Mussetter Sarah A. 4
4 · RED ROBIN GOURMET BURGERS INC · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Red Robin (RRGB) CLO Sarah Mussetter Receives Award
What Happened
Sarah A. Mussetter, Chief Legal Officer of Red Robin Gourmet Burgers, had 6,184 performance-based restricted stock units (PSUs) vest on Feb 17, 2026 (grant code A). To satisfy tax withholding and fees, the company withheld 3,023 of those shares on Feb 19, 2026 (code F) at an effective value of $3.32 per share, totaling $10,036. Net to Mussetter after withholding was 3,161 shares.
Key Details
- Transaction dates: PSUs vested 2026-02-17; shares withheld for taxes 2026-02-19. Filing date (Form 4): 2026-02-19. Filing appears timely.
- Prices/values: Awarded shares reported at $0.00 (vesting of PSUs); 3,023 withheld at $3.32/share = $10,036 withheld.
- Net change: +3,161 shares added to Mussetter’s beneficial ownership from this vesting event (6,184 vested − 3,023 withheld).
- Outstanding awards: Footnote reports an additional 81,817 time-based restricted stock units still subject to vesting/forfeiture.
- Footnotes: Vesting resulted from Compensation Committee certification that Relative TSR performance reached 31% of target for the 2023–2025 period. The withholding was approved under Rule 16b-3(d)(1) and is exempt from Section 16(b).
Context
This was a vesting of performance RSUs, not an open-market purchase or voluntary sale. The withholding of shares for taxes is a routine administrative action and does not indicate a market view; the transaction increases Mussetter’s net holdings by the net vested shares.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-17+6,184→ 116,861 total - Tax Payment
Common Stock
[F2][F3]2026-02-19$3.32/sh−3,023$10,036→ 113,838 total
Footnotes (3)
- [F1]Represents the acquisition of shares due to the vesting of 6,184 performance-based restricted stock units ("PSUs") under the issuer's 2017 Performance Incentive Plan for the 2023-2025 performance period, following the Compensation Committee's certification on February 17, 2026 of the Company's achievement of 31% of target of the Company's total shareholder return performance relative to a selected peer group (Relative TSR).
- [F2]Represents the withholding of shares by the issuer on behalf of the reporting person to satisfy tax withholding obligations and fees arising in connection with the vesting of the 6,184 PSUs. This transaction was approved by the issuer's Compensation Committee in accordance with Rule 16b-3(d)(1) of the Exchange Act (the "Act"), and as such, is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
- [F3]Includes 81,817 time-based restricted stock units subject to vesting and forfeiture restrictions.