Form 4: BJ's Wholesale Club Director Acquires and Disposes of Shares in Recent Transaction
SEC Form 4 Filing
Director Darryl Brown reports acquisition of 2,032 common stock shares and disposal of 10,339 shares of BJ's Wholesale Club Holdings, Inc.
Summary
- On June 20, 2024, Darryl Brown, a director of BJ's Wholesale Club Holdings, Inc., acquired 2,032 shares of common stock.
- The acquisition was made at a price of $0.
- On the same day, Brown disposed of 10,339 shares of common stock.
- Following these transactions, Brown beneficially owns 10,339 shares of common stock.
- Brown also received a restricted stock unit award that will vest on the earlier of June 20, 2025, or the day before the next annual shareholder meeting.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Date of stock acquisition and disposal, and grant date of restricted stock unit award. |
| 06/20/2025 | First possible vesting date of restricted stock unit award. |
| 06/21/2024 | Date of signature by Attorney-in-Fact. |
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