Red Robin director gets 13,295 restricted stock units
Kappitt Michael reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kappitt Michael reported acquisition or exercise transactions in this Form 4 filing.
Red Robin Gourmet Burgers Inc. director Michael Kappitt reported an equity compensation grant of 13,295 restricted stock units under the company’s 2024 Performance Incentive Plan. Each unit represents the right to receive one share of common stock upon vesting. The units vest on the later of fifty weeks after grant or the company’s next annual meeting of stockholders and are subject to vesting and forfeiture restrictions. Following this award, Kappitt’s reported direct holdings consist of these 13,295 time-based restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RRGB F1, F2 | 13,295 | $0.00 | $0.00 |
Footnotes (2)
- 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 13,295 time-based restricted stock units subject to vesting and forfeiture restrictions.
Key Figures
Key Terms
restricted stock units financial
2024 Performance Incentive Plan financial
time-based restricted stock units financial
vesting and forfeiture restrictions financial
FAQ
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What did Michael Kappitt acquire in this Form 4 for RRGB?
What is the vesting schedule of Michael Kappitt’s 13,295 RSUs in RRGB?
What is Michael Kappitt’s reported holding in RRGB after this transaction?
Are Michael Kappitt’s RRGB restricted stock units fully vested?
AI-generated analysis. How Rhea-AI works. Not financial advice.