secwatch.observer — SEC 8-K summary
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Issuer:     RED ROBIN GOURMET BURGERS INC (RRGB)
CIK:        0001171759
Form:       8-K
Filed at:   2026-05-28T20:10:52+00:00
Accession:  0000950142-26-001522
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Red Robin agrees to sell 30 restaurants to Evergreen for $23.5M cash
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- Sale of 30 company-owned Red Robin restaurants in Washington and Idaho to Evergreen Dining LLC for $23.5 million in cash.
- Proceeds from the transaction will be used primarily to pay down outstanding debt and improve financial flexibility.
- Evergreen Dining is an experienced multi-unit operator with over 1,200 employees across its operating entities.
- Transaction expected to close in the second half of 2026, target date August 21, 2026, subject to customary closing conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171759/000095014226001522/0000950142-26-001522-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171759/000095014226001522/eh260785473_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-26-001522

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