Form 4: Texas Roadhouse Director Donna E. Epps Sells 670 Shares
SEC Form 4 Filing
Director Donna E. Epps sold 670 shares of Texas Roadhouse, Inc. (TXRH) common stock at a price of $149.97 on March 7, 2024.
Summary
- On March 7, 2024, Donna E. Epps, a director of Texas Roadhouse, Inc. (TXRH), sold 670 shares of common stock at $149.97 per share.
- Following the transaction, Epps directly owns 4,142 shares of Texas Roadhouse common stock.
- Epps also holds 1,900 restricted stock units, which will vest on January 8, 2025, and will be delivered on the same date, contingent upon continued service with the company.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company directors and officers.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: Donna E. Epps sold 670 shares of Texas Roadhouse stock. |
| 03/08/2024 | Date of signature on the Form 4 filing. |
| 01/08/2025 | Vesting date for 1,900 restricted stock units held by Donna E. Epps. |
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