MOORE GREGORY N 4
Research Summary
AI-generated summary
Texas Roadhouse (TXRH) Director Gregory N. Moore Sells 1,700 Shares
What Happened Gregory N. Moore, a director of Texas Roadhouse, sold 1,700 shares in an open-market sale on March 6, 2026. The weighted average sale price reported was $171.59 per share, for total proceeds of approximately $291,703. Sales are often routine transactions by insiders and do not by themselves indicate a change in view on the company.
Key Details
- Transaction date: 2026-03-06 (open-market sale, code S)
- Shares sold: 1,700 at a weighted average price of $171.59; total proceeds ≈ $291,703
- Reported price range for the trades: $171.38 to $171.78 (weighted avg reported; detailed per-price allocation available on request per footnote)
- Shares owned after the transaction: Not specified in the provided Form 4 data
- Notable footnotes from the filing:
- F1: Weighted average sale price reported; specific per-price share counts can be provided to the SEC, company, or any security holder on request.
- F2: Moore is co-trustee of the Moore Family Trust and disclaims beneficial ownership of shares in which he has no pecuniary interest.
- F3/F4: Restricted stock units referenced represent conditional rights to receive shares; they vest and would be delivered on January 8, 2027, subject to continued service.
- Filing: Form 4 filed with accession 0001264324-26-000002 on 2026-03-06 (no late-filing indication in the provided data).
Context This was an outright sale of existing shares (open-market), not an options exercise or a grant. For retail investors, purchases by insiders often carry more weight as signals than routine sales, which can reflect diversification, tax planning, or trust activity—especially here given the trustee disclosure. The trust/co-trustee note and the RSU vesting details are administrative disclosures and do not by themselves indicate a change in company fundamentals.