Griffith Jesse 4

What Happened

• Jesse Griffith, Chief Operations Officer of Red Robin Gourmet Burgers (RRGB), had 1,402 shares sold on March 16, 2026 at $3.2108 per share (single transaction) for proceeds of roughly $4,502. The sale was a sell-to-cover related to the vesting of restricted stock units, not a discretionary open-market trade.

Key Details

• Transaction date and price: 2026-03-16, sold at $3.2108 per share (single transaction).
• Shares sold: 1,402; Gross proceeds: approximately $4,502.
• Reason/footnote: Sale executed automatically to cover tax withholding and fees on the vesting of 3,497 time-based RSUs granted March 13, 2024 (footnote F1).
• Holdings after transaction: Filing notes inclusion of 34,160 time-based restricted stock units subject to vesting/forfeiture (footnote F3). The sale does not represent a discretionary decision by the insider.
• Filing timeliness: Reported on Form 4 filed 2026-03-17 for a 2026-03-16 transaction (appears timely).

Context

• Sell-to-cover transactions are routine administrative sales to satisfy tax withholding when RSUs vest and generally do not signal management’s view on the company’s prospects. The amount involved here is small (≈$4.5k) relative to typical insider trades.