Form 4: BJ's Wholesale Club CEO Robert Eddy Disposes of Shares for Tax Obligations
SEC Filing
Robert W. Eddy, President & CEO of BJ's Wholesale Club Holdings, Inc., disposed of 36,619 shares to cover tax liabilities related to vesting performance share units.
Summary
- On February 3, 2025, Robert W. Eddy, the President & CEO of BJ's Wholesale Club Holdings, Inc., disposed of 36,619 shares of common stock at a price of $99.62 per share.
- The transaction was executed to cover tax liabilities associated with the vesting of performance share unit awards.
- Following the transaction, Eddy directly owns 376,173 shares of BJ's Wholesale Club Holdings, Inc.
- Eddy also indirectly owns 2,000 shares through dependent children.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine disposal of shares to cover tax obligations.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. Disposals of shares to cover tax obligations are a common occurrence, especially after vesting of stock awards.
Stakeholder Impact
- The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's performance.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of transaction: Disposal of shares for tax liabilities. |
| 02/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Robert Eddy, BJ's Wholesale Club, Share Disposal, Tax Liabilities, Beneficial Ownership, Insider Trading
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