Form 4: Red Robin Executive Meghan Spuler Reports Stock Grant and Holdings

Meghan Spuler, Chief People Officer of Red Robin Gourmet Burgers Inc., reports the acquisition of restricted stock units and current holdings of common stock and restricted stock units.

Summary

• On March 24, 2025, Meghan Spuler, Chief People Officer of Red Robin Gourmet Burgers Inc., reported a transaction involving the company's stock.
• Spuler acquired 28,286 shares of common stock through a grant of time-based restricted stock units under the issuer's 2024 Performance Incentive Plan.
• These restricted stock units represent the contingent right to receive one share of Red Robin's common stock upon vesting.
• One-third of the units are scheduled to vest on each of the first, second, and third anniversaries of the grant date.
• Following the reported transaction, Spuler beneficially owns 46,992 shares of common stock, which includes 42,083 time-based restricted stock units subject to vesting and forfeiture restrictions.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns management interests with shareholders.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders, incentivizing long-term performance.
• The vesting schedule encourages continued service and commitment to the company's success.

Future Outlook

The restricted stock units will vest over the next three years, contingent on continued service.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units to align management's interests with shareholder value.
• Vesting schedules of three years are common in the industry to incentivize long-term commitment.

Stakeholder Impact

• Shareholders may view the stock grant positively as it incentivizes the executive to improve company performance.
• Employees may see the grant as a sign of the company's commitment to its leadership team.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, RRGB, Red Robin, Spuler, Executive Compensation