Texas Roadhouse (NASDAQ: TXRH) awards director 1,000 restricted units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Roadhouse, Inc. reported that director Elizabeth K. Ingram acquired 1,000 restricted stock units of company common stock as a grant under the 2021 Long Term Incentive Plan. Each unit represents a right to receive one share and vests on January 8, 2027, with delivery of shares on that date, subject to her continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ingram Elizabeth K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,000 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a conditional right to receive one share of the Company's common stock. Grant of restricted stock units pursuant to the Company's 2021 Long Term Incentive Plan. 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.
FAQ
What insider transaction did Texas Roadhouse (TXRH) disclose for Elizabeth K. Ingram?
Texas Roadhouse disclosed that director Elizabeth K. Ingram received a grant of 1,000 restricted stock units. The award was made under the company’s 2021 Long Term Incentive Plan and represents additional equity-based compensation linked to her ongoing service on the board.
How many restricted stock units did the Texas Roadhouse (TXRH) director receive?
Director Elizabeth K. Ingram received 1,000 restricted stock units of Texas Roadhouse common stock. Each unit represents a conditional right to one share, granted as part of the company’s 2021 Long Term Incentive Plan for service-related equity compensation.
When do Elizabeth K. Ingram’s Texas Roadhouse (TXRH) restricted stock units vest?
Elizabeth K. Ingram’s 1,000 restricted stock units vest on January 8, 2027. On that date, shares are scheduled to be delivered to her, provided she continues to serve with Texas Roadhouse through the vesting date under the plan’s conditions.
What does each restricted stock unit represent for Texas Roadhouse (TXRH) stock?
Each restricted stock unit granted to Elizabeth K. Ingram represents a conditional right to receive one share of Texas Roadhouse common stock. Actual share delivery occurs on January 8, 2027, if she satisfies the continued service requirement specified in the award terms.
Under which equity plan were the Texas Roadhouse (TXRH) restricted stock units granted?
The 1,000 restricted stock units granted to director Elizabeth K. Ingram were issued under Texas Roadhouse’s 2021 Long Term Incentive Plan. This plan provides equity-based awards designed to align director and employee interests with long-term company performance and shareholder value.
Is Elizabeth K. Ingram’s ownership in Texas Roadhouse (TXRH) direct or indirect after this grant?
The filing indicates that Elizabeth K. Ingram holds the 1,000 restricted stock units as direct ownership. The nature of ownership is reported as direct, reflecting her personal entitlement to receive shares upon vesting and delivery, subject to continued service conditions.