EVP & General Counsel Sells Over $1M in Stock After Option Exercise
BJRI sits 92% above its 52-week low of $28.46 on elevated volume (3.2× avg).
Summary
BJ's Restaurants' EVP & General Counsel, Kendra D Miller, sold $1.07 million in common stock following an option exercise, reducing her direct ownership.
Key Events · Ownership and Investor Activity · BJRI
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Officer Sells Shares
EVP & General Counsel Kendra D Miller sold 19,261 shares of common stock for $1,070,911.60 at an average price of $55.60 per share on June 18, 2026.
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Option Exercise Precedes Sale
The sale followed the exercise of options to acquire 19,261 shares for $663,488.73, with exercise prices ranging from $31.34 to $38.90.
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Reduced Direct Holdings
Post-transaction, Miller's direct holdings in the company decreased to 47,860 shares.
Analysis · BJRI · Trade & Services
Kendra D Miller, EVP & General Counsel, sold over $1 million worth of company stock after exercising options. This significant disposition by a key executive, especially with the stock trading near its 52-week high, could be interpreted as a decision to monetize holdings rather than a strong belief in further near-term appreciation. This transaction contributes to a net distribution trend among insiders over the last 90 days.
At the time of this filing, BJRI was trading at $54.72 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $28.46 to $56.21. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.