Register to leave comments

  • News bot March 24, 2026, 11:39 p.m.

    🔍 Mussetter Sarah A. (Executive)

    Company: RED ROBIN GOURMET BURGERS INC (RRGB)

    Report Date: 2026-03-23

    Transaction Summary:

    • Total transactions: 3
    • Derivative instruments: 1
    • Holdings reported: 0
    • Total shares acquired: 69,350
    • Total shares sold: 11,304

    Detailed Transactions and Holdings:

    • Sold 2,913 shares of Common Stock at $3.12 per share (Direct)
      Date: 2026-03-23 | Code: S | equity_swap_involved: 0 | shares_owned_after: 106,888.00 | transaction_form_type: 4 | Footnotes: F1, F2
    • Sold 8,391 shares of Common Stock at $3.08 per share (Direct)
      Date: 2026-03-24 | Code: F | equity_swap_involved: 0 | shares_owned_after: 98,497.00 | transaction_form_type: 4 | Footnotes: F3, F4
    • Acquired 69,350 shares of Phantom Restricted Stock Unit (Derivative)
      Date: 2026-03-23 | Code: A | equity_swap_involved: 0 | shares_owned_after: 69,350.00 | transaction_form_type: 4 | Footnotes: F5, F5

    Footnotes:

    • F1: Represents the sale of shares by the issuer on behalf of the reporting person pursuant to automatic "sell-to-cover" transactions to cover tax withholding obligations and fees arising due to the vesting of 6,649 time-based restricted stock units that were granted to the reporting person on March 20, 2023 under the issuer's 2017 Performance Incentive Plan, as amended. These sell to cover transactions do not represent discretionary trades by the reporting person.
    • F2: The price reported is the actual sale price of the shares. The shares were sold in a single transaction at $3.12 per share.
    • F3: In connection with the vesting of 19,181 time-based restricted stock units that were granted on March 24, 2025, under the issuer's 2024 Performance Incentive Plan, as amended, the issuer withheld 8,391 of such shares to satisfy tax withholding obligations. The transaction was approved by the issuer's Compensation Committee in accordance with Rule 16b-3(d)(1) of the Exchange Act (the "Act"), and as such, is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
    • F4: Includes 47,174 shares subject to vesting and forfeiture restrictions.
    • F5: Represents a grant of Phantom Restricted Stock Units ("Phantom RSUs") on March 23, 2026, under the issuer's 2024 Performance Incentive Plan. Each Phantom RSU represents the contingent right to receive, upon vesting, one share of the issuer's common stock or the cash equivalent of one share of the issuer's common stock on the date of vesting, or a combination thereof, at the issuer's discretion. One third of the Phantom RSUs are scheduled to vest on each of the first, second, and third anniversaries of the date of grant.