BJs Restaurants (BJRI) awards RSUs and stock options to EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Saxena Monika reported acquisition or exercise transactions in this Form 4 filing.
BJs Restaurants executive Monika Saxena, EVP & Brand President, received equity awards consisting of 4,300 Restricted Stock Units and 8,948 Non-Qualified Stock Options. The RSUs vest in three equal annual installments beginning July 15, 2027, with each unit representing one share of common stock.
The options are exercisable for 8,948 shares of common stock at $60.60 per share and vest 33.3% per year beginning July 15, 2027, expiring July 15, 2036. Following these awards, Saxena holds 4,300 unvested RSUs representing common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Saxena Monika
Role
EVP & Brand President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Options | 8,948 | $0.00 | -- |
| Grant/Award | Common Stock | 4,300 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Options — 0 shares (Direct);
Common Stock — 4,300 shares (Direct)
Footnotes (1)
- These shares represent a Restricted Stock Unit award vesting in three equal annual installments beginning on July 15, 2027. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock. Amount includes 4,300 of unvested Restricted Stock Units. These stock options vest 33.3% per year beginning on July 15, 2027.
Key Figures
Restricted Stock Units granted: 4,300 shares
Non-Qualified Stock Options granted: 8,948 options
Option exercise price: $60.60 per share
+4 more
7 metrics
Restricted Stock Units granted
4,300 shares
RSU award to EVP & Brand President Monika Saxena on 2026-07-15
Non-Qualified Stock Options granted
8,948 options
Stock option grant exercisable for 8,948 shares of common stock
Option exercise price
$60.60 per share
Conversion or exercise price for Non-Qualified Stock Options granted 2026-07-15
RSU vesting start date
July 15, 2027
RSUs vest in three equal annual installments beginning on July 15, 2027
Option vesting rate
33.3% per year
Non-Qualified Stock Options vest 33.3% per year beginning on July 15, 2027
Option expiration date
July 15, 2036
Expiration date of the Non-Qualified Stock Options granted to Monika Saxena
Common shares held after awards
4,300 shares
Total common stock reported following RSU award, including 4,300 unvested RSUs
Key Terms
Restricted Stock Unit, Non-Qualified Stock Options, contingent right
3 terms
Restricted Stock Unit financial
"These shares represent a Restricted Stock Unit award vesting in three equal annual installments"
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 Options financial
"The derivative security is described as Non-Qualified Stock Options linked to common stock"
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity awards did BJs Restaurants (BJRI) report for Monika Saxena?
BJs Restaurants reported that EVP & Brand President Monika Saxena received 4,300 Restricted Stock Units and 8,948 Non-Qualified Stock Options on July 15, 2026. Both awards relate to the company’s common stock and are subject to multi-year vesting schedules.
How many Restricted Stock Units did BJRI's EVP & Brand President receive and when do they vest?
Monika Saxena received 4,300 Restricted Stock Units. These RSUs vest in three equal annual installments beginning on July 15, 2027. Each unit represents a contingent right to receive one share of BJs Restaurants’ common stock upon vesting.
What are the terms of the Non-Qualified Stock Options granted to Monika Saxena at BJRI?
Saxena was granted 8,948 Non-Qualified Stock Options exercisable at $60.60 per share for the company’s common stock. The options vest 33.3% per year starting July 15, 2027 and have an expiration date of July 15, 2036.
Are Monika Saxena’s BJRI equity awards reported as part of a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote describing a pre-arranged Rule 10b5-1 trading plan. The reported transactions are equity grants, not open-market trades under a trading plan.