Varnado Anddria 4

What Happened
Anddria Varnado, a director of Red Robin Gourmet Burgers, was granted 31,662 restricted stock units (RSUs) on 2026-05-14. The RSUs were reported at an acquisition price of $0.00 (total reported value $0). This is an award (compensation grant) rather than an open‑market purchase or sale; the units convert to common shares only upon vesting and are subject to forfeiture until then.

Key Details

• Transaction date: 2026-05-14; Transaction code: A (award/grant). Report filed 2026-05-15 (timely).
• Number of RSUs granted: 31,662; price per unit: $0.00; total reported value: $0.
• Shares owned after transaction: Not specified in the filing.
• Footnote summary: Grant is under the issuer's 2024 Performance Incentive Plan. Each RSU represents the contingent right to one share upon vesting. Units vest on the later of (x) 50 weeks after the grant date and (y) the Company's next annual meeting of stockholders. 31,662 units are time‑based and subject to vesting/forfeiture.
• No 10b5-1 plan, tax‑withholding sale, or cashless exercise reported.

Context
RSU grants are a common form of director/executive compensation and do not immediately change the public float until the units vest and shares are issued (or withheld for taxes). Because this was a time‑based award, it does not reflect an open‑market investment decision by the insider.