Form 4: BJ's Restaurants Director Receives Restricted Stock Unit Award

Bina Chaurasia, a Director at BJ's Restaurants Inc., was granted 2,747 Restricted Stock Units, aligning her interests with the company's long-term performance.

Summary

• Bina Chaurasia, a Director of BJ's RESTAURANTS INC (BJRI), acquired 2,747 shares of common stock on June 19, 2025.
• The acquisition was in the form of a Restricted Stock Unit (RSU) award, valued at $45.52 per share at the time of grant.
• These 2,747 RSUs are scheduled to vest in a single installment on June 19, 2026.
• Following this transaction, Ms. Chaurasia's total beneficial ownership in BJRI common stock stands at 18,044 shares.
• Of the 18,044 shares beneficially owned, 4,790 are unvested Restricted Stock Units, which includes the newly acquired 2,747 RSUs.

Sentiment

Score: 7

Explanation: The grant of Restricted Stock Units to a director is a positive event, as it aligns the director's long-term interests with those of the shareholders and is a standard component of executive compensation, indicating stability and commitment.

Positives

• The grant of Restricted Stock Units to Director Bina Chaurasia aligns her financial interests directly with the long-term performance and shareholder value of BJ's Restaurants Inc.
• This RSU award is a standard component of executive and director compensation, indicating continued commitment and retention of key personnel.

Future Outlook

The vesting schedule for the Restricted Stock Units indicates a future milestone on June 19, 2026, at which point the awarded shares will become fully vested.

Industry Context

This transaction is a routine equity compensation event for a director in the restaurant industry, reflecting common practices for aligning executive and board member incentives with long-term company performance.

Corporate Governance

Related Party Transactions

• The grant of 2,747 Restricted Stock Units to Bina Chaurasia, a Director of BJ's Restaurants Inc., constitutes a related party transaction as it involves compensation from the company to a member of its board.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial incentives with shareholder interests, potentially leading to more focused long-term decision-making.
• Director (Bina Chaurasia): Receives equity compensation, increasing her stake and commitment to the company's success.

Next Steps

• The 2,747 Restricted Stock Units are scheduled to vest on June 19, 2026.

Key Dates

Keywords

BJ's Restaurants, BJRI, Restricted Stock Units, RSU, Insider Transaction, SEC Form 4, Director Compensation, Equity Award, Corporate Governance