Red Robin withholds 1,800 and 2,744 shares for taxes
Both share withholdings were linked to vesting of separate time-based restricted stock unit awards granted in 2025.
Rhea-AI Filing Summary
RED ROBIN GOURMET BURGERS INC (RRGB) reported that its Chief People Officer, Kassem Humera, had 1,800 and 2,744 shares withheld on September 22, 2026, to satisfy tax withholding obligations tied to the vesting of 7,680 and 11,704 time-based restricted stock units, respectively. Each withholding was reported at $7.47 per share. The units were granted September 22, 2025, under the issuer’s 2024 Performance Incentive Plan, as amended.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 4,544 shares
Tax Withholding
2 txns
Insider
Kassem Humera
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,800 | $7.47 | $13K |
| Tax Withholding | Common Stock F2, F3 | 2,744 | $7.47 | $20K |
Holdings After Transaction:
Common Stock — 26,543 shares (Direct)
Footnotes (3)
- F1. In connection with the vesting of 7,680 time-based restricted stock units that were granted on September 22, 2025, under the issuer's 2024 Performance Incentive Plan, as amended, the issuer withheld 1,800 of such shares to satisfy tax withholding obligations. The transaction was approved by the issuer's Compensation Committee in accordance with Rule 16b-3(d)(1) of the Exchange Act (the "Act"), and as such, is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
- F2. In connection with the vesting of 11,704 time-based restricted stock units that were granted on September 22, 2025, under the issuer's 2024 Performance Incentive Plan, as amended, the issuer withheld 2,744 of such shares to satisfy tax withholding obligations. The transaction was approved by the issuer's Compensation Committee in accordance with Rule 16b-3(d)(1) of the Exchange Act (the "Act"), and as such, is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
- F3. Includes 11,703 shares subject to vesting and forfeiture restrictions.
Key Figures
Shares withheld: 1,800 shares
Shares withheld: 2,744 shares
Reported per-share amount: $7.47 per share
+3 more
6 metrics
Shares withheld
1,800 shares
September 22, 2026; tax withholding tied to vesting of 7,680 time-based restricted stock units
Shares withheld
2,744 shares
September 22, 2026; tax withholding tied to vesting of 11,704 time-based restricted stock units
Reported per-share amount
$7.47 per share
Both share withholdings on September 22, 2026
Time-based restricted stock units
7,680 units
Vesting connected to the 1,800-share withholding; granted September 22, 2025
Time-based restricted stock units
11,704 units
Vesting connected to the 2,744-share withholding; granted September 22, 2025
Shares subject to vesting and forfeiture restrictions
11,703 shares
Included in the reported post-transaction amount
Key Terms
time-based restricted stock units, tax withholding obligations, Rule 16b-3(d)(1), Section 16(b)
4 terms
time-based restricted stock units technical
"vesting of 7,680 time-based restricted stock units"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
tax withholding obligations financial
"withheld 1,800 of such shares to satisfy tax withholding obligations"
Rule 16b-3(d)(1) regulatory
"approved by the issuer's Compensation Committee in accordance with Rule 16b-3(d)(1)"
Section 16(b) regulatory
"exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e)"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Were Kassem Humera’s RRGB transactions under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.