Jaffe Jennifer Anne 4

What Happened

• Jennifer Anne Jaffe, EVP & Chief People Officer of BJ's Restaurants (BJRI), had 903 shares withheld by the company on July 15, 2026 to satisfy tax withholding tied to the vesting of Restricted Stock Units (reported as disposition code F). The withholding was at $60.60 per share, totaling $54,722.
• This was a tax-withholding event on RSU vesting (routine), not an open-market sale or a purchase — generally not interpreted as a bullish or bearish trading signal.

Key Details

• Transaction date: 2026-07-15; Form 4 filed: 2026-07-17 (no late filing indicated in the filing excerpt).
• Shares withheld/disposed: 903 shares at $60.60 each; total value ≈ $54,722.
• Footnote F1: Shares were withheld by the registrant to satisfy minimum statutory withholding requirements on RSU vesting.
• Footnote F2: Filing notes an amount that includes 8,995 unvested Restricted Stock Units.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This is a routine tax-withholding action common when RSUs vest: the company retains (withholds) some shares to cover required taxes rather than the insider selling shares on the open market.
• Such withholdings are administrative and do not necessarily indicate the insider's view of the company’s prospects.