Texas Roadhouse (TXRH) director Moore sells 1,250 shares and gifts 1,000 more
Rhea-AI Filing Summary
Texas Roadhouse, Inc. director Gregory N. Moore reported multiple equity-related moves involving shares held through the Moore Family Trust and an outstanding restricted stock unit award. The trust executed an open-market sale of 1,250 shares of common stock at $178.14 per share and a separate 1,000-share bona fide gift of common stock to the Kathleen C. Moore Foundation, a charitable organization where he serves as President and CEO. The filing also shows Moore directly holds 1,700 restricted stock units, each representing one share of common stock, scheduled to vest on January 8, 2027, subject to his continued service with the company. Footnotes state he is co-trustee of the Moore Family Trust with investment control but disclaims beneficial ownership of portions where he has no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,250 | $178.14 | $223K |
| Gift | Common Stock | 1,000 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (1)
- The reporting person is the co-trustee of the Moore Family Trust and has investment control over the securities. The reporting person disclaims beneficial ownership within the meaning of Rule 16a-1 of the Securities Exchange Act of 1934, as amended, of such portion of those shares in which the reporting person has no actual pecuniary interest. This transaction represents a bona fide gift of the Company's common stock to the Kathleen C. Moore Foundation, a charitable 501(c)(3) foundation that the reporting person serves as President and Chief Executive Officer. Each restricted stock unit represents a conditional right to receive one share of the Company's common stock. 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.