Gerald L. Morgan - 24 Feb 2023 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Sean Renfroe, by Power of Attorney
Issuer symbol: TXRH
Transactions as of: 24 Feb 2023
Net transactions value: -$747,938
Form type: 4
Filing time: 24 Feb 2023, 19:30:14 UTC
Previous filing: 10 Jan 2023
Next filing: 19 May 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	Award	$0	+15,191	+17%	$0.000000	104,433	24 Feb 2023	Direct	F1
transaction	TXRH	Common Stock	Tax liability	$747,938	-7,109	-6.8%	$105.21	97,324	24 Feb 2023	Direct

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						13,900	24 Feb 2023	Common Stock	13,900		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Effective upon the issuance of the Company's audited financial statements on February 24, 2023, the Company's compensation committee certified the achievement of specified financial performance goals that determined the number of previously granted performance based restricted stock units, which vested on January 8, 2023 but became reportable on February 24, 2023.
F2	Each restricted stock unit represents a conditional right to receive one share of the Company's common stock.
F3	The restricted stock units vest on January 8, 2024. Delivery of the shares to the reporting person will occur on January 8, 2024, subject to the reporting person's continued service with the Company.