Joshua Todd Wilson - Mar 21, 2025 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)

Signature
/s/ Carrie Etherton, Attorney-in-Fact
Stock symbol
RRGB
Transactions as of
Mar 21, 2025
Transactions value $
-$8,557
Form type
4
Date filed
3/25/2025, 07:02 PM
Previous filing
Mar 18, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRGB Common Stock Sale -$4.68K -1.13K -1.03% $4.16 108K Mar 21, 2025 Direct F1, F2, F3
transaction RRGB Common Stock Sale -$3.88K -932 -0.86% $4.16 107K Mar 24, 2025 Direct F1, F3, F4
transaction RRGB Common Stock Award $0 +94.3K +87.94% $0.00 202K Mar 24, 2025 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the sale of shares by the issuer on behalf of the reporting person pursuant to automatic "sell-to-cover" transactions to cover tax withholding obligations and fees arising due to the vesting of 7,877 time-based restricted stock units that were granted to the reporting person on March 20, 2023 under the issuer's 2017 Performance Incentive Plan, as amended. These sell to cover transactions do not represent discretionary trades by the reporting person.
F2 The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $4.04 to $4.24, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
F3 Includes 51,484 time-based restricted stock units subject to vesting and forfeiture restrictions.
F4 The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $4.13 to $4.20, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
F5 Represents a grant of time-based restricted stock units under the issuer's 2024 Performance Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock. One-third of the units are scheduled to vest on each of the first, second, and third anniversaries of the date of grant.
F6 Includes 145,772 time-based restricted stock units subject to vesting and forfeiture restrictions.