What restricted stock units (RSUs) does Marshall Lloyd Paul have related to TXRH?

He holds RSUs tied to 2,700 underlying TXRH common shares and another block tied to 9,400 underlying shares. Each RSU represents a conditional right to receive one share of Texas Roadhouse common stock.

Texas Roadhouse CGO sells $102K in shares

Q: What insider transaction did TXRH executive Marshall Lloyd Paul report?

Marshall Lloyd Paul reported a sale of 500 shares of Texas Roadhouse, Inc. common stock on 2026-08-26 at $204.65 per share, in an open-market or private transaction, as indicated by transaction code S.

Q: When do Marshall Lloyd Paul’s TXRH restricted stock units vest?

The 2,700 RSUs vest on January 8, 2027, and the 9,400 RSUs vest on January 8, 2028. In each case, delivery of shares will occur on the vesting date, subject to his continued service with the company.

Q: Was Marshall Lloyd Paul’s TXRH stock sale under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), so the reported sale of 500 TXRH shares is not affirmed as made pursuant to a Rule 10b5-1 trading plan in this report.

Q: What was the approximate value of Marshall Lloyd Paul’s TXRH stock sale?

The reported sale of 500 shares at $204.65 per share represents an aggregate transaction value of about $102,325, based on the shares and price disclosed.

Texas Roadhouse, Inc. (TXRH) reported that Chief Growth Officer Marshall Lloyd Paul sold 500 shares of common stock on 2026-08-26 at $204.65 per share, leaving him with 9,826 common shares held directly.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Texas Roadhouse, Inc. (TXRH) reported that Chief Growth Officer Marshall Lloyd Paul sold 500 shares of common stock on 2026-08-26 at $204.65 per share, leaving him with 9,826 common shares held directly. He also holds 2,700 restricted stock units and 9,400 restricted stock units, each representing a right to one common share. These RSUs are scheduled to vest on January 8, 2027 and January 8, 2028, respectively, subject to his continued service with the company.

Insider Trade Summary

Net Seller: 500 shares

Net Sell 3 txns

Insider Marshall Lloyd Paul

Role CHIEF GROWTH OFFICER

Sold 500 shs ($102K)

Type	Security	Shares	Price	Value
Sale	Common Stock	500	$204.65	$102K
holding	Restricted Stock Units ^{F1, F2}	--	--	--
holding	Restricted Stock Units ^{F1, F3}	--	--	--

Holdings After Transaction: Common Stock — 9,826 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: 500 shares of Common Stock Sale price per share: $204.65 per share Transaction value: $102,325 +3 more

6 metrics

Shares sold 500 shares of Common Stock Sale on 2026-08-26 by Chief Growth Officer Marshall Lloyd Paul

Sale price per share $204.65 per share Price for the 500-share sale of TXRH common stock

Transaction value $102,325 500 shares sold at $204.65 per share

Common shares held after transaction 9,826 shares Direct ownership of TXRH common stock following the sale

RSUs underlying shares vesting 2027 2,700 underlying shares Restricted stock units vesting on January 8, 2027

RSUs underlying shares vesting 2028 9,400 underlying shares Restricted stock units vesting on January 8, 2028

Key Terms

Restricted Stock Units, conditional right, vesting

3 terms

Restricted Stock Units financial

"Each restricted stock unit represents a conditional right to receive one share"

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.

conditional right financial

"represents a conditional right to receive one share of the Company's"

vesting financial

"The restricted stock units vest on January 8, 2027."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did TXRH executive Marshall Lloyd Paul report?

Marshall Lloyd Paul reported a sale of 500 shares of Texas Roadhouse, Inc. common stock on 2026-08-26 at $204.65 per share, in an open-market or private transaction, as indicated by transaction code S.

How many TXRH shares does Marshall Lloyd Paul hold after this transaction?

After the reported sale, Marshall Lloyd Paul directly holds 9,826 shares of Texas Roadhouse, Inc. common stock, according to the Form 4 data.

When do Marshall Lloyd Paul’s TXRH restricted stock units vest?

The 2,700 RSUs vest on January 8, 2027, and the 9,400 RSUs vest on January 8, 2028. In each case, delivery of shares will occur on the vesting date, subject to his continued service with the company.

Was Marshall Lloyd Paul’s TXRH stock sale under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), so the reported sale of 500 TXRH shares is not affirmed as made pursuant to a Rule 10b5-1 trading plan in this report.

What was the approximate value of Marshall Lloyd Paul’s TXRH stock sale?

The reported sale of 500 shares at $204.65 per share represents an aggregate transaction value of about $102,325, based on the shares and price disclosed.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Available on EDGAR 08/27/2026 - 08:00 PM EDT Accepted by SEC EDGAR 08/27/2026 - 08:00 PM EDT

SEC Form 4

FORM 4

UNITED 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^*

Marshall Lloyd Paul

(Last)

(First)

(Middle)

C/O TEXAS ROADHOUSE, INC.

6040 DUTCHMANS LANE

(Street)

LOUISVILLE

KENTUCKY

40205

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Texas Roadhouse, Inc. [ TXRH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CHIEF GROWTH OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/26/2026		S		500	D	$204.65	9,826	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾							⁽²⁾	⁽²⁾	Common Stock	2,700		2,700	D
Restricted Stock Units	⁽¹⁾							⁽³⁾	⁽³⁾	Common Stock	9,400		9,400	D

Explanation of Responses:

1. Each restricted stock unit represents a conditional right to receive one share of the Company's common stock.

2. 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.

3. 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.

	/s/ Sean Renfroe, by Power of Attorney	08/27/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR