13D Filings
BJs RESTAURANTS INC
BJRI
Amendment
Ownership

8.40%

Total Shares

1,858,443

Issuer CIK

1013488

Event Date

Mar 16, 2026

Accepted

Mar 19, 2026, 06:25 PM

Reporting Persons (3)
Joint Filing

This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.

NameType% of ClassAggregateSole VotingShared Voting
Ronald M. Shaich
Individual
8.40%1,858,44301,858,443
BJ's Act III, LLC
Other
7.70%1,708,16301,708,163
Act III Holdings LLC
Other
7.70%1,708,16301,708,163
Disclosure Items (4)

Security Title

Common Stock

Issuer Name

BJs RESTAURANTS INC

Issuer Address

7755 CENTER AVENUE, HUNTINGTON BEACH, CA, 92647

On March 12, 2026, the Reporting Persons purchased 77,268 shares of the Issuer's Common Stock for investment purposes. On March 13, 2026, the Reporting Persons purchased 73,000 shares of the Issuer's Common Stock for investment purposes. On March 16, 2026, the Reporting Persons purchased 60,000 shares of the Issuer's Common Stock for investment purposes. On March 17, 2026, the Reporting Persons purchased 40,167 shares of the Issuer's Common Stock for investment purposes. On March 18, 2026, the Reporting Persons purchased 75,000 shares of the Issuer's Common Stock for investment purposes. On March 19, 2026, the Reporting Persons purchased 62,889 shares of the Issuer's Common Stock for investment purposes.

On March 12, 2026, the Reporting Persons purchased 77,268 shares of Common Stock in open market transactions at a weighted average price of $34.3160 per share. These purchases were effected at prices ranging from $34.99 to $33.79 per share, inclusive. On March 13, 2026, the Reporting Persons purchased 73,000 shares of Common Stock in open market transactions at a weighted average price of $33.9263 per share. These purchases were effected at prices ranging from $34.2500 to $33.5950 per share, inclusive. On March 16, 2026, the Reporting Persons purchased 60,000 shares of Common Stock in open market transactions at a weighted average price of $34.0593 per share. These purchases were effected at prices ranging from $34.25 to $33.79 per share, inclusive. On March 17, 2026, the Reporting Persons purchased 40,167 shares of Common Stock in open market transactions at a weighted average price of $34.9524 per share. These purchases were effected at prices ranging from $35.00 to $34.42 per share, inclusive. On March 18, 2026, the Reporting Persons purchased 75,000 shares of Common Stock in open market transactions at a weighted average price of $34.7125 per share. These purchases were effected at prices ranging from $35.00 to $34.36 per share, inclusive. On March 19, 2026, the Reporting Persons purchased 62,889 shares of Common Stock in open market transactions at a weighted average price of $34.8274 per share. These purchases were effected at prices ranging from $35.00 to $34.3250 per share, inclusive. The Reporting Persons undertake to provide to the staff of the U.S. Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

As disclosed in the Schedule 13D, on November 14, 2025, the Issuer, Act III Holdings, LLC, a Delaware limited liability company ("Act III Holdings"), Act III Management, LLC, a Delaware limited liability company controlled and indirectly owned by Ronald Shaich ("Act III Management"), BJ's Act III, LLC, and SC 2018 Trust LLC, a Delaware limited liability company owned by an irrevocable trust established by Ronald Shaich (the "2018 Trust" and with Act III Holdings, LLC, Act III Management, LLC, BJ's Act III, LLC, collectively are referred to herein as the "Act III Parties" and individually as an "Act III Party") entered into that certain Amendment to Cooperation Agreement (the "Cooperation Agreement Amendment"), pursuant to which the (a) the expiration date of the agreement was extended to June 30, 2027 and (b) the standstill provisions were revised so that the Act III Parties and its Affiliates are restricted from acquiring or seeking to acquire additional shares of the Company's voting securities (other than the exercise of the Warrant or with the prior consent of the Issuer), or engaging in any other transactions, which would result in the Act III Parties and its Affiliates beneficially owning greater than 2,091,011 shares of Common Stock of the Issuer. The foregoing description of the Cooperation Agreement Amendment does not purport to be complete and is qualified in its entirety by reference to the agreement itself.