BJ's CEO Robert W. Eddy Sells 73,016 Shares After Option Exercise

What Happened

• Robert W. Eddy, President & CEO and a director of BJ's Wholesale Club Holdings, exercised options for 73,016 shares at $17.00 per share (cost $1,241,272) and then sold those 73,016 shares in an open-market transaction at a weighted-average price of $100.02, generating gross proceeds of $7,303,060 on July 29, 2026. The filing also shows the derivative (the option) was disposed in connection with the exercise (reported at $0.00).

Key Details

• Transaction date: July 29, 2026; Form 4 filed July 31, 2026 (timely reporting).
• Exercise: 73,016 shares @ $17.00 = $1,241,272 (option exercise, code M).
• Sale: 73,016 shares @ weighted avg $100.02 = $7,303,060 (code S). Reported sale prices ranged $100.00–$100.23 (footnote F1).
• Approximate net proceeds (sale proceeds minus exercise cost): $6,061,788.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1 explains the weighted-average sale price and price range; F2 states the option exercised was fully vested and currently exercisable.

Context

• This was an option exercise followed by an immediate sale (a common "cashless" treatment where exercised shares are sold to cover cost/taxes). The filing is factual and does not indicate motive. Purchases typically signal stronger insider conviction than routine option exercises followed by sales; here the cash was realized from previously granted, vested options.