BJ's (BJ) CEO Robert Eddy Exercises Options and Sells Shares

What Happened
Robert W. Eddy, President & CEO and a director of BJ's Wholesale Club (BJ), exercised vested stock options to acquire 4,900 shares at $17.00 per share (cost = $83,300) on 2026-08-24, and promptly sold 4,900 shares in an open-market transaction for total proceeds of $490,049 (weighted average price $100.01). The Form 4 also reports a derivative disposition of 4,900 shares at $0 (reported separately).

Key Details

• Transaction date: 2026-08-24; Form filed 2026-08-26 (timely filing).
• Option exercise: 4,900 shares exercised at $17.00 each — total cash paid $83,300. (Footnote F2: the option is fully vested and exercisable.)
• Open-market sale: 4,900 shares sold at a weighted average price of $100.01 for $490,049. Footnote F1: sales occurred at prices ranging $100.00–$100.08; the weighted average is reported.
• Reported derivative disposition: 4,900 shares at $0 (likely related to exercise/settlement or withholding as part of the transaction; the form reports it as a derivative disposal).
• Shares owned after transaction: not stated on the information provided in this summary (see the full Form 4 for total holdings).

Context
This sequence — exercising vested options and immediately selling the resulting shares — is a common way for insiders to realize gains from vested equity (often described as a cashless exercise or immediate sale). The filing is informational and does not, by itself, indicate the insider’s view on the company’s future performance.