Director Greg Trojan sells 146,102 shares (88.0% of holdings) for $6.5M at $44.63 avg at BJRI peak
Greg Trojan, a director at BJs Restaurants Inc, executed 2 separate sales on 2025-05-16 totaling 146,102 shares for $6,520,367.04, reducing his holdings from 165,998 shares to 19,896 shares—a reduction of 88.0% of his pre-transaction position. The blended average sale price of $44.63 occurred at the company's 52-week high of $44.83, with the stock up 42.6% over the prior 30 days and 28.2% over 90 days. The substantial reduction in insider ownership—leaving him with only 19.9K shares—combined with the execution near the 52-week peak after a steep recent rally, represents a material exit event that merits investor scrutiny of the director's stated rationale and any forward-looking commentary from management.