S. Chris Jacobsen - 04 Apr 2023 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Reporting relationship: CHIEF MARKETING OFFICER
Issuer ticker: TXRH
Reported as of: 04 Apr 2023
Net transaction value: -$383,779
SEC form: 4
Accepted by SEC: 06 Apr 2023, 20:30:08 UTC
Prior SEC filing: 24 Feb 2023
Source filing: View source filing
Reporting owner signature: /s/ Sean Renfroe, by Power of Attorney

Key filing fact

S. Chris Jacobsen filed Form 4 for Texas Roadhouse, Inc. (TXRH) on 06 Apr 2023.

Key facts

This page summarizes S. Chris Jacobsen's Form 4 filing for Texas Roadhouse, Inc. (TXRH).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 06 Apr 2023, 20:30.

Change

Previous filing in this sequence was filed on 24 Feb 2023.
Current net transaction value: -$383,779.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TXRH transaction

Common Stock

Sale

Transaction value: $383,779
Shares: -3,487
Change %: -13%
Price: $110.06
Shares after: 23,879
Date: 04 Apr 2023
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TXRH holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,300
Date: 04 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,300
Exercise price
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 4 footnotes

Footnote F1

These shares were disposed of pursuant to a written non-discretionary Rule 10b5-1 stock purchase plan dated March 5, 2021.

Footnote 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.

Footnote F3

Each restricted stock unit represents a conditional right to receive one share of the Company's common stock.

Footnote 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.