Regan Nicole Miller 4
Research Summary
AI-generated summary
Red Robin (RRGB) Director Regan Nicole Miller Receives RSU Award
What Happened Regan Nicole Miller, a director of Red Robin Gourmet Burgers, Inc. (RRGB), received an award of 31,662 restricted stock units (RSUs) on 2026-05-14 (transaction code A). The grant is reported at $0.00 per unit (no cash exchanged). Each RSU represents the contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-05-14; Form 4 filed 2026-05-15 (timely filing).
- Quantity and price: 31,662 RSUs awarded at $0.00 per unit.
- Vesting: Units vest on the later of (x) fifty weeks after grant and (y) the company’s next annual meeting of stockholders (per filing).
- Restrictions: Footnote states these are time-based RSUs subject to vesting and forfeiture.
- Shares owned after transaction: Not specified in the provided filing.
- Transaction code: A = Award/Grant.
Context RSUs are long-term equity compensation that convert into shares only if vesting conditions are met; they do not represent an immediate open-market purchase or sale. Grants to directors are common as part of compensation and do not, by themselves, indicate the director is buying or selling stock.