BJ's Restaurants (NASDAQ: BJRI) EVP sells 19,261 shares after exercises

Rhea-AI Filing Summary

BJ's Restaurants EVP & General Counsel Kendra D. Miller reported an exercise-and-sell transaction in company stock. On June 18, 2026, she sold 19,261 shares of common stock in open-market trades at a weighted average price of $55.60 per share.

Those shares came from the exercise of non-qualified stock options covering 19,261 shares of common stock at exercise prices between $31.34 and $38.90 per share. After these transactions, she directly owns 28,599 common shares, which the filing notes include 5,326 unvested Restricted Stock Units.

Insider Trade Summary

Net Seller: 19,261 shares ($1,070,912)

Net Sell 10 txns

Insider Miller Kendra D

Role EVP & General Counsel

Sold 19,261 shs ($1.07M)

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock	7,163	$0.00	--
Exercise	Non-Qualified Stock	4,315	$0.00	--
Exercise	Non-Qualified Stock	4,545	$0.00	--
Exercise	Non-Qualified Stock	3,238	$0.00	--
Exercise	Common Stock	7,163	$38.90	$279K
Exercise	Common Stock	4,315	$32.27	$139K
Exercise	Common Stock	4,545	$31.34	$142K
Exercise	Common Stock	3,238	$31.86	$103K
Sale	Common Stock	14,716	$55.60	$818K
Sale	Common Stock	4,545	$55.60	$253K

Holdings After Transaction: Non-Qualified Stock — 0 shares (Direct, null); Common Stock — 35,762 shares (Direct, null)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $55.60 to $55.65, inclusive. The reporting person undertakes to provide to BJ's Restaurants, Inc., any security holder of BJ's Restaurants, Inc., or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Amount includes 5,326 of unvested Restricted Stock Units.

Key Figures

Shares sold: 19,261 shares Weighted average sale price: $55.60 per share Options exercised: 19,261 shares +4 more

7 metrics

Shares sold 19,261 shares Open-market sales of common stock on June 18, 2026

Weighted average sale price $55.60 per share Average price across multiple trades between $55.60 and $55.65

Options exercised 19,261 shares Non-qualified stock options converted into common stock

Post-transaction holdings 28,599 shares Common stock directly owned after June 18, 2026 transactions

Unvested RSUs included 5,326 units Unvested Restricted Stock Units included in total direct holdings

Option exercise prices $31.34–$38.90 per share Exercise prices for non-qualified stock options converted to common

Exercise date references 2021–2025 grant exercise dates Options with exercise dates in 2021, 2023, 2024 and 2025

Key Terms

Non-Qualified Stock, Restricted Stock Units, weighted average price, derivative security, +1 more

5 terms

Non-Qualified Stock financial

"security_title": "Non-Qualified Stock""

Restricted Stock Units financial

"Amount includes 5,326 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.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

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.

open-market sale financial

"transaction_action": "open-market sale""

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.

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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^*

Miller Kendra D

(Last) (First) (Middle)

7755 CENTER AVENUE

SUITE 300

(Street)

HUNTINGTON BEACH CALIFORNIA 92647

(City) (State) (Zip)

UNITED STATES

(Country)

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 & General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/18/2026		M		7,163	A	$38.9	35,762	D
Common Stock	06/18/2026		M		4,315	A	$32.27	40,077	D
Common Stock	06/18/2026		M		4,545	A	$31.34	44,622	D
Common Stock	06/18/2026		M		3,238	A	$31.86	47,860	D
Common Stock	06/18/2026		S		14,716	D	$55.6	33,144	D
Common Stock	06/18/2026		S		4,545	D	$55.6(1)	28,599(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
Non-Qualified Stock	$38.9	06/18/2026		M			7,163	01/15/2021	01/15/2030	Common Stock	7,163	$0	0	D
Non-Qualified Stock	$32.27	06/18/2026		M			4,315	01/15/2023	01/15/2032	Common Stock	4,315	$0	0	D
Non-Qualified Stock	$31.34	06/18/2026		M			4,545	01/15/2024	01/15/2033	Common Stock	4,545	$0	0	D
Non-Qualified Stock	$31.86	06/18/2026		M			3,238	01/15/2025	01/15/2034	Common Stock	3,238	$0	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $55.60 to $55.65, inclusive. The reporting person undertakes to provide to BJ's Restaurants, Inc., any security holder of BJ's Restaurants, Inc., or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

2. Amount includes 5,326 of unvested Restricted Stock Units.

	/s/ Rana Schirmer, Attorney-in-Fact	06/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BJRI executive Kendra D. Miller report?

EVP & General Counsel Kendra D. Miller reported an exercise-and-sell transaction. She exercised non-qualified stock options for 19,261 BJ's Restaurants shares and sold the same number in open-market trades on June 18, 2026.

How many BJRI shares did Kendra D. Miller sell and at what price?

She sold 19,261 shares of BJ's Restaurants common stock. The filing reports a weighted average sale price of $55.60 per share, with individual trades executed between $55.60 and $55.65 during the June 18, 2026 transactions.

What stock options did Kendra D. Miller exercise in this BJRI Form 4?

She exercised non-qualified stock options covering 19,261 shares of BJ's Restaurants common stock. The options carried exercise prices of $31.34, $31.86, $32.27 and $38.90 per share before being fully exercised into common stock.

How many BJRI shares does Kendra D. Miller own after these transactions?

After the reported June 18, 2026 trades, she directly owns 28,599 shares of BJ's Restaurants common stock. The filing specifies that this total includes 5,326 unvested Restricted Stock Units that are part of her outstanding equity compensation.

Were Kendra D. Miller’s BJRI sales open-market transactions?

Yes. The Form 4 identifies the two dispositions as open-market sales of BJ's Restaurants common stock. They are coded with transaction code "S," described as sales in open market or private transactions at market-based prices.

What does the weighted average price disclosure mean for BJRI investors?

The weighted average price shows the average sale price across multiple trades in a narrow range. For these BJ's Restaurants transactions, shares sold between $55.60 and $55.65, giving a weighted average of $55.60 disclosed for transparency.