Texas Roadhouse (TXRH) director sells 2,640 shares of stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Roadhouse director Curtis Warfield reported an open-market sale of 2,640 shares of common stock at $183.05 per share. After the sale, he directly holds 5,361 common shares and 1,200 restricted stock units that each represent a right to one share.
The 1,200 restricted stock units vest on January 8, 2027, with share delivery on that date, subject to Warfield’s continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,640 shares ($483,252)
Net Sell
2 txns
Insider
Warfield Curtis
Role
null
Sold
2,640 shs ($483K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,640 | $183.05 | $483K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,361 shares (Direct, null);
Restricted Stock Units — 1,200 shares (Direct, null)
Footnotes (1)
- 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.
Key Figures
Shares sold: 2,640 shares
Sale price per share: $183.05 per share
Common shares held after: 5,361 shares
+2 more
5 metrics
Shares sold
2,640 shares
Open-market sale of common stock on 2026-05-11
Sale price per share
$183.05 per share
Price for 2,640 common shares sold
Common shares held after
5,361 shares
Direct ownership after reported sale
Restricted stock units
1,200 units
Each unit represents one share of common stock
RSU vesting date
January 8, 2027
Vesting and share delivery subject to continued service
Key Terms
Restricted Stock Units, open-market sale, conditional right, vest
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
"transaction_action: open-market sale"
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.
conditional right financial
"Each restricted stock unit represents a conditional right to receive one share of the Company's common stock."
vest financial
"The restricted stock units vest on January 8, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Curtis Warfield report at Texas Roadhouse (TXRH)?
Curtis Warfield reported selling 2,640 shares of Texas Roadhouse common stock in an open-market transaction at $183.05 per share. The filing also lists his updated share ownership and his outstanding restricted stock units tied to future vesting.
What restricted stock units does Curtis Warfield hold in Texas Roadhouse (TXRH)?
Curtis Warfield holds 1,200 restricted stock units tied to Texas Roadhouse common stock. Each unit represents a conditional right to receive one share, providing potential future equity, separate from his directly owned common shares disclosed in the same Form 4 filing.
When do Curtis Warfield’s Texas Roadhouse (TXRH) restricted stock units vest?
Curtis Warfield’s 1,200 restricted stock units vest on January 8, 2027. The company will deliver the corresponding common shares on that date, provided he continues serving with Texas Roadhouse through the vesting date under the terms described in the filing.