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

BJ's Restaurants Director Lea Anne Ottinger has acquired 4,065 shares of common stock through a Restricted Stock Unit award, increasing her beneficial ownership to 38,167 shares.

Summary

• Lea Anne Ottinger, a Director of BJ's Restaurants Inc. (BJRI), reported an acquisition of common stock.
• The transaction occurred on June 19, 2025, and involved the acquisition of 4,065 shares.
• These shares represent a Restricted Stock Unit (RSU) award, with each unit representing a contingent right to receive one share of the Issuer's common stock.
• The RSU award was valued at $45.52 per share.
• The 4,065 RSU shares are scheduled to vest in one installment on June 19, 2026.
• Following this transaction, Ms. Ottinger beneficially owns a total of 38,167 shares of BJRI common stock.
• The total beneficial ownership of 38,167 shares includes 7,868 unvested Restricted Stock Units.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even through an RSU award, generally signals confidence in the company's future prospects and aligns management interests with shareholders.

Positives

• Director Lea Anne Ottinger increased her beneficial ownership in BJ's Restaurants Inc. by acquiring 4,065 shares through a Restricted Stock Unit award.
• The acquisition of shares by a director, even through an RSU award, generally aligns their interests with those of shareholders, potentially indicating confidence in the company's future performance.

Future Outlook

The 4,065 Restricted Stock Units acquired by Director Lea Anne Ottinger are scheduled to vest in one installment on June 19, 2026, indicating a future increase in her vested shareholding.

Industry Context

This Form 4 filing details an individual insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The acquisition of shares by a director aligns their interests with those of shareholders, potentially indicating confidence in the company's future performance.

Next Steps

• The 4,065 Restricted Stock Units are expected to vest on June 19, 2026.

Key Dates

Keywords

BJRI, BJ's Restaurants, Form 4, SEC filing, insider transaction, stock acquisition, Restricted Stock Unit, RSU, Lea Anne Ottinger, director, common stock