Texas Roadhouse (TXRH) CEO sells 5,000 shares under 10b5-1 stock plan
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
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)
- 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.
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.
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.
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.