STOCK TITAN

Red Robin Gourmet Burgers Inc 8-K Filings

RRGB NASDAQ

Every 8-K that Red Robin Gourmet Burgers Inc (RRGB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow RRGB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RRGB filings page.

Rhea-AI Summary

RED ROBIN GOURMET BURGERS, INC. (RRGB) appointed Tiffany Dutton as Chief Accounting Officer, assuming principal accounting officer responsibilities effective September 21, 2026, reporting to Chief Financial Officer Mark Graff.

Dutton has over two decades of accounting and finance experience, including serving as Red Robin’s interim Chief Accountant since October 2025 and prior senior roles at Capital Senior Living (now Sonida Senior Living), Adeptus Health, RealPage, and Pier 1 Imports. She is a certified public accountant and began her career at Ernst & Young.

Her compensation includes an annual base salary of $300,000, an annual bonus opportunity targeted at 60% of base salary (prorated for 2026 and based on Company performance targets), and a restricted stock unit award with a target value of $100,000 vesting after one year. Beginning in 2027, she will be eligible for the Company’s Long-Term Incentive plan with a target opportunity equal to 60% of base salary. She will receive the Company’s standard indemnification agreement and will participate in the Executive Severance Plan, with cash severance multipliers of 1.0 and benefits continuation periods of 12 months in both change in control and non-change in control qualifying termination scenarios. The Company states there are no special arrangements, family relationships, or related-party transactions connected to her appointment.

Rhea-AI Summary

RED ROBIN GOURMET BURGERS, INC. (RRGB) has executed a major refranchising step by selling 116 company-owned restaurants across multiple states to three experienced franchise operators for an aggregate purchase price of approximately $96 million, including 108 restaurants already closed for about $89.4 million and 8 more expected to close by fiscal year end.

The buyers are Evergreen Dining (30 units for $23.5 million), Op Burgers (69 units for $62.5 million, of which 61 units for $55.9 million have closed and 8 units for $6.6 million are pending) and Kuber (17 units for $10.0 million). All locations will continue as franchised Red Robin restaurants under long-term franchise agreements.

The company plans to use substantially all net proceeds primarily to repay borrowings under its credit facility and for general corporate purposes. Pro forma data assume $96.0 million of debt repayment and show 2025 revenue of about $838.3 million and net income of $14.3 million instead of a net loss, with lower interest expense, while 2026 year-to-date pro forma results show lower revenue and a larger net loss as the refranchised units shift from restaurant revenue to franchise revenue.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. reported fiscal second quarter 2026 results for the quarter ended July 12, 2026. Total revenues were $277.6 million compared with $283.7 million a year earlier, while net income was $0.4 million versus $4.0 million in the prior-year quarter. Income from operations was $6.2 million, and adjusted EBITDA was $18.9 million, down from $22.4 million.

Operationally, comparable restaurant revenue increased 1.3%, driven by a 1.5% increase in average guest check and a modest 0.2% decline in guest traffic. Restaurant level operating profit margin improved to 14.7%, 20 basis points above the prior-year quarter and the highest second-quarter margin since 2022. As of July 12, 2026, the company had $167.2 million of borrowings under its credit facility and approximately $47.8 million of liquidity.

During the quarter, Red Robin announced three refranchising agreements covering 116 company-owned restaurants, expected to generate $96.0 million in gross proceeds in transactions anticipated to close in the third quarter, subject to customary conditions. Management reaffirmed full-year 2026 guidance, including comparable restaurant revenue growth of 0.5% to 1.5%, restaurant level operating profit of approximately 13.0%, and adjusted EBITDA of $70 million to $73 million, with capital expenditures of $25 million to $30 million.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. increased its Board of Directors from seven to eight members and appointed Michael Kappitt to fill the new seat, effective July 24, 2026. He will serve until the 2027 Annual Meeting of Stockholders or until a successor is duly elected and qualified, or earlier death, resignation, or removal.

The Board determined that Kappitt qualifies as an independent director under Nasdaq listing standards, and he will not initially serve on any Board committees. He previously served as Chief Operating and Insights Officer at Subway from March 2020 to August 2025 and held multiple leadership roles at Bloomin’ Brands, including President of Carrabba’s Italian Grill. Kappitt will receive compensation under the company’s standard non-employee director policies, and there are no related-party transactions requiring disclosure under Item 404(a) of Regulation S-K.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. expanded its Board of Directors from seven to eight members on July 17, 2026 and appointed Michael Kappitt to fill the new seat, effective July 24, 2026. He will serve until the 2027 Annual Meeting of Stockholders or until a successor is elected and qualified, or earlier death, resignation, or removal.

Kappitt is currently Chief Operating and Insights Officer at Subway and previously held leadership roles at Bloomin’ Brands, Inc. The Board determined he qualifies as an independent director under Nasdaq standards. He will receive the company’s standard non-employee director compensation. There are no related-party transactions with the company and he was not selected under any arrangement with another person.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. announced two major refranchising deals in which subsidiary Red Robin International agreed to sell assets of 86 company-owned restaurants for a total of $72.5 million in cash. Op Burgers will acquire assets related to 69 restaurants across eight states for $62.5 million, while Kuber will acquire assets related to 17 restaurants in Oregon and Washington for $10.0 million, with both buyers assuming certain related liabilities.

After closing, all 86 locations are expected to operate as franchised Red Robin restaurants under long-term franchise agreements. The company intends to use net proceeds from these transactions, together with a previously announced sale of 30 locations to Evergreen Dining, for approximately $96 million in total transaction value to reduce outstanding debt and support refinancing priorities under its “First Choice Plan.”

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. has agreed to sell the assets of 30 company-owned Red Robin restaurants in Washington and Idaho to Evergreen Dining LLC for $23.5 million in cash, subject to customary adjustments. Evergreen will assume certain related liabilities.

The deal is structured as an Asset Purchase Agreement between Red Robin International, Inc., a wholly owned subsidiary, and Evergreen. Closing is targeted on or about August 21, 2026, with an outside closing date of October 2, 2026, and is subject to due diligence, landlord consents, liquor license transfers, and any required lender consent.

After closing, Evergreen will operate the locations as franchised Red Robin restaurants under long-term franchise agreements. The company intends to use the net cash proceeds primarily to reduce outstanding indebtedness and continue executing on its “First Choice Plan” priorities.

Rhea-AI Summary

Red Robin Gourmet Burgers reported fiscal first quarter 2026 total revenues of $378.3 million, down from $392.4 million a year earlier, and posted a net loss of $2.2 million versus net income of $1.2 million.

Comparable restaurant revenue declined 0.6%, with guest traffic down 1.6% and average check up 1.0%. Restaurant-level operating profit margin improved to 14.8% from 14.3%, and adjusted EBITDA was $27.3 million compared with $27.9 million. Adjusted diluted EPS was $0.13 versus $0.19.

As of April 19, 2026, the company had $175.7 million of borrowings under its credit facility and about $40.8 million of liquidity. Management reaffirmed 2026 guidance, including comparable restaurant revenue growth of 0.5%–1.5%, restaurant-level operating profit of about 13%, adjusted EBITDA of $70–$73 million, and capital expenditures of $25–$30 million.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. held its annual stockholder meeting on May 14, 2026. Of the 18,135,330 shares outstanding as of the record date, 14,627,380 shares were present or represented by proxy, representing approximately 80.66% of eligible shares.

Stockholders elected all seven nominated directors to one-year terms, with support on each ranging from 91.95% to 97.60% of votes cast. They also approved, on an advisory basis, the compensation of named executive officers, with 84.61% of votes cast in favor.

Stockholders approved an amendment to the Amended and Restated Employee Stock Purchase Plan to increase authorized shares available for issuance, with 95.74% of votes cast in favor, and ratified Deloitte & Touche LLP as independent registered public accounting firm for the 2026 fiscal year, with 98.39% of votes cast supporting ratification.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. reported that Sarah A. Mussetter has resigned from her role as Chief Legal Officer and Secretary. Her resignation is effective May 15, 2026. Until that date, she will continue in her position and assist with the transition of her responsibilities.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. has appointed Mark Graff as Chief Financial Officer, effective May 4, 2026. He will become the company’s principal financial officer and principal accounting officer on May 31, 2026, succeeding interim CFO Christopher Meyer when his contractor agreement expires.

Graff previously led a $900 million business across more than 220 restaurants as President of Bonefish Grill and Fine Dining at Bloomin’ Brands and earlier held senior roles in finance, strategy and investor relations. Under his employment agreement, Graff receives a $500,000 annual base salary, an annual bonus targeted at 75% of salary (prorated for 2026), and an equity inducement award targeted at 120% of salary for 2026.

He will also participate in Red Robin’s standard executive benefit plans and its Executive Severance Plan, with a 1.0x cash severance multiplier and 12‑month benefits continuation period in both change in control and non‑change in control qualifying terminations, alongside customary non‑competition, non‑solicitation and confidentiality covenants.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. reported that fiscal 2025 revenue slipped to $1,210.2 million from $1,248.6 million, but profitability improved sharply. Net loss narrowed to $23.3 million from $77.5 million, while restaurant level operating profit margin rose to 12.7% from 10.8%. Adjusted EBITDA increased to $69.7 million, a 53% rise driven by higher average guest checks, efficiency initiatives, and lower corporate and selling expenses.

Comparable restaurant revenue excluding deferred loyalty revenue declined 0.3% for the year as guest traffic fell 3.8%, partly offset by 4.2% net menu pricing. As of December 28, 2025, the company had $170.2 million of borrowings under its credit facility and liquidity of about $56.9 million. For fiscal 2026, Red Robin targets comparable restaurant revenue growth of 0.5%–1.5%, restaurant level operating profit of roughly 13.0%, adjusted EBITDA of $70–73 million, and capital expenditures of $25–30 million.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. amended its cooperation agreement with the JCP and Jumana investor groups, extending a negotiated governance framework. The Company agreed to re-nominate James C. Pappas and Christopher Martin to its board at the 2026 annual meeting, with Pappas to serve as Chair of the Finance Committee afterward. The Board will take reasonable steps to keep its size at no more than eight directors during the cooperation period, while the investor groups remain subject to standstill and voting commitments. The amendment also defines the cooperation period through dates tied to the 2026 and 2027 annual meeting timelines and gives the Jumana parties the right to acquire an additional 1% of outstanding common shares if the stock’s volume-weighted average price stays below $4.00 for five consecutive trading days.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. entered a distribution agreement with Evercore Group L.L.C. to sell, from time to time, shares of common stock in an at‑the‑market offering with an aggregate offering price of up to $40.0 million. Sales will be made under the company’s effective Form S‑3, as described in a Prospectus dated July 5, 2024 and a Prospectus Supplement dated November 10, 2025.

Evercore will use commercially reasonable efforts to execute transactions based on the company’s instructions, and will receive a commission of up to 3% of the gross sales price. Either party may terminate the agreement upon notice.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. furnished an update on its business by announcing a press release with selected financial results for its fiscal third quarter ended October 5, 2025. The press release is included as Exhibit 99.1.

The company stated the information provided under Item 2.02, including Exhibit 99.1, is being furnished and not filed under the Exchange Act, and it will not be incorporated by reference into other filings except as specifically referenced.

Rhea-AI Summary

Red Robin Gourmet Burgers (RRGB) announced leadership updates and preliminary results. The company furnished a press release with selected preliminary unaudited financial results for the third fiscal quarter of 2025 as Exhibit 99.1; these figures are subject to adjustment and finalization.

CFO transition: Todd Wilson resigned as Chief Financial Officer effective December 12, 2025. The company stated his resignation is not due to any disagreement on operations, policies, or practices, and he will assist with the transition while a successor search is underway.

Operations leadership: The company appointed Jesse Griffith as Chief Operations Officer, effective October 30, 2025. His employment agreement includes a $425,000 annual base salary, an annual bonus target equal to 65% of base salary for fiscal 2025 (prorated), and a long‑term incentive target equal to 70% of base salary for fiscal 2026, along with standard benefits and customary restrictive covenants.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. announced that Chief Accounting Officer Robyn Arnell Brenden will resign effective October 17, 2025. She will continue in her role and assist with the transition until her departure. Immediately following her exit, CFO Todd Wilson will assume the responsibilities of principal accounting officer. The company stated there will be no change in Mr. Wilson’s compensation related to this added role.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. filed an amendment disclosing the departure of its Chief People Officer, Meghan Spuler, effective August 20, 2025. The company entered into a Severance Agreement effective August 27, 2025.

Under this agreement, Spuler will receive $375,000, equal to 12 months of her annual base salary, paid in installments over 12 months. She will also receive a lump-sum cash payment equal to a pro rata portion of her 2025 annual bonus, based on full-year actual company performance, and a lump-sum payment equal to 12 months of the company-paid portion of her group health insurance premiums if she elects COBRA.

All outstanding and unvested restricted stock units and performance stock units are forfeited, while vested awards remain governed by existing plan documents. Receipt of severance is conditioned on a waiver and release of claims and ongoing obligations including confidentiality, return of company property, a 12-month non-compete, non-solicitation of employees and certain business relationships, cooperation obligations, and mutual non-disparagement.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. reported that Meghan Spuler, the company's Chief People Officer, left her role effective August 20, 2025. The filing states that no new compensatory arrangement has been entered into as of the report date. The company expects to negotiate and execute a severance agreement with Ms. Spuler and says the material terms of any such agreement will be disclosed in an amendment to the report. This disclosure notifies investors of an executive departure and a forthcoming disclosure of severance terms.

Rhea-AI Summary

Red Robin Gourmet Burgers, Inc. reports that it issued a press release describing selected financial results for the fiscal second quarter ended July 13, 2025. The press release is attached to the current report as Exhibit 99.1.

The filing states that the information in Item 2.02, including Exhibit 99.1, is incorporated by reference but will not be treated as "filed" under the Exchange Act and is not automatically incorporated into other securities filings unless specifically referenced.