Act III Holdings Updates BJ's Restaurants Stake in 13D/A Filing

TL;DR

**Act III Holdings just updated their stake in BJ's Restaurants, signaling continued involvement.**

AI Summary

Act III Holdings LLC filed a SCHEDULE 13D/A on March 23, 2026, updating its beneficial ownership in BJ's Restaurants Inc. (CIK: 0001013488). This filing indicates a change in their previously disclosed stake, which is important for investors as it signals Act III Holdings LLC's ongoing interest and potential influence over BJ's Restaurants, a company in the retail-eating places sector.

Why It Matters

This filing matters because it updates the public on a significant investor's position in BJ's Restaurants, which can influence stock price and corporate strategy.

Risk Assessment

Risk Level: low — This is an informational filing updating ownership, not indicating a new major event that would inherently increase risk.

Analyst Insight

An investor should note this update as it confirms Act III Holdings LLC's continued position in BJ's Restaurants, and then investigate the full 13D/A document for specific changes in ownership percentage or stated intentions.

Key Players & Entities

• Act III Holdings LLC (company) — the entity filing the SCHEDULE 13D/A
• BJ's Restaurants Inc. (company) — the subject company in which Act III Holdings LLC holds a stake
• 0001750383 (person) — CIK for Act III Holdings LLC
• 0001013488 (person) — CIK for BJ's Restaurants Inc.
• 2026-03-23 (dollar_amount) — the filing date of the SCHEDULE 13D/A

FAQ

Key Financial Figures

• $34.9203 — sactions at a weighted average price of $34.9203 per share. These purchases were effecte
• $35.00 — es were effected at prices ranging from $35.00 to $34.73 per share, inclusive. The Re
• $34.73 — fected at prices ranging from $35.00 to $34.73 per share, inclusive. The Reporting Pe

Filing Documents

• primary_doc.html (SCHEDULE 13D/A)
• primary_doc.xml (SCHEDULE 13D/A) — 13KB
• 0001213900-26-032957.txt ( ) — 14KB

Security and Issuer

Item 1. Security and Issuer (a) Title of Class of Securities: Common Stock (b) Name of Issuer: BJs RESTAURANTS INC (c) Address of Issuer's Principal Executive Offices: 7755 CENTER AVENUE, SUITE 300, HUNTINGTON BEACH, CALIFORNIA , 92647.

Comment

Item 1 Comment: This statement constitutes Amendment Number 7 (the "Amendment") to the Schedule 13D relating to the common stock, no par value (the "Common Stock"), of BJ's Restaurants, Inc., a California corporation (the "Issuer"), and hereby amends the Schedule 13D filed with the Securities and Exchange Commission on May 15, 2020 (the "Original Filing") as amended by Amendment No. 1 ("Amendment No. 1") on November 30, 2020, Amendment No. 2 ("Amendment No. 2") on April 20, 2023, Amendment No. 3 ("Amendment No. 3") on January 2, 2025, Amendment No. 3 ("Amendment No. 4") on November 17, 2025, Amendment No. 5 ("Amendment No. 5") on March 11, 2026, and Amendment No. 6 ("Amendment No. 6") on March 19, 2026 (collectively, the "Schedule 13D"), on behalf of the Reporting Persons, to furnish the additional information set forth herein. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D.

Purpose of Transaction

Item 4. Purpose of Transaction   On March 20, 2026, the Reporting Persons purchased 78,382 shares of the Issuer's Common Stock for investment purposes.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer (c) On March 20, 2026, the Reporting Persons purchased 78,382 shares of Common Stock in open market transactions at a weighted average price of $34.9203 per share. These purchases were effected at prices ranging from $35.00 to $34.73 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.

Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer   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.     SIGNATURE     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.   BJ's Act III, LLC   Signature: /s/ Ronald M. Shaich Name/Title: Ronald M. Shaich/Chief Executive Officer Date: 03/23/2026   Act III Holdings, LLC   Signature: /s/ Ronald M. Shaich Name/Title: Ronald M. Shaich/Chief Executive Officer Date: 03/23/2026   Ro

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