STOCK TITAN

Texas Roadhouse (TXRH) director Carroll sells shares, holds future RSU awards

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Texas Roadhouse director Hugh J. Carroll reported an open-market sale of 988 shares of common stock at $170.96 per share. After this sale, he directly owns 866 common shares. The filing also shows he holds restricted stock units that can convert into additional common shares at no cost.

He has 2,667 restricted stock units that vest on July 2, 2026, with shares delivered on that date if he continues serving the company. Another 1,200 restricted stock units vest on January 8, 2027, also subject to continued service. These awards provide future equity exposure beyond his current common share holdings.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED 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*
Carroll Hugh J

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/16/2026S988D$170.96866D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1) (2) (2)Common Stock2,6672,667D
Restricted Stock Units(1) (3) (3)Common Stock1,2001,200D
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 July 2, 2026. Delivery of the shares to the reporting person will occur on July 2, 2026, subject to the reporting person's continued service with the Company.
3. 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.
/s/ Sean Renfroe, by Power of Attorney03/18/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Hugh J. Carroll report for Texas Roadhouse (TXRH)?

Hugh J. Carroll, a director of Texas Roadhouse, reported selling 988 shares of common stock in an open-market transaction at $170.96 per share. This filing reflects a net reduction in his directly held common shares while leaving his restricted stock units unchanged.

How many Texas Roadhouse (TXRH) shares does Hugh J. Carroll hold after the sale?

After the reported sale, Hugh J. Carroll directly owns 866 shares of Texas Roadhouse common stock. In addition, he holds restricted stock units that can convert into more common shares in future years, subject to their vesting conditions and his continued service with the company.

What restricted stock units does Hugh J. Carroll hold in Texas Roadhouse (TXRH)?

He holds two blocks of restricted stock units, each representing a right to receive one share of common stock. One block covers 2,667 underlying shares and another covers 1,200 underlying shares, both at a conversion price of $0.00 per share, providing potential future equity ownership.

When do Hugh J. Carroll’s Texas Roadhouse (TXRH) restricted stock units vest?

One grant of restricted stock units vest on July 2, 2026, and another on January 8, 2027. On each vesting date, delivery of the underlying common shares occurs if Hugh J. Carroll continues his service with Texas Roadhouse through that date, as described in the filing footnotes.

Does the Texas Roadhouse (TXRH) Form 4 show any option exercises or gifts?

The Form 4 shows no option exercises, gifts, or tax-withholding dispositions. It reports one open-market sale of common stock and two holding entries for restricted stock units, which are unexercised equity awards that may settle in shares upon vesting if service conditions are satisfied.

What does a restricted stock unit mean in the Texas Roadhouse (TXRH) filing?

Each restricted stock unit represents a conditional right to receive one share of Texas Roadhouse common stock. According to the footnotes, the actual delivery of shares occurs on specified vesting dates, provided the reporting person continues to serve the company through those dates under the award terms.
Texas Roadhouse Inc

NASDAQ:TXRH

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