Jeff Desroches - Oct 16, 2023 Form 4 Insider Report for BJ's Wholesale Club Holdings, Inc. (BJ)

Signature
/s/ Joseph McGrail, Attorney-in-Fact
Stock symbol
BJ
Transactions as of
Oct 16, 2023
Transactions value $
-$2,337,496
Form type
4
Date filed
10/18/2023, 04:12 PM
Previous filing
Apr 4, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BJ Common Stock Sale -$2.32M -33.7K -29.38% $68.88 81.1K Oct 16, 2023 Direct F1, F2
transaction BJ Common Stock Sale -$13.9K -200 -0.25% $69.49 80.9K Oct 16, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $68.46 to $69.43, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth in this footnote.
F2 Amount of Securities Beneficially Owned Following Reported Transaction includes an adjustment to increase the number of shares held by 1 share to correct a clerical error associated with a previously reported tax withholding transaction.