---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-23-001655"
form_type: "8-K/A"
ticker: "RRGB"
cik: "0001171759"
company_name: "RED ROBIN GOURMET BURGERS INC"
filed_at: "2023-06-09T23:59:59+00:00"
generated_at: "2026-06-14T03:33:01.637655+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Red Robin announces departure of SVP/Chief People Officer G. Wayne Davis; enters severance agreement

## Summary
- Departure effective May 1, 2023; severance agreement executed June 8, 2023.
- Lump-sum cash payment of $410,000 (12 months base salary) plus potential Q1 2023 bonus and prorated 2023 annual bonus.
- Cash payment for time-based RSUs that would have vested within one year at $14.00 per share; all unvested equity forfeited.
- 12 months of COBRA premium subsidy, life insurance premium, and $15,000 outplacement.
- 12-month non-compete in burger-focused restaurant business in Colorado and certain casual dining concepts nationally.

## SEC filing metadata
- accession: 0000950142-23-001655
- form_type: 8-K/A
- ticker: RRGB
- cik: 0001171759
- company_name: RED ROBIN GOURMET BURGERS INC
- filed_at: 2023-06-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1171759/000095014223001655/0000950142-23-001655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1171759/000095014223001655/eh230367833_8ka1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-23-001655
- JSON: https://secwatch.observer/filing/0000950142-23-001655.json
- Plain text: https://secwatch.observer/filing/0000950142-23-001655.txt

## Key facts
- Executive change
  G. Wayne Davis departed as Senior Vice President and Chief People Officer at RED ROBIN GOURMET BURGERS INC.
  - Action: departed
  - Role: Senior Vice President and Chief People Officer
  source text: On April 27, 2023, Red Robin Gourmet Burgers, Inc. (the “Company”) announced the departure of G. Wayne Davis, the Company’s Senior Vice President and Chief People Officer (the “Executive”), effective May 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1171759/000095014223001655/0000950142-23-001655-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.