S. Chris Jacobsen - Apr 4, 2023 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Role: CHIEF MARKETING OFFICER
Signature: /s/ Sean Renfroe, by Power of Attorney
Stock symbol: TXRH
Transactions as of: Apr 4, 2023
Transactions value $: -$383,779
Form type: 4
Date filed: 4/6/2023, 08:30 PM
Previous filing: Feb 24, 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	-$384K	-3.49K	-12.74%	$110.06	23.9K	Apr 4, 2023	Direct	F1, F2

Showing 1 to 1 of 1 entries

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						4.3K	Apr 4, 2023	Common Stock	4.3K		Direct	F3, F4

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id	Content
F1	These shares were disposed of pursuant to a written non-discretionary Rule 10b5-1 stock purchase plan dated March 5, 2021.
F2	Weighted average sale price reported. The shares were sold within the range of $110.00 and $110.18. 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.
F3	Each restricted stock unit represents a conditional right to receive one share of the Company's common stock.
F4	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.