[Form 4] BJ's Restaurants, Inc. Insider Trading Activity

Rhea-AI Filing Summary

BJ’s Restaurants, Inc. (BJRI) – Form 4 filing dated 06/20/2025

Director Julius W. Robinson Jr. reported an automatic grant (Code “A”) of 2,747 Restricted Stock Units (RSUs) on 06/19/2025 at a reference price of $45.52 per share. The RSUs will vest in a single installment on 06/19/2026. Following the award, Robinson’s direct beneficial ownership increased to 14,883 BJRI common shares, which now includes 4,790 unvested RSUs.

No derivative transactions, sales, or open-market purchases were reported. The filing reflects routine director equity compensation intended to align management incentives with shareholder interests and does not signal a change in the company’s operational or financial outlook.

Positive

• Increase in insider ownership: Director received 2,747 RSUs, raising total direct holdings to 14,883 shares.
• No insider selling: The filing contains only an acquisition, avoiding negative optics associated with dispositions.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine RSU grant; marginally positive for alignment, minimal market impact.

The 2,747-share RSU award modestly increases insider ownership, reinforcing governance alignment but provides no incremental cash flow or strategic insight. With total direct holdings still below 15k shares, the stake remains immaterial relative to BJRI’s public float. No sales were disclosed, eliminating potential negative sentiment from insider selling. Overall, I view the filing as non-impactful from a valuation perspective, though continued equity compensation highlights the board’s pay-for-performance structure.

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
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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^*

Robinson Julius

(Last) (First) (Middle)

7755 CENTER AVENUE

SUITE 300

(Street)

HUNTINGTON BEACH CA 92647

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BJs RESTAURANTS INC [ BJRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

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

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

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

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	06/19/2025		A		2,747(1)	A	$45.52	14,883(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

Explanation of Responses:

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.

2. Amount includes 4,790 of unvested Restricted Stock Units.

	/s/ Jacob J. Guild, Attorney-in-Fact for Julius W. Robinson Jr.	06/20/2025
	** 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.

FAQ

How many BJRI shares did Director Julius Robinson acquire?

He was granted 2,747 Restricted Stock Units on 06/19/2025.

What is the vesting schedule for the new RSUs?

The RSUs vest in one installment on 06/19/2026.

What is Robinson’s total beneficial ownership after the grant?

His direct ownership increased to 14,883 shares, including 4,790 unvested RSUs.

Were any BJRI shares sold in this Form 4 filing?

No. The transaction code “A” indicates an award; no dispositions were reported.

Does this insider transaction materially impact BJRI’s outlook?

The grant is routine director compensation and is considered not materially impactful to the company’s financial outlook.