Gerald L. Morgan - 28 Feb 2025 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Signature
/s/ Sean Renfroe, by Power of Attorney
Issuer symbol
TXRH
Transactions as of
28 Feb 2025
Net transactions value
-$1,531,541
Form type
4
Filing time
28 Feb 2025, 20:00:18 UTC
Previous filing
10 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXRH Common Stock Award $0 +19,218 +23% $0.000000 103,922 28 Feb 2025 Direct F1
transaction TXRH Common Stock Tax liability $1,531,541 -8,609 -8.3% $177.90 95,313 28 Feb 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TXRH Restricted Stock Units 11,600 28 Feb 2025 Common Stock 11,600 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective upon the issuance of the Company's audited financial statements on February 28, 2025, the Company's compensation committee certified the achievement of specified financial performance goals that determined the number of previously granted performance based restricted stock units, which vested on January 8, 2025 but became reportable on February 28, 2025.
F2 Each restricted stock unit represents a conditional right to receive one share of the Company's common stock.
F3 The restricted stock units vest on January 8, 2026. Delivery of the shares to the reporting person will occur on January 8, 2026, subject to the reporting person's continued service with the Company.