BJ's Restaurants director exercises options, sells shares
BJ's Restaurants director Lea Anne Ottinger reported a mix of equity compensation and routine trading.
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Form Type
4
Rhea-AI Filing Summary
BJ's Restaurants director Lea Anne Ottinger reported a mix of equity compensation and routine trading. She received a grant of 4,433 Restricted Stock Units vesting in one installment on June 18, 2027, each representing one share of common stock. She also exercised 4,153 non-qualified stock options at $35.95 per share and sold 2,792 common shares in an open-market transaction at $53.50 per share. After these transactions, she directly holds 39,701 shares of common stock, and this amount includes 4,433 unvested Restricted Stock Units.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Ottinger Lea Anne
Role
Director
Sold
2,792 shs ($149K)
Approx. gross sale proceeds
$149K
Approx. exercise cost
$149K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock | 4,153 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,153 | $35.95 | $149K |
| Sale | Common Stock | 2,792 | $53.50 | $149K |
| Grant/Award | Common Stock | 4,433 | $0.00 | $0.00 |
Holdings After Transaction:
Non-Qualified Stock — 0 contracts (Direct);
Common Stock — 44,134 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Amount includes 4,433 of unvested Restricted Stock Units.
Key Figures
RSU award: 4,433 units
Shares sold: 2,792 shares at $53.50
Options exercised: 4,153 shares at $35.95
+3 more
6 metrics
RSU award
4,433 units
Restricted Stock Units vesting June 18, 2027
Shares sold
2,792 shares at $53.50
Open-market sale on June 18, 2026
Options exercised
4,153 shares at $35.95
Non-qualified stock options exercised
Shares owned after
39,701 shares
Direct common stock holdings after transactions
Option grant expiration
January 15, 2027
Non-qualified stock option expiration date
Net share change
-2,792 shares
Net shares sold vs. bought in this filing
Key Terms
Restricted Stock Unit, Non-Qualified Stock, open-market sale, derivative security, +1 more
5 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.
Non-Qualified Stock financial
"security_title: "Non-Qualified Stock" in the derivative option entry."
open-market sale financial
"transaction_code_description: "Sale in open market or private transaction"."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security"."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Restricted Stock Units financial
"Amount includes 4,433 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BJRI director Lea Anne Ottinger report on June 18, 2026?
Lea Anne Ottinger reported a mix of equity award, option exercise, and share sale. She received 4,433 Restricted Stock Units, exercised 4,153 non-qualified stock options, and sold 2,792 common shares in an open-market transaction on June 18, 2026.
What stock awards did Lea Anne Ottinger receive from BJRI in this Form 4 filing?
She received a Restricted Stock Unit award covering 4,433 units that vest in one equal installment on June 18, 2027. Each Restricted Stock Unit represents a contingent right to receive one share of BJ's Restaurants common stock when it vests.
What option exercise did Lea Anne Ottinger report for BJRI stock?
She exercised 4,153 non-qualified stock options for BJ's Restaurants common stock at an exercise price of $35.95 per share. These options, originally granted with an expiration date of January 15, 2027, resulted in acquiring the same number of common shares.
Are Lea Anne Ottinger’s BJRI transactions mainly purchases or sales in this filing?
The filing shows a mixed activity pattern, with both acquisitions and a sale. She acquired shares through an option exercise and a Restricted Stock Unit award, while also selling 2,792 common shares in the open market on the same reporting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
