Red Robin CMO Scott Hudler named Section 16 insider
Red Robin’s Chief Marketing Officer filed an initial Form 3 with no insider trades or derivative positions reported.
Rhea-AI Filing Summary
RED ROBIN GOURMET BURGERS INC (RRGB) reports that Scott Hudler, serving as Chief Marketing Officer, has filed an initial Form 3 as an officer subject to Section 16 reporting. The filing lists no equity transactions or derivative positions and includes no Rule 10b5-1 trading plan indication.
Positive
- None.
Negative
- None.
Key Figures
Buy transactions: 0 transactions
Sell transactions: 0 transactions
Derivative transactions: 0 transactions
3 metrics
Buy transactions
0 transactions
Initial Form 3 transaction summary for Scott Hudler
Sell transactions
0 transactions
Initial Form 3 transaction summary for Scott Hudler
Derivative transactions
0 transactions
Derivative transaction count in the Form 3 summary
Key Terms
Form 3, Section 16, Rule 10b5-1
3 terms
Form 3 regulatory
"Scott Hudler has filed an initial Form 3 as an officer"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Section 16 regulatory
"officer subject to Section 16 reporting requirements"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 10b5-1 regulatory
"no Rule 10b5-1 trading plan indication"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing for RRGB disclose about Scott Hudler?
The Form 3 identifies Scott Hudler as an officer of RED ROBIN GOURMET BURGERS INC, holding the title Chief Marketing Officer, and subjects him to Section 16 insider reporting requirements.
Does the RRGB Form 3 for Scott Hudler report any stock purchases or sales?
No. The Form 3’s transaction summary shows 0 buy transactions, 0 sell transactions, and no other reported trades for Scott Hudler.
Are any derivative securities reported for Scott Hudler in RRGB’s Form 3?
No. The filing’s derivative summary is empty, and the transaction summary shows 0 derivative transactions and 0 holding entries for derivative securities.
Does the RRGB Form 3 indicate use of a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 indicator is null, and there are no footnotes or transactions describing activity under any trading plan.
What insider reporting obligations apply to RRGB’s Chief Marketing Officer?
As listed on Form 3, the Chief Marketing Officer is an officer of RED ROBIN GOURMET BURGERS INC and is therefore subject to ongoing Section 16 reporting on Forms 4 and 5 for future transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.