James R. Zarley - 22 Nov 2022 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Role: Director
Signature: /s/ Sean Renfroe, by Power of Attorney
Issuer symbol: TXRH
Transactions as of: 22 Nov 2022
Net transactions value: -$4,144,175
Form type: 4
Filing time: 23 Nov 2022, 19:30:16 UTC
Previous filing: 24 May 2022
Next filing: 10 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TXRH	Common Stock	Sale	$4,144,175	-42,500	-56%	$97.51	32,843	22 Nov 2022	Direct	F1
holding	TXRH	Common Stock						18,900	22 Nov 2022	Zarley Investments LP	F2
holding	TXRH	Common Stock						4,000	22 Nov 2022	Zarley Family Foundation	F3
holding	TXRH	Common Stock						7,069	22 Nov 2022	James R. Zarley Living Trust	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	TXRH	Restricted Stock Units						2,200	22 Nov 2022	Common Stock	2,200		Direct	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Weighted average sale price reported. The shares were sold within the range of $97.03 and $97.70. 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.
F2	The reporting person is the General Partner of Zarley Investments LP and has investment control over the securities. The reporting person disclaims beneficial ownership within the meaning of Rule 16a-1 of the Securities Exchange Act of 1934, as amended, of such portion of those shares in which the reporting person has no actual pecuniary interest.
F3	The reporting person has investment control over the securities of Zarley Family Foundation. The reporting person disclaims beneficial ownership within the meaning of Rule 16a-1 of the Securities Exchange Act of 1934, as amended, of such portion of those shares in which the reporting person has no actual pecuniary interest.
F4	The reporting person is the Trustee of the James R. Zarley Living Trust and has investment control over the securities. The reporting person disclaims beneficial ownership within the meaning of Rule 16a-1 of the Securities Exchange Act of 1934, as amended, of such portion of those shares in which the reporting person has no actual pecuniary interest.
F5	Each restricted stock unit represents a conditional right to receive one share of the Company's common stock.
F6	The restricted stock units vest on January 8, 2023. Delivery of the shares to the reporting person will occur on January 9, 2023, subject to the reporting person's continued service with the Company.