Form 4: BJ's Restaurants CFO Receives RSU Award

BJ's Restaurants' EVP & CFO, Joshua Todd Wilson, was granted 6,594 Restricted Stock Units vesting over three years.

Summary

• Joshua Todd Wilson, the Executive Vice President and Chief Financial Officer of BJ's RESTAURANTS INC (BJRI), reported an acquisition of securities.
• On January 15, 2026, Mr. Wilson was granted 6,594 shares of Common Stock in the form of Restricted Stock Units (RSUs).
• These RSUs were acquired at a price of $0, which is typical for such compensation grants.
• The 6,594 RSUs are scheduled to vest in three equal annual installments, with the first vesting date occurring on January 15, 2027.
• Following this transaction, Mr. Wilson beneficially owns 12,789 shares, which include unvested Restricted Stock Units.

Sentiment

Score: 7

Explanation: The grant of Restricted Stock Units to a key executive is a routine compensation event that positively aligns management incentives with shareholder value.

Positives

• The grant of 6,594 Restricted Stock Units to EVP & CFO Joshua Todd Wilson aligns his long-term financial interests with those of the company's shareholders.
• The multi-year vesting schedule encourages executive retention and sustained performance, contributing to leadership stability.

Future Outlook

The 6,594 Restricted Stock Units granted to the EVP & CFO are set to vest in three equal annual installments beginning January 15, 2027, indicating a future compensation schedule tied to continued employment.

Industry Context

The grant of Restricted Stock Units is a common and standard practice for executive compensation across various industries, including the restaurant sector, designed to incentivize long-term performance and align management with shareholder interests.

Comparison to Industry Standards

• The use of Restricted Stock Units as a component of executive compensation is a widely adopted practice, comparable to compensation structures seen in other publicly traded restaurant chains and consumer discretionary companies.
• The vesting schedule over multiple years is a standard mechanism to promote executive retention and long-term strategic focus, consistent with global benchmarks for performance-based compensation.

Stakeholder Impact

• Shareholders may benefit from the increased alignment of executive interests with long-term company performance and value creation.

Next Steps

• The 6,594 Restricted Stock Units will vest in three equal annual installments, commencing on January 15, 2027.

Key Dates

Recommendation

The filing reports a routine executive compensation grant of Restricted Stock Units, which aligns management incentives with shareholder value. This is not a material event that would typically alter an investment thesis, thus a 'hold' recommendation is appropriate for existing positions.

Keywords

BJRI, Restricted Stock Units, RSU, Executive Compensation, Insider Transaction, Form 4, Joshua Todd Wilson, BJ's Restaurants