Form 4: BJ's Restaurants Exec Exercises Options, Sells Shares

BJ's Restaurants EVP & Chief Development Officer Gregory S. Lynds exercised stock options and subsequently sold shares to cover costs and taxes.

Summary

• Gregory S. Lynds, EVP & Chief Development Officer of BJ's Restaurants Inc. (BJRI), reported transactions on January 14, 2026.
• Lynds exercised non-qualified stock options to acquire 4,065 shares of common stock at an exercise price of $42.41 per share.
• Concurrently, 3,916 shares were disposed of at $45.22 per share to satisfy the exercise price and minimum statutory withholding requirements.
• Following these transactions, Lynds beneficially owns 43,259 shares of BJRI common stock, which includes 4,409 unvested Restricted Stock Units.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as an executive exercised options, indicating a realization of value. The subsequent sale is primarily for tax and exercise cost coverage, which is a routine event.

Positives

• The executive exercised stock options, indicating a realization of value from previously granted equity.
• The exercise price of $42.41 was lower than the disposition price of $45.22, suggesting a positive gain on the exercised options.

Negatives

• A significant portion of the acquired shares (3,916 out of 4,065) were immediately disposed of to cover the exercise price and tax obligations, reducing the net increase in direct beneficial ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minor impact as this is a routine insider transaction, often pre-scheduled, and does not signal a significant change in company fundamentals or executive confidence beyond the standard equity compensation cycle.

Key Dates

Keywords

BJ's Restaurants, BJRI, Insider Trading, Stock Options, Executive Compensation, Form 4, Equity Compensation