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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 12, 2025

 

BJ’S RESTAURANTS, INC.

(Exact name of registrant as specified in its charter)

 

California 0-21423 33-0485615
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

 

7755 Center Avenue  
Suite 300  
Huntington Beach, California 92647
(Address of principal executive offices) (Zip Code)

 

Registrant's telephone number, including area code: (714) 500-2400

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

Title of Each Class

 

Trading

Symbol

 

 

Name of each exchange on which registered

Common Stock, No Par Value   BJRI   NASDAQ Global Select Market

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On June 16, 2025, the Board of Directors (the “Board”) of BJ’s Restaurants, Inc. (the “Company”) named Lyle D. Tick, the Company’s Chief Executive Officer and President, as a member of the Board. Pursuant to the terms of his employment agreement, dated August 23, 2024, the Company and the Board were required to take all reasonable action within their control to cause Mr. Tick to be named to the Board promptly following his appointment as CEO and, at all times while he is serving in such capacity, are required to cause him (i) to be nominated for election to the Board at each annual meeting of shareholders and (ii) if elected, to remain on the Board.

 

In addition, on June 16, 2025, Gregory A. Trojan, the Company’s former Chief Executive Officer, informed the Board that he would be retiring from the Board effective September 16, 2025.

 

Item 5.07 Submission of Matters to a Vote of Security Holders

 

On June 12, 2025, the Company held its Annual Meeting of Shareholders. Shareholders voted on (i) the election of directors, (ii) approval, on an advisory and non-binding basis, of the compensation of named executive officers, (iii) ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal 2025, and (iv) the shareholder proposal to publish a food waste transparency report.

 

Election of Directors. Each of the following nominees for director was elected to serve until the next annual meeting of shareholders or until his or her successor is elected and qualified.

 

 

Name

 

 

For

 

 

Withhold

 

Broker

Non-Votes

Bina Chaurasia    14,989,454   271,063   3,891,646
James A. Dal Pozzo    14,022,271   1,238,246   3,891,646
Noah A. Elbogen   14,898,387   362,130   3,891,646
Lea Anne S. Ottinger    14,802,398   458,119   3,891,646
C. Bradford Richmond    14,968,482   292,035   3,891,646
Julius W. Robinson, Jr.   15,177,446   83,071   3,891,646
Janet M. Sherlock    15,017,482   243,035   3,891,646
Gregory A. Trojan   14,887,635   372,882   3,891,646

 

Advisory Vote on Executive Compensation. The shareholders approved, on an advisory and non-binding basis, the compensation of named executive officers. The following votes were cast on the compensation of named executive officers: 14,999,142 For; 213,357 Against; 48,018 Abstain. There were 3,891,646 broker non-votes.

 

Ratification of Accountants. The shareholders approved the ratification of KPMG LLP as our independent registered public accounting firm for the 2025 fiscal year. The following votes were cast on the ratification: 19,092,298 For; 10,810 Against; 49,055 Abstain. There were no broker non-votes.

 

Shareholder Food Waste Proposal. The shareholders did not approve the shareholder proposal requesting the company publish a food waste transparency report. The following votes were cast on the proposal: 764,209 For; 14,393,402 Against; 102,906 Abstain. There were 3,891,646 broker non-votes.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit No.   Description
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

June 18, 2025

BJ’S RESTAURANTS, INC.

(Registrant)

 

 

By:

/s/ LYLE D. TICK

 

 

Lyle D. Tick,

Chief Executive Officer and President

(Principal Executive Officer)