Colson Christopher C. 4
Research Summary
AI-generated summary
Texas Roadhouse (TXRH) CHIEF BUSINESS & ADMIN OFFICER Christopher Colson Sells Shares
What Happened
Christopher C. Colson, Chief Business & Administrative Officer of Texas Roadhouse, sold 499 shares of TXRH stock in an open-market transaction on May 26, 2026. The shares were sold at $179.22 each for a total proceeds of approximately $89,431. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date and price: 2026-05-26 — 499 shares sold at $179.22 per share.
- Total proceeds: ~$89,431.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Transaction type/code: Open market sale (S).
- Filing date: Form 4 filed 2026-05-28 covering the May 26 transaction (appears timely).
- Notable footnotes:
- F1: Each restricted stock unit (RSU) represents a conditional right to receive one share.
- F2: A set of RSUs vest and will be delivered on January 8, 2027, subject to continued service.
- F3: Another set of RSUs vest and will be delivered on January 8, 2028, subject to continued service.
Context
This report documents a straight open-market sale of existing shares. The filing also discloses outstanding restricted stock units that will convert to shares on specified future vesting dates (Jan 8, 2027 and Jan 8, 2028) if the reporting person remains employed. The sale itself does not specify the insider’s motivation.