Naylor Maile 4

What Happened

• Naylor Maile, 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 award was reported as an acquisition (code A) at $0.00 per share (non-cash equity compensation).
• This is a grant/award (not a purchase or sale) — it confers a future right to receive shares subject to vesting and the reporting person's election to defer settlement.

Key Details

• Transaction date and price: 2026-06-18; 2,288 RSUs granted at $0.00 (award).
• Filing: Form 4 filed 2026-06-22; filing appears timely relative to the reported transaction.
• Vesting/settlement terms (footnote): RSUs vest on the earlier of (i) the first anniversary of the grant (June 18, 2027) or (ii) the day before the first annual shareholders' meeting after the grant. The reporting person elected to defer settlement until the earlier of June 1, 2029 or the reporting person's termination of service as a director.
• Shares owned after transaction: not specified in the provided filing details.

Context

• RSU grants are common director compensation and represent future stock exposure rather than an immediate cash transaction. The award's ultimate economic value depends on BJ's share price at vesting/settlement.
• Because this is an award (not a sale), it should not be interpreted as an immediate bullish or bearish trade by the insider; it reflects compensation and deferred settlement elections.