Red Robin (RRGB) grants 34,090 phantom RSUs to Chief People Officer
Rhea-AI Filing Summary
Kassem Humera reported acquisition or exercise transactions in this Form 4 filing.
RED ROBIN GOURMET BURGERS INC granted Chief People Officer Humera Kassem 34,090 Phantom Restricted Stock Units under its 2024 Performance Incentive Plan. Each unit represents a contingent right to receive one share of common stock, cash equal to one share, or a combination, at the company’s discretion.
One third of the Phantom RSUs are scheduled to vest on each of the first, second, and third anniversaries of the March 23, 2026 grant date. Following this award, Kassem holds 34,090 Phantom RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kassem Humera
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Restricted Stock Unit | 34,090 | $0.00 | $0.00 |
Holdings After Transaction:
Phantom Restricted Stock Unit — 34,090 shares (Direct)
Footnotes (1)
- F1. 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 the 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Red Robin (RRGB) disclose about Humera Kassem in this Form 4?
Red Robin reported a grant of 34,090 Phantom Restricted Stock Units to Chief People Officer Humera Kassem. These units were awarded under the 2024 Performance Incentive Plan and represent contingent rights to receive common stock, cash equal to one share, or a combination at vesting.
How many Phantom Restricted Stock Units did Red Robin (RRGB) grant to its Chief People Officer?
Red Robin granted 34,090 Phantom Restricted Stock Units to its Chief People Officer. Each Phantom RSU is tied to one share of common stock or its cash equivalent, giving Kassem a significant equity-linked compensation component aligned with the company’s stock performance over time.
What is the vesting schedule for Humera Kassem’s Phantom RSUs at Red Robin (RRGB)?
The 34,090 Phantom RSUs vest in three equal installments. One third vests on each of the first, second, and third anniversaries of the March 23, 2026 grant date, creating a three-year vesting period that encourages continued employment and long-term alignment with shareholders.
How can the Phantom RSUs granted by Red Robin (RRGB) be settled at vesting?
Each Phantom RSU can be settled in one share of Red Robin common stock, cash equal to one share, or a combination. The company decides the form of settlement on the vesting date, providing flexibility in how this equity-based compensation is ultimately delivered to Kassem.
What is Humera Kassem’s Phantom RSU balance after this Red Robin (RRGB) grant?
After the March 23, 2026 grant, Humera Kassem holds 34,090 Phantom Restricted Stock Units directly. This entire balance comes from the reported grant, reflecting her current equity-linked compensation position from these units as disclosed in the Form 4 filing.