Form 4: BJ's Restaurants Director Acquires Shares Through Restricted Stock Unit Award

Director Lea Anne Ottinger acquired 1,824 shares of BJ's Restaurants stock through a restricted stock unit award.

Summary

• Lea Anne Ottinger, a director at BJ's Restaurants, acquired 1,824 shares of common stock on January 15, 2025.
• The shares were acquired through a restricted stock unit (RSU) award at a price of $34.28 per share.
• The RSU award vests in one equal installment on January 15, 2026.
• Following the transaction, Ottinger beneficially owns 33,883 shares, which includes 3,584 unvested RSUs.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of a director acquiring shares through a standard RSU award, which is generally viewed as a neutral to slightly positive event.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Future Outlook

The restricted stock units will vest on January 15, 2026, which will increase the director's share ownership.

Industry Context

This is a routine filing related to stock-based compensation for a company director, which is common practice in publicly traded companies.

Comparison to Industry Standards

• Stock-based compensation, such as restricted stock units, is a common practice for compensating directors and executives in publicly traded companies.
• The vesting schedule of one year is fairly standard for RSU awards.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning her interests with those of shareholders.

Key Dates

Keywords

BJ's Restaurants, Director, Stock Acquisition, Restricted Stock Unit, RSU, Beneficial Ownership, Equity