BJ's Restaurants Board Member Increases Stake with 2,747 Share RSU Award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BJ's Restaurants Director Greg Trojan reported a significant stock acquisition on June 19, 2025, receiving 2,747 Restricted Stock Units (RSUs) at $45.52 per share. The RSUs represent a contingent right to receive an equivalent number of common shares, with full vesting scheduled for June 19, 2026.
Following this transaction, Trojan's total beneficial ownership stands at 22,643 shares, which includes 4,790 unvested RSUs. The acquisition was executed as a direct ownership transaction, demonstrating continued alignment with shareholder interests.
Key Transaction Details:
- Transaction Type: RSU Award (Form Code: A)
- Share Price: $45.52
- Ownership Type: Direct
- Total Position: 22,643 shares (including unvested RSUs)
Positive
- Director Greg Trojan 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
Trojan Greg
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,747 | $45.52 | $125K |
Holdings After Transaction:
Common Stock — 22,643 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 Greg Trojan's newly acquired BJRI RSUs vest?
The 2,747 Restricted Stock Units awarded to Greg Trojan 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 is Greg Trojan's total BJRI stock ownership after the June 19, 2025 transaction?
Following the transaction, Greg Trojan beneficially owns a total of 22,643 shares of BJRI stock, which includes 4,790 unvested Restricted Stock Units. All shares are held directly (not indirectly through other entities).
What position does Greg Trojan hold at BJRI according to the Form 4?
According to the Form 4 filing, Greg Trojan 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.