Executive Waves Goodbye to Restaurant Stock, Sells 21,704 Shares for $1.5 Million
Lynds cut his direct equity stake nearly in half following a 105% one-year stock surge, though he retains $1.73 million in residual holdings.
Overview
Gregory S. Lynds, EVP & Chief Dev. Officer of BJ's Restaurants, Inc. (NASDAQ:BJRI), reported a sale of 21,704 shares of common stock on Aug. 6, 2026. SEC Form 4 filing
Transaction value based on SEC Form 4 weighted average sale price ($68.81); post-transaction value based on August 6, 2026 market close ($69.89).
Details
BJ's Restaurants, Inc. is a significant player in the casual dining segment, with approximately 22,000 employees and a TTM revenue of $1.4 billion. The company has demonstrated strong market momentum, with shares appreciating 104.54% over the past twelve months, reflecting investor confidence in its operational execution and market positioning. BJ's competitive advantage derives from its established brand recognition, diversified menu offerings, and strategic geographic presence across 29 states, enabling the company to maintain pricing power and operational leverage in a competitive restaurant industry.
Source
Originally published at www.fool.com.