Form 4: BJ's Restaurants EVP Reports Stock Transactions

BJ's Restaurants EVP & General Counsel Kendra D. Miller reported the acquisition of 2,447 shares and the disposition of 907 shares for tax withholding.

Summary

• Kendra D. Miller, EVP & General Counsel of BJ's Restaurants Inc. (BJRI), reported transactions involving common stock.
• On February 18, 2026, Miller acquired 2,447 shares of common stock at a price of $0 per share.
• On the same date, Miller disposed of 907 shares of common stock at a price of $42.71 per share.
• The disposition of 907 shares was to satisfy minimum statutory withholding requirements on the vesting of Restricted Stock Units.
• Following these transactions, Miller beneficially owns 28,599 shares of common stock, which includes 5,326 unvested Restricted Stock Units.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as slightly positive. While there was a disposition of shares, it was for tax purposes, a neutral event. The acquisition of shares, likely through RSU vesting, indicates continued insider ownership and alignment with shareholder interests.

Positives

• Kendra D. Miller acquired 2,447 shares of common stock, indicating continued or increased insider ownership in the company.

Negatives

• The disposition of 907 shares was for tax withholding purposes, a routine event that does not necessarily reflect a negative outlook on the company.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions and do not typically reflect broader industry trends. This specific filing details an executive's equity activity, which is common for publicly traded companies as part of compensation and tax management.

Key Dates

Recommendation

This Form 4 details routine insider transactions, specifically the vesting of Restricted Stock Units and the subsequent sale of shares to cover tax obligations. Such transactions are common and do not typically signal a significant change in the company's fundamentals or future prospects. Therefore, a 'hold' recommendation is appropriate as this filing provides no strong catalyst for a 'buy' or 'sell' decision.

Keywords

BJ's Restaurants, BJRI, Insider Trading, Form 4, Stock Transaction, Executive Compensation, Restricted Stock Units, Kendra D. Miller