Form 4: Texas Roadhouse Director Michael Crawford Reports Stock Transactions
SEC Form 4 Filing
Director Michael Crawford reports the vesting and disposal of restricted stock units and the grant of additional units in Texas Roadhouse, Inc.
Summary
- On January 8, 2025, Director Michael Crawford vested and disposed of 1,900 shares of Texas Roadhouse common stock related to restricted stock units.
- These restricted stock units were fully vested on the transaction date and the shares were delivered to Crawford on the same day.
- Crawford also acquired 1,200 restricted stock units on January 8, 2025, which will vest on January 8, 2026, subject to continued service with the company.
- Following these transactions, Crawford directly owns 10,700 shares of common stock and 1,200 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by a company director, with no inherent positive or negative implications.
Future Outlook
The reporting person will receive shares of common stock on January 8, 2026, if they continue to serve with the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are part of standard executive compensation.
Key Dates
| Date | Description |
|---|---|
| 01/08/2025 | Restricted stock units vested and shares delivered; new restricted stock units granted. |
| 01/08/2026 | Restricted stock units vest, subject to continued service. |
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