Form 4: BJ's Wholesale Club Director Steven L. Ortega Reports Stock Transaction
SEC Filing Form 4
Director Steven L. Ortega reports a transaction involving BJ's Wholesale Club Holdings, Inc. common stock on June 15, 2024.
Summary
- Steven L. Ortega, a director of BJ's Wholesale Club Holdings, Inc., filed a Form 4 with the SEC.
- The form reports a transaction that occurred on June 15, 2024.
- Ortega acquired 2,414 shares of common stock upon the vesting of restricted stock units (RSUs).
- The price per share for the acquisition was $0, as it was related to the vesting of RSUs.
- Following the transaction, Ortega directly owns 2,414 shares of BJ's Wholesale Club Holdings, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reports a routine transaction related to executive compensation.
Positives
- The vesting of RSUs indicates that performance milestones or time-based vesting requirements have been met.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine vesting of RSUs.
Key Dates
| Date | Description |
|---|---|
| June 15, 2023 | Date of grant for the restricted stock units. |
| June 15, 2024 | Date of transaction (vesting of RSUs). |
| June 18, 2024 | Date of signature on the Form 4 filing. |
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