Red Robin launches $40M ATM equity offering program with Evercore

RED ROBIN GOURMET BURGERS INC

Up to $40M in common stock may be sold from time to time through Evercore as sales agent at market prices.
Company intends to use net proceeds for working capital, debt repayment, and general corporate purposes.
Evercore will receive a commission of up to 3% of gross sales price; program may be terminated at any time.
Shares sold pursuant to effective S-3 shelf registration and prospectus supplement filed November 10, 2025.

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