BJ's Restaurants (BJRI) EVP exercises derivatives, then sells 25,350 shares
Rhea-AI Filing Summary
EVP & Chief Development Officer Gregory S. Lynds of BJs Restaurants Inc exercised derivative securities covering 25,350 shares of common stock on 2026-08-03, at exercise prices ranging from $31.3400 to $53.2200. The same day, he sold 25,350 common shares at $67.4700 per share. A footnote states his reported holdings include 4,667 unvested Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 25,350 shares ($682K approx. pre-tax spread)
Exercise and Sale
11 txns
Insider
Lynds Gregory S
Role
EVP & Chief Dev. Officer
Sold
25,350 shs ($1.71M)
Approx. gross sale proceeds
$1.71M
Approx. exercise cost
$1.03M
Approx. pre-tax spread
$682K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock | 4,771 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock | 7,163 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock | 4,556 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock | 4,315 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock | 4,545 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,771 | $53.22 | $254K |
| Exercise | Common Stock | 7,163 | $38.90 | $279K |
| Exercise | Common Stock | 4,556 | $46.91 | $214K |
| Exercise | Common Stock | 4,315 | $32.27 | $139K |
| Exercise | Common Stock | 4,545 | $31.34 | $142K |
| Sale | Common Stock F1 | 25,350 | $67.47 | $1.71M |
Holdings After Transaction:
Non-Qualified Stock — 0 shares (Direct);
Common Stock — 46,474 shares (Direct)
Footnotes (1)
- F1. Amount includes 4,667 of unvested Restricted Stock Units.
Key Figures
Shares sold: 25,350 shares
Sale price: $67.4700 per share
Derivative shares exercised: 25,350 shares
+3 more
6 metrics
Shares sold
25,350 shares
Common stock sale on 2026-08-03 at $67.4700 per share
Sale price
$67.4700 per share
Price for 25,350 BJRI common shares sold on 2026-08-03
Derivative shares exercised
25,350 shares
Total shares from derivative exercises reported in transactionSummary
Highest exercise price
$53.2200 per share
Exercise price for 4,771 derivative shares titled "Non-Qualified Stock"
Lowest exercise price
$31.3400 per share
Exercise price for 4,545 derivative shares titled "Non-Qualified Stock"
Unvested RSUs
4,667 units
Footnote states amount includes 4,667 unvested Restricted Stock Units
Key Terms
Non-Qualified Stock, Restricted Stock Units, derivative security
3 terms
Non-Qualified Stock financial
"security_title": "Non-Qualified Stock" in multiple derivative transactions"
Restricted Stock Units financial
"Amount includes 4,667 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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did BJRI executive Gregory S. Lynds report in this Form 4?
Gregory S. Lynds reported exercising derivative securities for 25,350 BJRI common shares and selling 25,350 shares. The exercises occurred on 2026-08-03 at strike prices between $31.3400 and $53.2200, followed by an open-market sale at $67.4700 per share.
At what exercise prices were Gregory S. Lynds’s BJRI derivatives converted?
The derivative securities were exercised at five strike prices: $53.2200, $38.9000, $46.9100, $32.2700, and $31.3400 per share. Each exercise converted "Non-Qualified Stock" derivatives into BJRI common stock on 2026-08-03.
What does the BJRI Form 4 say about Gregory S. Lynds’s unvested RSUs?
A footnote explains that the reported amount includes 4,667 unvested Restricted Stock Units. This indicates part of Lynds’s ongoing equity exposure to BJ's Restaurants Inc is through unvested RSUs in addition to the common stock reflected in the transactions.
Were Gregory S. Lynds’s BJRI transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is marked in a way indicating the transactions were not made pursuant to a Rule 10b5-1 trading plan. No footnote in this Form 4 characterizes the trades as being executed under any pre-arranged trading plan.