Texas Roadhouse (TXRH) director sells 339 shares, retains stock and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Roadhouse, Inc. director Jane Grote Abell reported an open-market sale of 339 shares of common stock at $177.43 per share. After this sale, she directly holds 2,161 common shares and restricted stock units tied to 1,200 underlying shares that are scheduled to vest on January 8, 2027, subject to her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 339 shares ($60,149)
Net Sell
2 txns
Insider
Abell Jane Grote
Role
null
Sold
339 shs ($60K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 339 | $177.43 | $60K |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,161 shares (Direct, null);
Restricted Stock Unit — 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: 339 shares
Sale price: $177.43 per share
Shares held after sale: 2,161 shares
+2 more
5 metrics
Shares sold
339 shares
Open-market sale of common stock
Sale price
$177.43 per share
Price for the 339 common shares sold
Shares held after sale
2,161 shares
Direct common stock holdings post-transaction
RSU underlying shares
1,200 shares
Restricted stock units each for one common share
RSU vesting date
January 8, 2027
Vesting and share delivery date for RSUs
Key Terms
Restricted Stock Unit, open-market sale, conditional right, vesting
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a conditional right to receive one share of the Company's common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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
"represents a conditional right to receive one share of the Company's common stock"
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
What insider transaction did Texas Roadhouse (TXRH) disclose for Jane Grote Abell?
Texas Roadhouse reported that director Jane Grote Abell sold 339 shares of common stock in an open-market transaction at $177.43 per share. This filing also shows her remaining direct holdings and unvested restricted stock units tied to additional common shares.
What restricted stock units does Jane Grote Abell hold in Texas Roadhouse (TXRH)?
She holds restricted stock units representing a conditional right to receive 1,200 Texas Roadhouse common shares. These units vest on January 8, 2027, and shares will be delivered on that date if she continues to provide service to the company until vesting.
When will Jane Grote Abell’s Texas Roadhouse (TXRH) restricted stock units vest?
Her restricted stock units are scheduled to vest on January 8, 2027. On that date, delivery of 1,200 Texas Roadhouse common shares will occur, provided she continues serving the company through the vesting date, as specified in the footnotes.