BJ's Restaurants Boosts Director Compensation with Major Stock Grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BJ's Restaurants director Janet Sherlock received a significant equity grant on June 19, 2025, acquiring 2,747 Restricted Stock Units (RSUs) at a price of $45.52 per unit. The RSUs will vest in a single installment on June 19, 2026, with each unit representing the right to receive one share of common stock.
Following this transaction, Sherlock's total beneficial ownership stands at 23,244 shares, which includes 4,790 unvested RSUs. This Form 4 filing indicates continued alignment of director interests with shareholders through equity-based compensation.
- Transaction Type: RSU Grant (Acquisition)
- Vesting Schedule: One-time vesting after 1 year
- Filing Status: Individual filing by director
- Transaction Value: Approximately $125,043 (based on grant price)
Positive
- Director Janet Sherlock received 2,747 Restricted Stock Units worth approximately $125,000, aligning long-term interests with shareholders through one-year vesting period
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sherlock Janet
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,747 | $45.52 | $125K |
Holdings After Transaction:
Common Stock — 23,244 shares (Direct)
Footnotes (1)
- These shares represent a Restricted Stock Unit award vesting in one installment on June 19, 2026. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock. Amount includes 4,790 of unvested Restricted Stock Units.
FAQ
When do Janet Sherlock's newly acquired BJRI RSUs vest?
The 2,747 Restricted Stock Units awarded to Janet Sherlock will vest in one installment on June 19, 2026. Each RSU represents a contingent right to receive one share of BJ's Restaurants common stock.
What position does Janet Sherlock hold at BJRI?
According to the Form 4 filing, Janet Sherlock serves as a Director of BJ's Restaurants Inc (BJRI), as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.
When was this BJRI Form 4 filed with the SEC?
The Form 4 was filed with the SEC on June 20, 2025, as evidenced by the signature date at the bottom of the form, one day after the transaction date of June 19, 2025.