Form 4: BJ's Restaurants CEO Sells Shares for Tax

BJ's Restaurants CEO Lyle Tick disposed of 1,046 common shares to cover tax obligations related to restricted stock unit vesting.

Summary

• Lyle Tick, CEO and President of BJ's Restaurants Inc. (BJRI), reported a transaction on October 15, 2025.
• The transaction involved the disposition of 1,046 shares of common stock.
• These shares were withheld by the Registrant to satisfy minimum statutory withholding requirements upon the vesting of Restricted Stock Units (RSUs).
• The shares were disposed of at a price of $32.18 per share.
• Following this transaction, Lyle Tick beneficially owns 15,769 shares of common stock, which includes 13,889 unvested Restricted Stock Units.
• The transaction was made pursuant to a Rule 10b5-1 plan.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes, which is neutral in sentiment regarding the company's operational or financial performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction for tax purposes, common across all industries when executive compensation includes restricted stock units that vest. It does not reflect specific industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The disposition of a small number of shares for tax purposes by the CEO is a routine event and is unlikely to have a material impact on the company's stock price or shareholder value.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

BJ's Restaurants, BJRI, Lyle Tick, Insider Trading, Form 4, Restricted Stock Units, Tax Withholding, CEO, Share Disposal