Form 4: BJ's Exec Sells Shares for Tax Obligations

BJ's Wholesale Club Holdings EVP, William C. Werner, disposed of 10,007 shares of common stock to cover tax liabilities related to performance stock unit vesting.

Summary

• William C. Werner, Executive Vice President of Strategy & Development at BJ's Wholesale Club Holdings, Inc. (BJ), reported a transaction on September 27, 2025.
• The transaction involved the disposition of 10,007 shares of common stock.
• These shares were withheld by the Issuer for payment of tax liabilities incident to the vesting of performance stock unit awards.
• The disposition occurred at a price of $93.1 per share.
• Following this transaction, William C. Werner beneficially owns 57,498 shares of common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax liabilities upon the vesting of performance stock units, which is a common and expected event for executives and does not indicate a change in company fundamentals or outlook.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction by an executive, not indicative of a change in company performance or executive confidence.

Key Dates

Recommendation

This Form 4 reports a routine disposition of shares by an executive to cover tax liabilities upon the vesting of performance stock units. Such transactions are common and do not typically indicate a change in the company's fundamentals or the executive's long-term view, thus a 'hold' recommendation is maintained as this filing provides no new information to alter the investment thesis.

Keywords

BJ's Wholesale Club, BJ, Form 4, Insider Transaction, Stock Sale, Tax Withholding, William C. Werner, EVP Strategy & Development