Texas Roadhouse (TXRH) CEO sells 5,000 shares under 10b5-1 stock plan

Rhea-AI Filing Summary

Texas Roadhouse, Inc. CEO and executive vice chairman Gerald L. Morgan reported selling 5,000 shares of common stock on January 12, 2026 at a weighted average price of $187.13 per share, under a pre-arranged, non-discretionary Rule 10b5-1 stock purchase plan dated November 14, 2024. The shares in this transaction were sold within a price range of $187.00 to $187.32.

Following this sale, Morgan beneficially owned 96,774 shares of Texas Roadhouse common stock directly. He also held 12,200 restricted stock units that vest on January 8, 2027 and 60,800 restricted stock units that vest on January 8, 2031, each representing a conditional right to receive one share of common stock upon vesting and continued service with the company.

Insider Trade Summary

Net Seller: 5,000 shares ($935,650)

Net Sell 3 txns

Insider Morgan Gerald L.

Role CEO, EXECUTIVE VICE CHAIRMAN

Sold 5,000 shs ($936K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,000	$187.13	$936K
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Common Stock — 96,774 shares (Direct); Restricted Stock Units — 12,200 shares (Direct)

Footnotes (1)

1. These shares were disposed of pursuant to a written non-discretionary Rule 10b5-1 stock purchase plan dated November 14, 2024. Weighted average sale price reported. The shares were sold within the range of $187.00 and $187.32. The reporting person will provide full information regarding the specific number of shares sold at each separate price upon request by the Commission Staff, the Company, or any security holder of the Company. 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. The restricted stock units vest on January 8, 2031. Delivery of the shares to the reporting person will occur on January 8, 2031, subject to the reporting person's continued service with the Company.

Form 4 Insider Transactions: What Each Field Means →

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).

X

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^*

Morgan Gerald L.

(Last) (First) (Middle)

C/O TEXAS ROADHOUSE, INC.

6040 DUTCHMANS LANE

(Street)

LOUISVILLE KY 40205

(City) (State) (Zip)

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

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, EXECUTIVE VICE CHAIRMAN

3. Date of Earliest Transaction (Month/Day/Year)
01/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/12/2026		S		5,000(1)	D	$187.13(2)	96,774	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)							(4)	(4)	Common Stock	12,200		12,200	D
Restricted Stock Units	(3)							(5)	(5)	Common Stock	60,800		60,800	D

Explanation of Responses:

1. These shares were disposed of pursuant to a written non-discretionary Rule 10b5-1 stock purchase plan dated November 14, 2024.

2. Weighted average sale price reported. The shares were sold within the range of $187.00 and $187.32. The reporting person will provide full information regarding the specific number of shares sold at each separate price upon request by the Commission Staff, the Company, or any security holder of the Company.

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

4. 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.

5. The restricted stock units vest on January 8, 2031. Delivery of the shares to the reporting person will occur on January 8, 2031, subject to the reporting person's continued service with the Company.

	/s/ Sean Renfroe, by Power of Attorney	01/14/2026
	** 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.

FAQ

What insider transaction did TXRH CEO Gerald L. Morgan report?

Gerald L. Morgan reported selling 5,000 shares of Texas Roadhouse common stock on January 12, 2026 in an open-market sale.

At what price did the TXRH CEO sell his Texas Roadhouse shares?

The shares were sold at a weighted average price of $187.13 per share, within a range of $187.00 to $187.32.

Was the Texas Roadhouse (TXRH) CEO sale under a 10b5-1 plan?

Yes. The 5,000-share sale was made under a written non-discretionary Rule 10b5-1 stock purchase plan dated November 14, 2024.

How many Texas Roadhouse (TXRH) shares does Gerald L. Morgan own after the sale?

After the sale, Morgan beneficially owned 96,774 shares of Texas Roadhouse common stock directly.

What restricted stock units does the TXRH CEO hold?

Morgan holds 12,200 restricted stock units vesting on January 8, 2027 and 60,800 restricted stock units vesting on January 8, 2031, each for one share of common stock.

What do the Texas Roadhouse restricted stock units represent?

Each restricted stock unit represents a conditional right to receive one share of Texas Roadhouse common stock, subject to vesting and continued service.