Saxena Monika 4

What Happened Monika Saxena, EVP & Brand President of BJ's Restaurants (BJRI), was granted a total of 13,248 restricted stock units (RSUs) on July 15, 2026: 4,300 RSUs (reported @ $0.00) and 8,948 RSUs reported as a derivative award (also @ $0.00). No cash changed hands for these awards — they are compensation grants rather than purchases. Each RSU represents a contingent right to receive one share upon vesting.

Key Details

• Transaction date: July 15, 2026; Form 4 filed July 17, 2026 (timely filing).
• Grants reported: 4,300 RSUs @ $0.00 (acquired) and 8,948 RSUs @ $0.00 (acquired, derivative) — total 13,248 RSUs.
• Vesting: RSUs vest in three equal annual installments beginning July 15, 2027 (footnote F1). Footnote F2 notes 4,300 of the RSUs are unvested. Footnote F3 references an option vesting schedule (33.3% per year beginning July 15, 2027) but no option exercises were reported in this filing.
• Shares owned after transaction: not specified in the filing.
• Transaction code: "A" = Award/Grant. The derivative designation indicates a contingent right to receive shares upon vesting, not an immediate stock transfer.

Context RSU grants are a form of compensation and typically vest over time; they do not represent an immediate cash purchase or sale. Such awards are routine for executives and should be viewed as part of compensation alignment rather than a direct bullish or bearish trading signal.