BJ's Wholesale Club Holdings, Inc 8-K, filed Oct 15, 2026
BJ's Wholesale Club Holdings, Inc. (BJ)
About this 8-K
BJ's Wholesale Club Holdings, Inc filed this 8-K on October 15, 2026, reporting on events of September 22, 2026.
BJ’s Wholesale Club Holdings, Inc. approved settlement awards: Laura Felice received $250,000, and Bill Werner received $500,000 plus $500,000 in RSUs. Werner was promoted effective October 8, 2026, with an $800,000 annual base salary. AI summary
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Settlement Awards
In connection with the previously disclosed settlement of credit card interchange fee litigation in which BJ’s Wholesale Club Holdings, Inc. (the “Company”) was a plaintiff, on September 22, 2026, the Compensation Committee of the Company’s Board of Directors approved one-time awards for Laura Felice, the Company’s Executive Vice President, Chief Financial Officer, and Bill Werner, then the Company’s Executive Vice President, Strategy and Development, in recognition of their respective contributions to successfully resolving the matter. Ms. Felice’s award consisted of a lump sum cash payment of $250,000 and Mr. Werner’s award consisted of (i) a lump sum cash payment of $500,000 and (ii) restricted stock units (“RSUs”) granted on September 30, 2026, with a grant-date value of $500,000. Mr. Werner’s RSUs will vest in full on the second anniversary of the grant date, assuming his continued service through that date.
Promotion and Compensation Adjustment
On October 8, 2026, the Company announced the promotion of Bill Werner, formerly Executive Vice President, Strategy and Development, to Executive Vice President, Chief Development Officer, effective on the same date. In his new role, Mr. Werner will assume additional responsibilities for managing the Company’s business to business operations in addition to his current responsibilities leading growth strategies across the Company’s real estate and fuel operations.
In connection with his expanded responsibilities, Mr. Werner’s annual base salary was increased to $800,000. Mr. Werner’s employment agreement, dated as of May 10, 2021, remains unchanged and in effect.
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.
Date: October 15, 2026
| BJ’S WHOLESALE CLUB HOLDINGS, INC. | ||
| By: | /s/ Graham N. Luce | |
| Name: | Graham N. Luce | |
| Title: | Executive Vice President, Secretary | |