BJ's Restaurants (BJRI) EVP logs stock grant and RSU tax withholding in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BJ's Restaurants EVP & Chief Development Officer Gregory S. Lynds reported stock-based compensation activity. He acquired 2,447 shares of common stock as a grant or award at no cash price, increasing his directly held position on the grant date.
On the same day, 892 shares were disposed of in a tax-withholding transaction at a price of $42.71 per share, with the shares withheld by the company to satisfy minimum statutory withholding on vesting of restricted stock units. After these transactions, he directly held 46,474 shares of common stock, which the disclosure states includes 4,667 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lynds Gregory S
Role
EVP & Chief Dev. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,447 | $0.00 | -- |
| Tax Withholding | Common Stock | 892 | $42.71 | $38K |
Holdings After Transaction:
Common Stock — 47,366 shares (Direct)
Footnotes (1)
- Shares withheld by the Registrant to satisfy minimum statutory withholding requirements on vesting of Restricted Stock Units. Amount includes 4,667 of unvested Restricted Stock Units.
FAQ
What did BJRI executive Gregory S. Lynds report in this Form 4 filing?
Gregory S. Lynds reported a stock grant of 2,447 BJ's Restaurants shares and a related tax-withholding share disposition. Both transactions involve common stock compensation, reflecting routine equity award vesting and associated tax settlement by withholding shares rather than open-market selling.
Are unvested restricted stock units included in the BJRI holdings disclosed?
Yes. The Form 4 footnote specifies that Gregory S. Lynds’ reported total includes 4,667 unvested restricted stock units. This means the 46,474-share figure reflects both currently vested common shares and unvested RSUs that remain subject to vesting conditions.