Felice Laura L. 4

What Happened

• Laura Felice, Chief Financial Officer of BJ's Wholesale Club (BJ), had performance share units (PSUs) settle and received a restricted stock unit (RSU) award on April 1, 2026. The filing shows: 10,279 shares issued in settlement of PSUs (acquired, $0.00), a withholding/sale of 11,225 shares at $94.61 to cover tax liabilities (disposed; proceeds $1,061,997), and a new RSU grant of 13,740 shares (acquired, $0.00).

Key Details

• Transaction date: 2026-04-01 (filed 2026-04-03; filing appears timely).
• Withheld shares: 11,225 shares withheld/disposed at $94.61 each for total proceeds of $1,061,997 (code F — tax withholding/payment).
• Awards: 10,279 shares issued on settlement of 2023 PSUs that vested (footnote F1); separate RSU grant of 13,740 shares (footnote F3).
• Tax withholding note: issuer withheld shares to satisfy tax liabilities on vesting (footnote F2).
• Shares owned after the transactions: not specified in the provided excerpt of the Form 4.

Context

• This was not an open-market sale driven by a trading decision but routine withholding to cover taxes triggered by PSU/RSU vesting (common practice called share withholding or a cashless settlement for taxes). The new RSU grant vests 1/3 on each of the next three anniversaries (per footnote F3).