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BJ's Restaurants Director Shows Confidence with 76,000+ Share Position

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BJ's Restaurants director Noah A. Elbogen 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.

Following this transaction, Elbogen's total beneficial ownership stands at 76,235 shares, which includes 4,790 unvested RSUs. The RSUs represent a contingent right to receive an equivalent number of BJ's Restaurants common stock shares upon vesting.

Key transaction details:

  • Transaction Type: RSU Grant (Form 4 Code: A)
  • Direct Ownership Form
  • Filed on June 28, 2025
  • Executed through attorney-in-fact Jacob J. Guild

Positive

  • Director Noah A. Elbogen received 2,747 Restricted Stock Units worth approximately $125,000 at $45.52 per share, demonstrating long-term alignment with shareholders through one-year vesting period

Negative

  • None.
Insider Elbogen Noah A.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 2,747 $45.52 $125K
Holdings After Transaction: Common Stock — 76,235 shares (Direct)
Footnotes (1)
  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.
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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*
Elbogen Noah A.
(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)
06/19/2025
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 76,235(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 Noah A. Elbogen 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many BJRI shares did Director Noah Elbogen acquire on June 19, 2025?

Director Noah Elbogen acquired 2,747 shares of BJRI in the form of Restricted Stock Units (RSUs) at a price of $45.52 per share on June 19, 2025.

What is the vesting schedule for BJRI Director Elbogen's new RSU grant?

The 2,747 Restricted Stock Units granted to Director Elbogen 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.

How many total BJRI shares does Noah Elbogen own after this transaction?

Following the transaction, Noah Elbogen beneficially owns 76,235 shares of BJRI stock directly, which includes 4,790 unvested Restricted Stock Units.

What is Noah Elbogen's role at BJRI according to the Form 4?

According to the Form 4 filing, Noah A. Elbogen serves as a Director of BJ's Restaurants Inc (BJRI). This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.