQ
Who is the insider in this BJRI Form 4 filing and what is their role?
The insider is Gregory S. Lynds, who serves as EVP & Chief Development Officer of BJ's Restaurants, Inc. He is an officer but not a director or 10% owner according to the filing.
What stock option transaction did BJRI executive Gregory Lynds report?
On January 14, 2026, Gregory Lynds exercised 4,065 non-qualified stock options for BJ's Restaurants common stock at an exercise price of $42.41 per share, receiving 4,065 common shares.
What derivative security was involved in the BJRI Form 4 filing?
The derivative security was a non-qualified stock option on BJ's Restaurants common stock with an exercise price of $42.41 per share. All 4,065 options were exercised on January 14, 2026, leaving 0 derivative securities of that grant beneficially owned afterward.
Does this BJRI Form 4 indicate any indirect ownership or third-party entities?
No. The transactions are reported as direct ownership ("D") with no nature of indirect beneficial ownership listed, and the footnotes focus on tax and exercise withholding mechanics rather than separate entities.