Insider Sale by Morgan Gerald L. (CEO, EXECUTIVE VICE CHAIRMAN)
Trade Summary
Yesterday, Morgan Gerald L., serving as CEO, EXECUTIVE VICE CHAIRMAN at Texas Roadhouse, Inc. (TXRH), sold 15,000 shares at $202.17 per share, for a total transaction value of $3,032,550.00. Following this transaction, Morgan Gerald L. now holds 80,970 shares of TXRH.
This sale represents a 15.63% decrease in Morgan Gerald L.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, August 21, 2026 and publicly disclosed via SEC Form 4 filing on Saturday, August 22, 2026 (accepted Aug 21, 8:00 PM ET), 1 day after the trade was made.
Texas Roadhouse, Inc. operates in the CONSUMER CYCLICAL sector, specifically within the RESTAURANTS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$202.17
Quantity
15,000
Total Value
$3,032,550.00
Shares Owned
80,970
Trade Date
1 days ago
SEC Filing Date
(accepted Aug 21, 8:00 PM ET)
Filed 1 day after trade
Discussion