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BJ's Wholesale Club Holdings, Inc.·4

Jun 22, 4:13 PM ET

Brown Darryl 4

Research Summary

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BJ's Wholesale Club Director Darryl Brown Receives RSU Award

What Happened
Darryl Brown, a director of BJ's Wholesale Club Holdings, Inc. (BJ), received a grant of 2,288 restricted stock units (RSUs) on June 18, 2026. The reported acquisition price is $0.00 (i.e., no cash consideration) — this was an equity award (Form 4 transaction code A), not an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-06-18; Form 4 filed: 2026-06-22 (appears timely under the 2 business‑day rule).
  • Shares/units granted: 2,288 RSUs; reported price: $0.00; total cash value reported: $0.
  • Shares owned after transaction: Not specified in the filing.
  • Footnote: RSUs vest on the earlier of (i) the first anniversary of the grant (grant date = 6/18/2026) or (ii) the day before the first annual meeting of shareholders after the grant. Mr. Brown elected to defer settlement of the RSUs until his termination of service as a director.
  • Transaction type: Award/Grant (compensation), not a market purchase or sale.

Context
RSUs are a form of compensation; because settlement is deferred until Mr. Brown leaves the board, these units do not represent immediate share ownership or a direct market signal. Such director RSU grants are typically routine compensation for board service.