Van Ashley Allison 4

What Happened Van Ashley Allison, Senior Vice President Accounting at BJ's Restaurants, was granted equity awards on July 15, 2026. The Form 4 shows two acquisitions: 2,580 shares reported as Restricted Stock Units (RSUs) and 5,369 shares reported as a derivative award, for a total of 7,949 units, each recorded at $0.00 (no cash exchanged). These awards are compensation grants (code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-07-15; Filing date: 2026-07-17 (timely filing).
• Awards: 2,580 RSUs @ $0.00; 5,369 derivative units @ $0.00; total = 7,949 units.
• Shares/units owned following the transaction: Not specified in the filing.
• Footnotes from the filing:
  • F1: The award represents RSUs that vest in three equal annual installments beginning July 15, 2027; each RSU converts to one share upon vesting.
  • F2: The reported amounts include 2,580 unvested RSUs.
  • F3: The derivative portion is described as stock options that vest 33.3% per year beginning July 15, 2027.
• Transaction code: A = Award/Grant. No sale or purchase code present.

Context RSUs and vesting stock options are common forms of executive compensation. These awards do not require an immediate cash outlay and generally convert to shares only as they vest per the schedule noted. Such grants are routine compensation actions and, by themselves, do not necessarily indicate the insider’s short‑term view of the stock.