Martin Christopher Ross 4
Research Summary
AI-generated summary
Red Robin (RRGB) 10% Owner Martin Ross Receives RSU Award
What Happened Martin Christopher Ross, identified as a 10% owner of Red Robin Gourmet Burgers, was granted 31,662 restricted stock units (RSUs) on May 14, 2026. The filing reports these as an award (transaction code A) with a per-unit price of $0 because the grant conveys the contingent right to receive one share per unit upon vesting. This is a compensation/award transaction, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-14; Form filed: 2026-05-15 (accession 0002041913-26-000001).
- Grant: 31,662 restricted stock units (RSUs) recorded at $0 in the Form 4.
- Vesting: Units vest on the later of (x) 50 weeks after grant and (y) the Company’s next annual meeting of stockholders (per footnote). 31,662 are time-based and subject to vesting and forfeiture (footnote F2).
- Beneficial ownership notes: Reporting person disclaims beneficial ownership except for pecuniary interest (F3). Some common stock is owned directly by Jumana Capital Investments LLC; Mr. Ross, as Manager, may be deemed to beneficially own those shares (F4).
- Filing timeliness: Transaction reported in a Form 4 filed the day after the reported grant; no late filing indicated.
Context RSUs are a form of equity compensation that convert to shares if and when they vest; they are not an immediate market purchase or sale and do not by themselves signal buying or selling intent. For a 10% owner who also manages an entity holding shares, footnotes clarify the limited nature of beneficial ownership and standard vesting restrictions.