Griffith Jesse 4

What Happened Jesse Griffith, Chief Operations Officer of Red Robin Gourmet Burgers (RRGB), was granted 2,038 performance-based restricted shares (PSUs) that vested following certification of performance on Feb 17, 2026. The award was recorded at $0.00 per share (award/grant). To satisfy tax withholding and fees, 1,027 of those shares were withheld/disposed on Feb 19, 2026 at $3.32 per share, generating approximately $3,410. Net shares delivered to Griffith were 1,011.

Key Details

• Transaction dates: Award/vesting certified 2026-02-17; withholding/disposition 2026-02-19.
• Award: 2,038 PSUs granted/vested (2017 Performance Incentive Plan, 2023–2025 performance period).
• Withholding: 1,027 shares withheld at $3.32/share for ~$3,410 to cover tax obligations (reported as a disposition).
• Footnotes: Compensation Committee certified achievement of 31% of target for Relative TSR (F1); withholding approved under Rule 16b-3(d)(1) and exempt under Rule 16b-3(e) (F2); filing shows 37,657 time-based RSUs remain subject to vesting/forfeiture (F3).
• Filing timeliness: Report filed Feb 19, 2026 for a Feb 17, 2026 vesting — within the typical 2-business-day Form 4 window (not reported late).
• The Form reports the grant and the withholding; it does not disclose total common shares beneficially owned in this summary.

Context PSUs convert to shares only if specified performance goals are met; this award reflects partial attainment (31% of target) for the 2023–2025 Relative TSR metric. Withholding of shares to cover taxes is a routine administrative step and does not necessarily indicate a voluntary sale or change in insider sentiment.