STOCK TITAN

Insider Sale: BJ's Restaurants SVP Disposes of 4,116 Shares

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

Rhea-AI Filing Summary

Heidi E. Rogers, Senior Vice President—Marketing at BJ's Restaurants, Inc. (BJRI), reported an insider sale on 08/19/2025. The filing shows a sale of 4,116 shares of BJRI common stock at a price of $35.36 per share, leaving the reporting person with 7,144 shares beneficially owned after the transaction. The remaining holdings include 3,707 unvested restricted stock units, which the filer notes as part of the total.

The Form 4 was signed by an attorney-in-fact on behalf of Ms. Rogers and identifies the transaction as a direct sale. No derivative transactions or additional amendments are reported in this filing.

Positive

  • None.

Negative

  • Officer sale of 4,116 shares at $35.36 reduces the reporting person's direct holdings, which investors may view as a decrease in insider ownership.
  • Only 3,437 vested shares remain immediately liquid (7,144 total less 3,707 unvested RSUs), indicating a portion of compensation remains restricted.

Insights

TL;DR: Routine officer sale; reduces insider stake but appears compliant and routine.

The sale of 4,116 shares by the Senior Vice President of Marketing is documented as a direct disposition at $35.36 per share. The filing discloses the remaining beneficial ownership of 7,144 shares including 3,707 unvested RSUs, which clarifies the portion of restricted equity still subject to vesting. The form is signed by an attorney-in-fact, indicating proper execution. This appears to be a standard Section 16 disclosure without indications of unusual trading pattern or derivative usage.

TL;DR: Insider sale documented; impact likely neutral absent other material signals.

The transaction is a straightforward sale (code S) of 4,116 shares at $35.36, reducing reported ownership to 7,144 shares. The disclosure that 3,707 of those are unvested RSUs helps distinguish liquid holdings from restricted compensation. No options, warrants, or other derivative instruments are reported. On its own, this single Form 4 represents a routine reporting of an insider sale and does not provide evidence of material company-level developments.

Insider Rogers Heidi
Role Sr VP-Marketing
Sold 4,116 shs ($146K)
Type Security Shares Price Value
Sale Common Stock Holdings 4,116 $35.36 $146K
Holdings After Transaction: Common Stock Holdings — 7,144 shares (Direct)
Footnotes (1)
  1. [object Object]
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*
Rogers Heidi

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr VP-Marketing
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025
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 Holdings 08/19/2025 S 4,116 D $35.36 7,144(1) 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. Amount includes 3,707 of unvested Restricted Stock Units.
/s/ Jacob J. Guild, Attorney-in-Fact for Heidi E. Rogers 08/19/2025
** 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 Heidi E. Rogers report on Form 4 for BJRI?

The filing reports a sale of 4,116 shares of BJ's Restaurants, Inc. common stock on 08/19/2025 at a price of $35.36 per share.

How many BJRI shares does the reporting person beneficially own after the sale?

The Form 4 states the reporting person beneficially owns 7,144 shares following the reported transaction.

Does the Form 4 disclose any unvested restricted stock units for the reporting person?

Yes. The filing explains that the 7,144 total includes 3,707 unvested Restricted Stock Units.

Were any derivative securities (options, warrants) reported in this Form 4?

No. Table II for derivative securities contains no reported transactions or holdings in this filing.

Who signed the Form 4 and when?

The form is signed by Jacob J. Guild, Attorney-in-Fact for Heidi E. Rogers on 08/19/2025.