RRGB CFO reports automatic tax sell-to-cover on vested RSUs
Rhea-AI Filing Summary
Red Robin Gourmet Burgers (RRGB) Chief Financial Officer activity: the company reported that its CFO sold 6,015 shares of common stock on 11/17/2025 at $4.15 per share. The filing explains that this was an automatic “sell-to-cover” transaction made by the issuer on behalf of the executive to cover tax withholding and related fees from the vesting of 15,131 time-based restricted stock units granted on November 14, 2022 under the 2017 Performance Incentive Plan. These transactions are stated not to be discretionary trades by the reporting person. Following the sale, the executive beneficially owned 195,487 shares, which include 130,641 time-based restricted stock units that remain subject to vesting and forfeiture conditions.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,015 | $4.15 | $25K |
Footnotes (3)
- F1. Represents the sale of shares by the issuer on behalf of the reporting person pursuant to automatic "sell-to-cover" transactions to cover tax withholding obligations and fees arising due to the vesting of 15,131 time-based restricted stock units that were granted to the reporting person on November 14, 2022 under the issuer's 2017 Performance Incentive Plan, as amended. These sell to cover transactions do not represent discretionary trades by the reporting person.
- F2. The price reported is the actual sale price of the shares. The shares were sold in a single transaction at $4.15 per share.
- F3. Includes 130,641 time-based restricted stock units subject to vesting and forfeiture restrictions.
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FAQ
What insider transaction did Red Robin (RRGB) report for its CFO?
The filing reports that the Chief Financial Officer of Red Robin Gourmet Burgers (RRGB) had 6,015 shares of common stock sold on 11/17/2025 at $4.15 per share.
How many unvested restricted stock units does the Red Robin (RRGB) CFO hold?
The reported holdings include 130,641 time-based restricted stock units that are still subject to vesting and forfeiture restrictions.
What equity plan governed the Red Robin (RRGB) restricted stock units in this Form 4?
The time-based restricted stock units that vested and triggered the sell-to-cover transaction were granted under Red Robin’s 2017 Performance Incentive Plan, as amended.