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

Lea Anne Ottinger, a director at BJ's Restaurants, acquired 219 shares of common stock through a restricted stock unit award.

Summary

• Lea Anne Ottinger, a director at BJ's Restaurants, acquired 219 shares of common stock on January 15, 2025.
• The acquisition was through a restricted stock unit award at a price of $34.28 per share.
• The restricted stock units vest in one equal installment on January 15, 2026.
• Each restricted stock unit represents a contingent right to receive one share of the company's common stock.
• Following the transaction, Ms. Ottinger beneficially owns 34,102 shares, which includes 3,803 unvested restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally neutral to positive. The acquisition of shares by a director can be seen as a positive sign of confidence in the company.

Positives

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

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend in the restaurant industry.

Comparison to Industry Standards

• Similar filings are common across all publicly traded companies, including restaurant chains like Darden Restaurants (DRI) and Texas Roadhouse (TXRH).
• The vesting schedule of one year is typical for restricted stock unit awards.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates director confidence.

Key Dates

Keywords

BJ's Restaurants, Director, Stock Acquisition, Restricted Stock Units, Beneficial Ownership, Insider Trading