[144] Texas Roadhouse, Inc. SEC Filing

Rhea-AI Filing Summary

Texas Roadhouse (TXRH) filed a Form 144 reporting a proposed sale of 2,189 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $377,383.60 and an approximate sale date of 08/21/2025. The filing shows the shares were granted as restricted stock in two tranches: 1,169 shares acquired on 01/08/2024 and 1,020 shares acquired on 01/08/2025, each paid on their acquisition dates. No securities were reported sold by the person in the past three months. The filer affirms they do not possess undisclosed material information about the issuer and provides broker details for the transaction.

Positive

• Full Rule 144 disclosure provided including broker, share counts, acquisition dates, and aggregate market value
• Shares originated as restricted stock with acquisition and payment dates listed, indicating documented compensation-based origin
• Sale size is small relative to total shares outstanding (2,189 of 66,450,612, approximately 0.0033%), implying minimal dilution or market impact
• No sales in the past three months reported for the account, reducing potential concerns about rapid disposition

Negative

• None.

Insights

Financial Analyst

TL;DR Insider plans to sell a very small stake (2,189 shares, ~$377K) under Rule 144; transaction is routine and likely immaterial to valuation.

The sale size is small relative to outstanding shares (2,189 of 66,450,612, ~0.0033%), suggesting limited market impact. The shares were received as restricted stock in two recent grants, indicating this is an exercise of liquidity from compensation rather than a sale of long-held concentrated stock. The use of Morgan Stanley Smith Barney as broker and the explicit Rule 144 notice demonstrate compliance with resale mechanics and disclosure obligations.

Corporate Governance Expert

TL;DR Filing is a standard Rule 144 disclosure; no governance red flags or undisclosed issues are presented.

The filer certifies absence of material nonpublic information and records no related sales in the prior three months. The transaction stems from restricted stock awards dated 01/08/2024 and 01/08/2025, which aligns with routine executive or employee equity vesting and monetization. Documentation appears complete for a Rule 144 notice: broker identity, share counts, acquisition details, and aggregate value are provided.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2189	377383.60	66450612	08/21/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/08/2024	Restricted Stock	Issuer			1169	01/08/2024	Not Applicable
Common	01/08/2025	Restricted Stock	Issuer			1020	01/08/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does TXRH Form 144 report?

The filing reports a proposed sale of 2,189 common shares through Morgan Stanley Smith Barney with an aggregate market value of $377,383.60 and an approximate sale date of 08/21/2025.

Where did the shares originate for the TXRH sale?

The shares were acquired as restricted stock: 1,169 shares on 01/08/2024 and 1,020 shares on 01/08/2025, with payment recorded on each acquisition date.

How material is the proposed sale to TXRH shareholders?

The sale represents about 0.0033% of the 66,450,612 shares outstanding reported in the filing, indicating the transaction is likely immaterial to the market.

Did the filer sell other TXRH securities in the past three months?

No. The filing states Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.

What certification does the filer make in the Form 144?

The filer represents by signing the notice that they do not know any material adverse information about the issuer that has not been publicly disclosed.