Form 4: Texas Roadhouse Director Gregory Moore Sells Shares
SEC Filing
Director Gregory Moore sold 2,700 shares of Texas Roadhouse stock at $168.26 per share on February 24, 2025.
Summary
- Gregory N Moore, a director of Texas Roadhouse, Inc., sold 2,700 shares of common stock on February 24, 2025, at a price of $168.26 per share.
- Following the transaction, Moore directly owns 0 shares and indirectly owns 39,050 shares through the Moore Family Trust.
- Moore also holds 1,700 restricted stock units which vest on January 8, 2026, 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.
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 insiders.
Stakeholder Impact
- The stock sale by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock sale transaction |
| 02/26/2025 | Date of Form 4 filing |
| 01/08/2026 | Vesting and delivery date for restricted stock units |
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