Christopher C. Colson - 23 Feb 2024 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Signature
/s/ Sean Renfroe, by Power of Attorney
Issuer symbol
TXRH
Transactions as of
23 Feb 2024
Transactions value $
-$308,947
Form type
4
Filing time
23 Feb 2024, 20:00:18 UTC
Previous filing
10 Jan 2024
Next filing
10 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXRH Common Stock Award $0 +4.07K +62.66% $0.00 10.6K 23 Feb 2024 Direct F1
transaction TXRH Common Stock Tax liability -$249K -1.67K -15.78% $149.03 8.91K 23 Feb 2024 Direct
transaction TXRH Common Stock Sale -$60.4K -405 -4.55% $149.05 8.5K 23 Feb 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
holding TXRH Restricted Stock Units 4.2K 23 Feb 2024 Common Stock 4.2K 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 23, 2024, 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, 2024 but became reportable on February 23, 2024.
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, 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.