Gerald L. Morgan - Jan 8, 2024 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Sean Renfroe, by Power of Attorney
Stock symbol
TXRH
Transactions as of
Jan 8, 2024
Transactions value $
-$625,689
Form type
4
Date filed
1/10/2024, 08:00 PM
Previous filing
Dec 20, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXRH Common Stock Options Exercise $0 +13.9K +17.41% $0.00 93.7K Jan 8, 2024 Direct F1
transaction TXRH Common Stock Tax liability -$626K -5.29K -5.64% $118.30 88.4K Jan 8, 2024 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
transaction TXRH Restricted Stock Units Options Exercise $0 -13.9K -100% $0.00* 0 Jan 8, 2024 Common Stock 13.9K Direct F2, F3
transaction TXRH Restricted Stock Units Award $0 +11K $0.00 11K Jan 8, 2024 Common Stock 11K Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that are fully vested on the transaction date.
F2 Each restricted stock unit represents a conditional right to receive one share of the Company's common stock.
F3 The restricted stock units vested on January 8, 2024. Delivery of the shares to the reporting person occurred on January 8, 2024.
F4 Grant of restricted stock units pursuant to the Company's 2021 Long Term Incentive Plan.
F5 The restricted stock units vest on January 8, 2025. Delivery of the shares to the reporting person will occur on January 8, 2025, subject to the reporting person's continued service with the Company.