BJRI BJs RESTAURANTS INC
Price Chart
Executive Summary
Two BJRI insiders engaged in a cluster of sales, including a director selling ~$194K in open-market shares on May 29 and an EVP selling a smaller amount on May 28. Both sales were preceded by derivative exercises at a steep discount, characteristic of cashless exercise-and-sell patterns. The total open-market sale value of ~$210K represents ~0.02% of market cap — a trivial amount with no material directional signal.
Key Financial Metrics
Actionable Insight
The cluster is economically trivial and mechanically consistent with equity compensation management. No actionable signal for traders; monitor upcoming earnings (likely next 10-Q) for any fundamental change, but this filing provides no incremental information.
Key Facts
- Director Noah A. Elbogen sold 4,049 shares at $47.85 on May 29 for net proceeds of ~$194K, preceded by derivative exercises at $0 and $39.33.
- EVP/CIO Brian S. Krakower sold 341 shares at $46.83 on May 28 for ~$16K, preceded by derivative exercises at $0 and $31.34.
- Total open-market sales: ~$210K, representing approximately 0.02% of BJRI's $989M market cap.
- All trades are consistent with routine cashless exercise-and-sell patterns for tax/compensation purposes, not information-driven selling.
- Historical performance on BJRI shows prior neutral calls performed well; a prior long/bullish call was a large miss (-9% T+20).
Financial Impact
$210K in aggregate open-market sales, all from derivative exercises; trivial relative to $989M market cap
Risk Factors
- Information leakage risk is negligible — dollar amounts are well below any materiality threshold
- If forthcoming earnings miss, these sales could be retrospectively interpreted as informed, but the pattern and size argue strongly against that reading
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BJRI-1780345875576 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 1, 2026
13d ago
|
Insider Cluster
| $44.35 $43.85 | ▼ −1.13% | ▼ −0.41% | $52.62 (+18.65%) |
|
Apr 22, 2026
7w ago
|
DEFA14A
| $38.74 $38.31 | ▼ −1.11% | ▼ −0.72% | $52.62 (+35.83%) |
|
Apr 21, 2026
7w ago
|
Press Release
| $38.74 $38.31 | ▼ −1.11% | ▼ −0.72% | $52.62 (+35.83%) |
|
Mar 12, 2026
13w ago
|
Insider Cluster
| $33.73 $33.42 | ▼ −0.92% | ▼ −0.32% | $52.62 (+56.00%) |
|
Feb 25, 2026
15w ago
|
8-K
| $40.88 $40.03 | ▼ −2.08% | ▼ −1.53% | $52.62 (+28.72%) |
US Market Status
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