BJ's Restaurants (BJRI) CEO Tick Lyle Receives RSUs; Shares Withheld

What Happened

• Tick Lyle, CEO & President of BJ's Restaurants (BJRI), had 7,558 restricted stock units (RSUs) vest on July 28, 2026 (reported 7/29/2026). The award is reported as 7,558 shares acquired at $0.00.
• To satisfy tax withholding on the vesting, 3,313 shares were withheld/disposed at an implied value of $68.95 per share, totaling approximately $228,431. Net increase to beneficially owned shares from this vesting: 7,558 − 3,313 = 4,245 shares.

Key Details

• Transaction dates: Vesting/award and withholding both on 2026-07-28; Form 4 filed 2026-07-29 (timely).
• Pricing/values: Award reported at $0.00 (RSU vesting). Withheld shares valued at $68.95 each, total ~$228,431.
• Holdings note: Filing indicates holdings include 28,793 unvested RSUs (per footnote).
• Codes: A = Award/Grant (RSU vesting); F = shares withheld to satisfy tax withholding.
• This was a routine tax-withholding (cashless) action on RSU vesting, not an open-market sale.

Context

• This is a standard vesting and withholding event: part of the RSU award was retained by the company to cover taxes. Such withholding transactions are common and do not necessarily signal insider sentiment about the stock.