BJRI Form 4: Sr. VP Puchner Disposes 1,719 Shares on 08/15/2025

Rhea-AI Filing Summary

Alexander M. Puchner, Senior Vice President, Brewing Operations at BJ's Restaurants, Inc. (BJRI), reported a sale on 08/15/2025 of 1,719 shares of BJ's common stock at a price of $34.99 per share. After the sale, the Form 4 reports 12,443 shares beneficially owned (direct) and 2,891 shares held indirectly by trust. The filing notes that the reported amount includes 3,532 unvested restricted stock units. The Form 4 was signed by an attorney-in-fact, Jacob J. Guild, on behalf of Mr. Puchner on 08/15/2025.

Insights

Financial Analyst

TL;DR: Routine insider sale with modest share reduction; holdings still include unvested RSUs.

The reported sale of 1,719 shares at $34.99 is a discrete non-derivative disposition recorded on 08/15/2025. The filing shows continued direct and indirect ownership, including 3,532 unvested restricted stock units, which indicates ongoing compensation linkage to equity. There are no derivative transactions, no amendments, and no indications of a Rule 10b5-1 plan in the form text. On balance, the transaction appears transactional and not material to BJRI's capitalization given the absolute share counts disclosed.

Corporate Governance Expert

TL;DR: Properly filed Form 4; signed by attorney-in-fact, disclosing direct and indirect holdings and unvested RSUs.

The Form 4 identifies the reporting person and relationship to issuer and discloses both direct and indirect beneficial ownership, fulfilling Section 16 reporting requirements. The signature by an attorney-in-fact is clearly indicated and dated 08/15/2025. The disclosure of unvested restricted stock units in the explanatory note improves clarity about underlying compensation arrangements. There are no governance red flags or material related-party transactions disclosed within this filing.

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^*

PUCHNER ALEX

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. Vice President Brewing Ops

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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 Holding	08/15/2025		D		1,719	D	$34.99	12,443(1)	D
Common Stock Holdings								2,891	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. Amount includes 3,532 of unvested Restricted Stock Units.

	/s/ Jacob J. Guild, Attorney-in-Fact for Alexander M. Puchner	08/15/2025
	** 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

What transaction did Alexander M. Puchner report for BJRI?

He reported a sale of 1,719 shares of BJ's Restaurants common stock on 08/15/2025.

At what price were the BJRI shares sold on 08/15/2025?

The shares were sold at $34.99 per share as reported on the Form 4.

How many BJRI shares does the filing show Mr. Puchner beneficially owns after the sale?

12,443 shares reported as directly beneficially owned and 2,891 shares held indirectly by trust following the transaction.

Does the Form 4 disclose any unvested equity for Mr. Puchner?

Yes. The filing states the amount includes 3,532 unvested Restricted Stock Units.

Who signed the Form 4 for Alexander M. Puchner?

Jacob J. Guild, Attorney-in-Fact, signed the Form 4 on 08/15/2025 on behalf of Mr. Puchner.