Amin Birju Prakash 4
Research Summary
AI-generated summary
BJ's Restaurants (BJRI) CTO Amin Prakash Receives Stock Award
What Happened
- Amin Birju Prakash, EVP & Chief Technology Officer of BJ's Restaurants (BJRI), was granted awards on July 15, 2026 totaling 9,274 units. The filing lists 3,010 shares as unvested restricted stock units (RSUs) and 6,264 as derivative RSU-type awards. All units show an acquisition price of $0.00 (grant).
Key Details
- Transaction date: 2026-07-15; filing date: 2026-07-17 (timely Form 4 filing).
- Award breakdown: 3,010 RSUs (unvested) + 6,264 derivative RSU awards = 9,274 total.
- Acquisition price: $0.00 shown for both entries (standard for grants).
- Vesting: Footnotes state the RSU awards vest in three equal annual installments beginning July 15, 2027 (33.3% per year).
- Shares owned after transaction: Not specified in the provided filing details.
- No 10b5-1 plan, tax-withholding sale, or gift indicated in the provided notes.
Context
- These were compensation awards (not purchases or sales). The derivative entries represent contingent rights to receive common stock upon vesting, so the units are not immediately tradable and do not represent an exercised option or immediate cash proceeds.
- Executive RSU grants are a routine form of long-term compensation and do not by themselves signal a buy/sell decision by the insider.