Eddy Robert W. 4
4 · BJ's Wholesale Club Holdings, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
BJ's CEO Robert W. Eddy Receives Awards; Sells Shares for Taxes
What Happened Robert W. Eddy, President & CEO and Director of BJ's Wholesale Club (BJ), received awards totaling 103,338 shares (48,376 shares issued on settlement of 2023 performance share units and a new 54,962-share restricted stock unit grant) on April 1, 2026. On the same date 49,137 shares were disposed (withheld) at $94.61 per share to satisfy tax withholding obligations, generating proceeds of $4,648,852. The awards were issued at $0.00 cost to Eddy (typical for PSU/RSU grants).
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-03 (timely — within the usual two-business-day Form 4 window).
- Disposition: 49,137 shares withheld at $94.61 → $4,648,852 (tax withholding, code F).
- Acquisitions: 48,376 shares (settlement of 2023 PSUs) and 54,962 restricted stock units granted at $0.00 (code A).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes from the filing:
- F1: 48,376 shares were issued in settlement of 2023 performance share units that vested upon meeting performance conditions.
- F2: Shares were withheld by the issuer to pay tax liabilities related to vesting.
- F3: The 54,962 restricted stock unit award vests 1/3 on each of the first, second and third anniversaries of April 1, 2026.
- Transaction codes: A = Award/Grant; F = Tax withholding (sale of shares to cover taxes).
Context This filing reflects routine equity compensation activity: settlement of vested performance share units, a new time‑vesting RSU grant, and shares withheld to pay related taxes. The withheld shares were disposed solely to satisfy tax liabilities (a common, administrative transaction) rather than an open-market sale intended as an investment signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-01+48,376→ 308,505 total - Tax Payment
Common Stock
[F2]2026-04-01$94.61/sh−49,137$4,648,852→ 259,368 total - Award
Common Stock
[F3]2026-04-01+54,962→ 314,330 total
- 2,000(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]Shares issued in settlement of performance share units granted in 2023 which vested upon the achievement of the performance condition.
- [F2]Represents shares withheld by the Issuer for payment of tax liabilities incident to the vesting of performance share unit, restricted stock unit, and restricted stock awards.
- [F3]Restricted stock unit award, granted on April 1, 2026, which will vest with respect to 1/3 of the shares subject thereto on each of the first, second and third anniversaries of the date of grant.