Form 4: BJ's Wholesale CEO Sells Shares Under 10b5-1 Plan

BJ's Wholesale Club Holdings, Inc. President and CEO, Robert W. Eddy, sold 17,900 shares of common stock on September 2, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Robert W. Eddy, President & CEO and Director of BJ's Wholesale Club Holdings, Inc., reported transactions involving the company's common stock.
• On September 2, 2025, Mr. Eddy sold a total of 17,900 shares of BJ's Wholesale Club Holdings, Inc. common stock.
• The sales were executed pursuant to a Rule 10b5-1(c) trading plan, indicating a pre-scheduled transaction.
• One block of 17,700 shares was sold at a weighted average price of $98.15 per share, with individual transaction prices ranging from $97.68 to $98.64.
• A second block of 200 shares was sold at a weighted average price of $98.71 per share, with individual transaction prices ranging from $98.68 to $98.75.
• Following these transactions, Mr. Eddy directly beneficially owns 332,533 shares of common stock.
• An additional 2,000 shares are indirectly beneficially owned by dependent children.

Sentiment

Score: 5

Explanation: Neutral. The sale is a routine insider transaction under a 10b5-1 plan, which typically has a neutral impact as it's pre-scheduled and not indicative of new information.

Positives

• The sale was conducted under a Rule 10b5-1(c) plan, which suggests the transaction was pre-scheduled and not based on immediate, non-public information.

Negatives

• Insider selling, even under a 10b5-1 plan, reduces the insider's direct equity stake in the company, which can sometimes be perceived negatively by the market.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: A slight reduction in direct insider ownership, but the impact is mitigated by the transaction being part of a pre-arranged 10b5-1 plan, suggesting it is not based on new, material non-public information.

Key Dates

Recommendation

The insider sale by the CEO, while reducing direct ownership, was conducted under a pre-arranged 10b5-1 plan. This suggests the transaction is routine and not based on new, material non-public information, thus not warranting a change in investment thesis based solely on this filing. Maintain current position.

Keywords

BJ's Wholesale Club, BJ, Insider Trading, Form 4, Robert W. Eddy, Stock Sale, 10b5-1 Plan, CEO, Director