RAVE Restaurant CEO receives 41,344 shares

Q: How many RAVE shares did CEO Brandon Solano receive from RSUs?

The award resulted in 41,344 common shares issued on October 15, 2026, from restricted stock units representing 65,625 shares. The transaction also reports 24,281 shares delivered or withheld for payment of exercise price or tax liability at $2.17 per share.

Q: What conditions applied to Brandon Solano’s RAVE restricted stock units?

The restricted stock units were subject to vesting requirements and performance criteria. The performance criteria are based on multiple financial metrics.

The award’s performance criteria are based on multiple financial metrics, and the issuer retained shares for tax withholding.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

RAVE Restaurant Group, Inc. CEO Brandon Solano reported vesting of 65,625 restricted stock units on October 15, 2026. The award resulted in 41,344 common shares issued; 24,281 shares were delivered or withheld for payment of exercise price or tax liability at a reported $2.17 per share. The RSU footnote says the issuer retained 24,281 shares for tax withholding, based on the October 14, 2026 closing price. The RSU transaction lists zero units remaining afterward.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Solano Brandon

Role CHIEF EXECUTIVE OFFICER

Type	Security	Shares	Price	Value
Disposition	Restricted Stock Units ^{F1, F2}	65,625	--	--
Exercise	Common Stock	41,344	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	24,281	$2.17	$53K

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 636,495 shares (Direct)

Footnotes (2)

F1. Reflects the shares of Common Stock (a) issue on October 15, 2026, after vesting of restricted stock units awarded under the Issuer's 2015 Long Term Incentive Plan pursuant to completion of the requirements and performance criteria set forth in such plan, (b) net of the Issuer's retention of 24,281 shares the Reporting Person had the right to receive for tax withholding purposes pursuant to the plan based on the closing price of the Issuer's Common Stock on October 14, 2026.
F2. Reflects restricted stock units representing the right to receive shares of Common Stock upon satisfaction of vesting requirements and performance criteria. The performance criteria are based on multiple financial metrics.

Key Figures

Restricted stock units: 65,625 units Common shares issued: 41,344 shares Shares delivered or withheld: 24,281 shares +2 more

5 metrics

Restricted stock units 65,625 units Vested October 15, 2026

Common shares issued 41,344 shares Issued after RSU vesting on October 15, 2026

Shares delivered or withheld 24,281 shares Reported at $2.17 per share; issuer retention for tax withholding is described in the RSU footnote

Reported per-share price $2.17 per share Shares delivered or withheld on October 15, 2026

Restricted stock units following transaction 0 units Reported after the October 15, 2026 transaction

Key Terms

restricted stock units, 2015 Long Term Incentive Plan, performance criteria, tax withholding

4 terms

restricted stock units financial

"restricted stock units representing the right to receive shares"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2015 Long Term Incentive Plan financial

"awarded under the Issuer's 2015 Long Term Incentive Plan"

performance criteria financial

"performance criteria are based on multiple financial metrics"

tax withholding financial

"shares the Reporting Person had the right to receive for tax withholding purposes"

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RAVE shares did CEO Brandon Solano receive from RSUs?

The award resulted in 41,344 common shares issued on October 15, 2026, from restricted stock units representing 65,625 shares. The transaction also reports 24,281 shares delivered or withheld for payment of exercise price or tax liability at $2.17 per share.

What conditions applied to Brandon Solano’s RAVE restricted stock units?

The restricted stock units were subject to vesting requirements and performance criteria. The performance criteria are based on multiple financial metrics.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/16/2026 - 04:00 PM EDT Accepted by SEC EDGAR 10/16/2026 - 04:00 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Solano Brandon

(Last)

(First)

(Middle)

3551 PLANO PARKWAY

(Street)

THE COLONY

TEXAS

75056

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RAVE RESTAURANT GROUP, INC. [ RAVE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CHIEF EXECUTIVE OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/15/2026		M		41,344	A	$0	636,495	D
Common Stock	10/15/2026		F		24,281	D	$2.17	636,495	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	10/15/2026		D		65,625		10/15/2026	10/15/2026	Common Stock	65,625	⁽²⁾	0	D

Explanation of Responses:

1. Reflects the shares of Common Stock (a) issue on October 15, 2026, after vesting of restricted stock units awarded under the Issuer's 2015 Long Term Incentive Plan pursuant to completion of the requirements and performance criteria set forth in such plan, (b) net of the Issuer's retention of 24,281 shares the Reporting Person had the right to receive for tax withholding purposes pursuant to the plan based on the closing price of the Issuer's Common Stock on October 14, 2026.

2. Reflects restricted stock units representing the right to receive shares of Common Stock upon satisfaction of vesting requirements and performance criteria. The performance criteria are based on multiple financial metrics.

	/s/ Brandon Solano	10/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR