Form 4: Red Robin Director Boosts Stake with Significant Stock Purchase
Insider Transaction Report
Anthony S. Ackil, a Director at Red Robin Gourmet Burgers Inc., purchased 14,910 shares of common stock, increasing his beneficial ownership to 103,802 shares.
Summary
- Anthony S. Ackil, a Director of Red Robin Gourmet Burgers Inc. (RRGB), executed a purchase of common stock.
- The transaction occurred on June 20, 2025.
- Mr. Ackil acquired 14,910 shares of common stock at a price of $5.03 per share.
- Following this transaction, Mr. Ackil's total beneficial ownership in Red Robin Gourmet Burgers Inc. stands at 103,802 shares.
- This total beneficial ownership includes 41,379 time-based restricted stock units, which are subject to vesting and forfeiture restrictions.
Sentiment
Score: 8
Explanation: The purchase of company stock by a director typically signals confidence in the company's future prospects and valuation, indicating a positive sentiment.
Positives
- A Director of Red Robin Gourmet Burgers Inc., Anthony S. Ackil, purchased 14,910 shares of common stock, signaling confidence in the company's future prospects.
- The purchase increases the director's total beneficial ownership to 103,802 shares, further aligning his interests with those of shareholders.
Stakeholder Impact
- Shareholders: The purchase of shares by a director may be viewed positively by existing and potential shareholders, potentially increasing investor confidence and aligning management interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 06/20/2025 | Date of the common stock acquisition transaction by Director Anthony S. Ackil. |
| 06/23/2025 | Date the Form 4 filing was signed by Carrie Etherton, Attorney-in-Fact for Anthony S. Ackil. |
Recommendation
holdKeywords
RRGB, Red Robin Gourmet Burgers, Insider Trading, Stock Purchase, Director, Common Stock, SEC Form 4
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