Ackil Anthony S 4
Research Summary
AI-generated summary
Red Robin (RRGB) Director Ackil Anthony S Receives RSU Award
What Happened
- Director Ackil Anthony S received a grant of 31,662 restricted stock units (RSUs) on 2026-05-14 under Red Robin's 2024 Performance Incentive Plan. The Form 4 reports the acquisition at $0.00 (transaction code A), meaning no cash was paid for the award at grant.
Key Details
- Transaction date: 2026-05-14; Form 4 filed: 2026-05-15 (timely filing).
- Amount: 31,662 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — units are RSUs under the 2024 Performance Incentive Plan and represent the contingent right to one share per unit upon vesting; vesting occurs on the later of (x) 50 weeks after grant and (y) the Company’s next annual meeting. F2 — all 31,662 units are time‑based and subject to vesting and forfeiture restrictions.
- Transaction code: A = Award/Grant.
Context
- These RSUs are a compensation/retention award and do not represent immediately vested common stock; they convert to shares only if and when vesting conditions are met. Grants to directors are common and do not, by themselves, indicate a buy or sell sentiment.