STOCK TITAN

Red Robin (RRGB) grants director 13,295 time-based restricted stock units

(Neutral)
(Neutral)
Form Type
4

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

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Insider Kappitt Michael
Role Director
Type Security Shares Price Value
Grant/Award RRGB F1, F2 13,295 $0.00 $0.00
Holdings After Transaction: RRGB — 13,295 shares (Direct)
Footnotes (2)
  1. 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.
  2. F2. Includes 13,295 time-based restricted stock units subject to vesting and forfeiture restrictions.
Restricted stock units granted 13,295 units Grant of time-based RSUs to director Michael Kappitt
Price per unit 0.0000 per share Reported transaction price for the RSU grant
Holdings after transaction 13,295 units Total direct time-based RSUs reported following the grant
Vesting period trigger fifty weeks Units vest later of fifty weeks after grant and next annual meeting
restricted stock units financial
"Represents a grant of restricted stock units under the issuer's 2024 Performance"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2024 Performance Incentive Plan financial
"grant of restricted stock units under the issuer's 2024 Performance Incentive Plan"
time-based restricted stock units financial
"Includes 13,295 time-based restricted stock units subject to vesting"
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.
vesting and forfeiture restrictions financial
"time-based restricted stock units subject to vesting and forfeiture restrictions"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Michael Kappitt acquire in this Form 4 for RRGB?

Michael Kappitt received a grant of 13,295 restricted stock units of Red Robin Gourmet Burgers Inc. Each unit represents the contingent right to receive one share of common stock upon vesting under the 2024 Performance Incentive Plan.

What is the vesting schedule of Michael Kappitt’s 13,295 RSUs in RRGB?

The 13,295 restricted stock units are scheduled to vest on the later of fifty weeks following the grant date and the company’s next annual meeting of stockholders, and are subject to vesting and forfeiture restrictions.

What is Michael Kappitt’s reported holding in RRGB after this transaction?

After the transaction, Michael Kappitt’s reported direct holdings consist of 13,295 time-based restricted stock units. All reported units are subject to vesting and forfeiture restrictions under Red Robin Gourmet Burgers Inc.’s 2024 Performance Incentive Plan.

Was cash paid per share for Michael Kappitt’s RRGB restricted stock units?

No cash price was paid; the Form 4 reports a per-unit transaction price of 0.0000. This reflects an equity compensation grant/award of restricted stock units under the company’s 2024 Performance Incentive Plan rather than a market purchase.

Are Michael Kappitt’s RRGB restricted stock units fully vested?

No. The filing states the 13,295 time-based restricted stock units are subject to vesting and forfeiture restrictions and will vest on the later of fifty weeks after grant and the company’s next annual meeting of stockholders.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kappitt Michael

(Last)(First)(Middle)
10000 E GEDDES AVENUE SUITE 500

(Street)
ENGLEWOOD COLORADO 80112

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RED ROBIN GOURMET BURGERS INC [ RRGB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
RRGB08/05/2026A13,295(1)A$013,295(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. Includes 13,295 time-based restricted stock units subject to vesting and forfeiture restrictions.
/s/ Carrie Etherton, Attorney-in-Fact08/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)