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

Rhea-AI Filing Summary

BJ's Restaurants, Inc. (BJRI) – Form 4 insider filing reports that director James A. Dal Pozzo received a grant of 2,747 Restricted Stock Units (RSUs) on 19 June 2025 at an accounting value of $45.52 per unit. These RSUs will vest in a single installment on 19 June 2026, each converting into one share of common stock upon vesting. Following the award, Dal Pozzo's total beneficial ownership stands at 26,964 BJRI shares, of which 4,790 remain unvested. The filing classifies the transaction under code “A” (award), indicating no open-market purchase or sale. Ownership is recorded as direct and Dal Pozzo continues to serve as a board director.

Positive

• Director received 2,747 RSUs, modestly increasing insider stake and aligning interests with shareholders.
• Total beneficial ownership now 26,964 shares, including 4,790 unvested units, indicating continued board commitment.

Negative

• None.

Insights

Financial Analyst

TL;DR: Small RSU award; limited market impact

The 2,747-share RSU grant to Director Dal Pozzo is routine board compensation rather than an opportunistic market trade. It marginally increases insider ownership to 26,964 shares (≈0.1% of outstanding) and signals ongoing alignment with shareholders, but the size is immaterial to valuation or liquidity. No cash outflow from the company is involved—expense will be recognized as non-cash stock-based compensation over the vesting period. Investors will likely view the disclosure as neutral.

Corporate Governance Expert

TL;DR: Standard equity grant supports board alignment

The single-tranche RSU award aligns the director with long-term performance by deferring ownership until June 2026. Such grants are typical in mid-cap restaurant chains and pose no governance concern. The Form 4 shows direct ownership and no Rule 10b5-1 designation, implying discretionary receipt under the board’s compensation plan. Overall governance impact is modest but positive in terms of incentive structure; market impact remains negligible.

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^*

Richmond C Bradford

(Last) (First) (Middle)

7755 CENTER AVE.

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	18,790(2)	D
Common Stock								15,500	I	By Trust

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 14,015 of unvested Restricted Stock Units.

	/s/ Jacob J. Guild, Attorney-in-Fact for Bradford C. Richmond	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 James Dal Pozzo acquire on 19 June 2025?

He was granted 2,747 Restricted Stock Units, each convertible into one share of common stock.

What is the vesting schedule of the new RSUs awarded to James Dal Pozzo?

The RSUs vest in one installment on 19 June 2026.

What is James Dal Pozzo's total beneficial ownership after the transaction?

He beneficially owns 26,964 BJRI shares, including 4,790 unvested RSUs.

At what price were the RSUs valued in the Form 4 filing?

The RSUs carry an accounting value of $45.52 per share.

Does the filing indicate use of a Rule 10b5-1 trading plan?

No, the Form 4 does not check the box for a Rule 10b5-1 plan.