[Form 4] BJs Wholesale Club Holdings, Inc. Insider Trading Activity
BJ's Wholesale Club Holdings (NYSE:BJ) filed a Form 4 reporting that director Kenneth M. Parent received 1,662 restricted stock units (RSUs) on 06/19/2025 under the company’s annual equity program for non-employee directors.
The award will vest on the earlier of (i) the first anniversary of the grant date (06/19/2026) or (ii) the day immediately preceding the next annual shareholders� meeting, and settlement is deferred until Parent leaves the board. The zero-cost grant (code “A�) increased Parent’s total beneficial ownership to 26,013 common shares, a ~6.4 % rise from his pre-grant position. No dispositions were reported.
This filing reflects a routine director compensation grant rather than an open-market purchase; nevertheless, the deferral feature ties the director’s economic outcome to long-term shareholder value.
- Director Kenneth M. Parent increased his beneficial ownership by approximately 6.4 % via a 1,662-share RSU grant, strengthening board-shareholder alignment.
- None.
Insights
TL;DR � Routine RSU grant lifts a director’s stake 6 %; limited market impact.
The Form 4 discloses a standard board-compensation RSU award, not a cash purchase. While the 1,662-share grant boosts Kenneth Parent’s holdings by roughly 6 %, the absolute value appears immaterial versus BJ’s market capitalisation and thus unlikely to sway stock sentiment. Because settlement is deferred until service termination, the structure modestly enhances alignment with long-term shareholders but does not signal incremental conviction about near-term valuation. Overall, I view the disclosure as governance-neutral with negligible trading impact.