Red Robin director granted 31,662 RSUs
LUMPKIN STEVE reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
LUMPKIN STEVE reported acquisition or exercise transactions in this Form 4 filing.
RED ROBIN GOURMET BURGERS INC director Steve Lumpkin reported an equity award rather than an open-market trade. He received 31,662 shares of common stock as a grant of restricted stock units under the company’s 2024 Performance Incentive Plan at a price of $0.00 per share.
The restricted stock units each represent one future share and are scheduled to vest on the later of fifty weeks after the grant date and the company’s next annual shareholder meeting, and remain subject to vesting and forfeiture conditions. Following this grant, Lumpkin directly holds 108,290 shares of common stock, while 50,043 additional shares are held indirectly through the Steven K. Lumpkin Trust U/A.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,662 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents a grant of restricted stock units under the issuer's 2024 Performance Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock. The units are scheduled to vest on the later of (x) fifty weeks following the date of grant and (y) the Company's next annual meeting of stockholders.
- F2. Includes 31,662 time-based restricted stock units subject to vesting and forfeiture restrictions.
- F3. The shares are held indirectly through Steven K. Lumpkin Trust U/A.
Key Figures
Key Terms
restricted stock units financial
2024 Performance Incentive Plan financial
time-based restricted stock units financial
vesting and forfeiture restrictions financial
indirectly through Steven K. Lumpkin Trust U/A financial
FAQ
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What did Red Robin (RRGB) director Steve Lumpkin report in this Form 4?
When do Steve Lumpkin’s Red Robin (RRGB) restricted stock units vest?
What is the nature of Steve Lumpkin’s indirect Red Robin (RRGB) holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.