BJ's Restaurants (NASDAQ: BJRI) CEO gets RSU award, shares withheld for taxes
Rhea-AI Filing Summary
BJ's Restaurants CEO Tick Lyle reported equity compensation activity in common stock on January 15, 2026. The filing shows 480 shares were withheld by the company at $45.5 per share to cover minimum statutory taxes upon vesting of restricted stock units. On the same date, Lyle received a new award of 17,583 restricted stock units at $0 per unit, which will vest in three equal annual installments beginning on January 15, 2027. After these transactions, Lyle beneficially owned 32,872 shares of common stock, including 30,305 unvested restricted stock units, reflecting ongoing stock-based compensation rather than an open-market sale.
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FAQ
What insider transactions did BJRI CEO Tick Lyle report on January 15, 2026?
Tick Lyle reported two transactions in BJ's Restaurants common stock on January 15, 2026: the withholding of 480 shares at $45.5 per share to cover taxes on vested restricted stock units, and the receipt of a new award of 17,583 restricted stock units at $0 per unit.
Did the BJRI CEO sell shares in the open market in this Form 4?
The Form 4 indicates 480 shares were withheld by the company to satisfy minimum statutory tax withholding on vesting of restricted stock units. This is characterized as tax withholding by the registrant, not an open-market discretionary sale.
What are the terms of the 17,583 restricted stock units granted to the BJRI CEO?
The 17,583 restricted stock units granted to Tick Lyle vest in three equal annual installments beginning on January 15, 2027. Each restricted stock unit represents a contingent right to receive one share of BJ's Restaurants common stock.
How many BJRI shares does CEO Tick Lyle beneficially own after these transactions?
Following the reported transactions, Tick Lyle beneficially owned 32,872 shares of BJ's Restaurants common stock, which the disclosure notes includes 30,305 unvested restricted stock units.
What is transaction code F in the BJRI CEO’s Form 4?
In this Form 4, transaction code F refers to 480 shares withheld by the registrant to satisfy minimum statutory withholding requirements upon the vesting of restricted stock units, rather than a typical share sale on the market.
Is the BJRI CEO’s ownership reported as direct or indirect in this Form 4?
The Form 4 reports Tick Lyle’s holdings and the related transactions in BJ's Restaurants common stock as direct ownership (D), with no separate entity or indirect ownership structure indicated in the excerpt.