Texas Roadhouse executive sells 1,000 TXRH shares
Texas Roadhouse, Inc. chief growth officer Marshall Lloyd Paul reported an open-market sale of 1,000 shares of common stock at $178.34 per share.
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Form Type
4
Rhea-AI Filing Summary
Texas Roadhouse, Inc. chief growth officer Marshall Lloyd Paul reported an open-market sale of 1,000 shares of common stock at $178.34 per share. After this transaction, he directly holds 10,326 shares of common stock.
He also holds restricted stock units covering 9,400 underlying shares that vest on January 8, 2027 and 2,700 underlying shares that vest on January 8, 2028, with share delivery in each case conditioned on his continued service with the company.
Insider Trade Summary
Net Seller: 1,000 shares
Net Sell
3 txns
Insider
Marshall Lloyd Paul
Role
CHIEF GROWTH OFFICER
Sold
1,000 shs ($178K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $178.34 | $178K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,326 shares (Direct);
Restricted Stock Units — 12,100 contracts (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a conditional right to receive one share of the Company's common stock.
- F2. The restricted stock units vest on January 8, 2027. Delivery of the shares to the reporting person will occur on January 8, 2027, subject to the reporting person's continued service with the Company.
- F3. The restricted stock units vest on January 8, 2028. Delivery of the shares to the reporting person will occur on January 8, 2028, subject to the reporting person's continued service with the Company.
Key Figures
Shares sold: 1,000 shares
Sale price: $178.34 per share
Common shares held: 10,326 shares
+3 more
6 metrics
Shares sold
1,000 shares
Open-market sale of common stock on May 14, 2026
Sale price
$178.34 per share
Price for 1,000 sold Texas Roadhouse common shares
Common shares held
10,326 shares
Direct ownership after reported sale
RSUs underlying shares (2027)
9,400 shares
Restricted stock units vesting on January 8, 2027
RSUs underlying shares (2028)
2,700 shares
Restricted stock units vesting on January 8, 2028
RSU exercise price
$0.00
Exercise price for reported restricted stock units
Key Terms
Restricted Stock Units, open-market sale, continued service, Common Stock
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a conditional right to receive one share of the Company's common stock."
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.
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
continued service financial
"Delivery of the shares to the reporting person will occur ... subject to the reporting person's continued service with the Company."
Common Stock financial
"underlying security title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Texas Roadhouse (TXRH) report for Marshall Lloyd Paul?
Texas Roadhouse reported that chief growth officer Marshall Lloyd Paul completed an open-market sale of 1,000 shares of common stock at $178.34 per share. Following this transaction, he directly holds 10,326 shares of Texas Roadhouse common stock.
What restricted stock units does Marshall Lloyd Paul hold in Texas Roadhouse (TXRH)?
Marshall Lloyd Paul holds restricted stock units representing 9,400 underlying shares of Texas Roadhouse common stock and an additional 2,700 underlying shares. Each restricted stock unit corresponds to a conditional right to receive one common share in the future.
When do Marshall Lloyd Paul’s Texas Roadhouse (TXRH) restricted stock units vest?
His restricted stock units vest in two tranches: units covering 9,400 underlying shares vest on January 8, 2027, and units covering 2,700 underlying shares vest on January 8, 2028. Share delivery in both cases depends on his continued service with the company.
How is the transaction type in Marshall Lloyd Paul’s Texas Roadhouse (TXRH) Form 4 described?
The Form 4 describes the transaction in common stock as an open-market sale coded “S,” indicating a sale in the open market or a private transaction. Two additional entries reflect holdings of restricted stock units rather than new purchases or option exercises.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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