Form 4: Texas Roadhouse President Sells Shares Under 10b5-1 Plan

Regina A. Tobin, President of Texas Roadhouse, Inc., sold 3,154 shares of common stock at an average price of $185.64 on March 5, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Regina A. Tobin, President of Texas Roadhouse, Inc., reported a transaction involving the company's common stock on March 5, 2025.
• She sold 3,154 shares at a weighted average price of $185.64 per share, with individual sales prices ranging from $184.26 to $187.00.
• The sale was executed under a pre-arranged Rule 10b5-1 stock purchase plan established on November 18, 2024.
• Following the transaction, Tobin directly owns 18,414 shares of Texas Roadhouse common stock.
• She also holds 4,000 restricted stock units, each representing a conditional right to receive one share of common stock, which vest on January 8, 2026, contingent upon continued service with the company.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine transaction under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment towards the company's prospects.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting of restricted stock units.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates