BJ's Restaurants (BJRI) Director Richmond C. Bradford Buys 500 Shares

What Happened

• Richmond C. Bradford, a director of BJ's Restaurants, purchased 500 shares in an open‑market/private purchase on 2026-09-02 at $61.05 per share, for a total transaction value of $30,525. This was a buy (P), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-09-02; Price: $61.05; Shares acquired: 500; Total value: $30,525.
• Transaction type: Purchase (reported as code "P") — described as open market or private purchase in the Form 4.
• Shares owned after transaction: Not specified in the provided excerpt of the filing. The Form 4 notes that the reported amount includes 2,955 unvested Restricted Stock Units (see footnote F2).
• Footnote (F1): Shares are held by an irrevocable trust over which Mr. Bradford maintains investment control; he disclaims beneficial ownership except to the extent of his pecuniary interest.
• Filing timeliness: Form filed and dated 2026-09-02 (Period of Report 2026-09-02), indicating a timely filing.

Context

• This was a straight purchase (no option exercise or award). Purchases by insiders can be interpreted as a positive signal, but they do not prove intent or guarantee future performance. The trust arrangement and the disclaimer of beneficial ownership mean ownership is somewhat qualified — the director retains investment control but disclaims full beneficial ownership aside from personal economic interest.