secwatch.observer — SEC 8-K summary
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Issuer:     RED ROBIN GOURMET BURGERS INC (RRGB)
CIK:        0001171759
Form:       8-K/A
Filed at:   2022-12-21T23:59:59+00:00
Accession:  0000950142-22-003458
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Red Robin COO Michael Buchmeier departs Jan 31; severance $330K lump sum plus benefits
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- COO Michael Buchmeier's separation effective Jan 31, 2023; severance includes $330,000 cash (12 months base salary).
- 2022 annual bonus if earned plus cash for RSUs vesting in 2023 at $7.50/share; $15,000 outplacement.
- 12-month non-compete in burger-focused restaurant business in Colorado and specific casual dining chains.
- Unvested equity forfeited; vested options remain exercisable per award; PSUs eligible for retirement treatment.
- Executive subject to non-solicitation, non-disparagement, and confidentiality covenants post-termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171759/000095014222003458/0000950142-22-003458-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171759/000095014222003458/eh22035160_8ka1.htm
  HTML page:      https://secwatch.observer/filing/0000950142-22-003458

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