Form 4: Texas Roadhouse Director Gregory N. Moore Sells 2,000 Shares
SEC Form 4 Filing
Director Gregory N. Moore sold 2,000 shares of Texas Roadhouse, Inc. at $171.64 per share on July 29, 2024.
Summary
- On July 29, 2024, Gregory N. Moore, a director of Texas Roadhouse, Inc., sold 2,000 shares of common stock at a price of $171.64 per share.
- Following the transaction, Moore directly owns 39,050 shares through the Moore Family Trust.
- Moore also holds 2,700 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: Neutral sentiment as it is a standard disclosure of stock sale by a director.
Future Outlook
Delivery of the shares related to the restricted stock units will occur on January 8, 2025, subject to the reporting person's continued service with the Company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their perception of the director's action.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of stock sale transaction |
| 07/31/2024 | Date of Form 4 filing |
| 01/08/2025 | Vesting date for restricted stock units |
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