Eddy Robert W. 4
Research Summary
AI-generated summary
BJ's (BJ) CEO Robert W. Eddy Sells 8,000 Shares
What Happened
- Robert W. Eddy, President & CEO and a director of BJ's Wholesale Club Holdings, sold a total of 8,000 shares in open-market transactions on May 15, 2026. He disposed of 5,543 shares at a weighted-average price of $95.91 (proceeds $531,629) and 2,457 shares at a weighted-average price of $96.60 (proceeds $237,346), for aggregate proceeds of approximately $768,975. These were sales (not purchases), which are often routine and do not by themselves indicate a change in sentiment.
Key Details
- Transaction date: 2026-05-15 (reported on Form 4 filed 2026-05-19)
- Trades: Open-market sales (Code S)
- Share breakdown and values:
- 5,543 shares @ weighted avg $95.91 = $531,629 (see footnote F1)
- 2,457 shares @ weighted avg $96.60 = $237,346 (see footnote F2)
- Total sold: 8,000 shares for ~$768,975
- Footnotes: F1 and F2 state the reported prices are weighted averages; actual sale prices in the first lot ranged $95.28–$96.27 and in the second $96.28–$97.19. The reporting person can provide a breakdown on request.
- Shares owned after the transaction: Not specified in the materials provided.
- Filing timing: Form 4 was filed May 19, 2026, reporting the May 15 trades (the filing date is shown on the record).
Context
- This was a straight sale of shares in the open market (no option exercise, gift, or award involved). Sales by executives can be for many reasons (diversification, tax planning, exercising liquidity) and are not necessarily a signal about company prospects. Retail investors should consider insider transactions alongside other fundamentals and disclosures.