4/A: BJRI Senior VP Corrects Stock Option Filing
Amendment to Statement of Changes in Beneficial Ownership
BJ's Restaurants Senior VP of Marketing, Heidi Rogers, filed an amended Form 4 to correct a typographical error in previously reported derivative securities.
Summary
- An amended Form 4 (Form 4/A) was filed by Heidi Rogers, Senior VP-Marketing of BJ's Restaurants Inc. (BJRI).
- The amendment corrects a minor typographical error in the number of derivative securities previously reported.
- The filing pertains to Non-Qualified Stock Options with an exercise price of $34.28.
- These options relate to 2,668 shares of Common Stock.
- The stock options vest 33.3% per year, beginning on January 15, 2026.
- The options have an expiration date of January 15, 2035.
Sentiment
Score: 5
Explanation: The filing is neutral as it is an administrative correction of a typographical error in a previous disclosure, with no material impact on the company's operations or financial standing.
Future Outlook
The Non-Qualified Stock Options held by Heidi Rogers are scheduled to vest at a rate of 33.3% per year, commencing on January 15, 2026, and will expire on January 15, 2035.
Industry Context
This administrative filing, correcting a minor error in an insider's stock option disclosure, is a routine compliance matter and does not reflect broader industry trends or competitive dynamics within the restaurant sector.
Stakeholder Impact
- Minimal impact on shareholders as the filing corrects a minor administrative error in an insider's stock option disclosure, not affecting company fundamentals or strategy.
Next Steps
- The stock options will continue to vest at 33.3% annually starting January 15, 2026.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | Date of earliest transaction reported. |
| 01/16/2025 | Date of original Form 4 filing being amended. |
| 01/15/2026 | Transaction date for derivative security and start of 33.3% annual vesting for stock options. |
| 09/10/2025 | Signature date of the amended Form 4/A. |
| 01/15/2035 | Expiration date of Non-Qualified Stock Options. |
Keywords
BJRI, BJ's Restaurants, Heidi Rogers, Form 4/A, SEC filing, stock options, derivative securities, insider transaction, corporate governance
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