{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-26-001781","form_type":"8-K","ticker":"RRGB","cik":"0001171759","company_name":"RED ROBIN GOURMET BURGERS INC","filed_at":"2026-06-15T20:10:23+00:00","discovered_at":"2026-06-15T20:11:00.308197+00:00","generated_at":"2026-06-15T20:11:40.198763+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Red Robin sells 86 restaurants for $72.5M in two refranchising deals to cut debt","bullets":["Op Burgers acquires 69 units in 8 states for $62.5M; Kuber acquires 17 units in OR/WA for $10M.","Combined with Evergreen Dining deal (30 units, ~$96M total) announced May 28, 2026.","Net proceeds to reduce outstanding debt and support 'First Choice Plan' refinancing.","Closings targeted by July 17 (Op Burgers) and Aug 28 (Kuber), subject to customary conditions.","Restaurants will continue as franchised Red Robin locations under long-term agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-26-001781","json":"https://secwatch.observer/filing/0000950142-26-001781.json","markdown":"https://secwatch.observer/filing/0000950142-26-001781.md","text":"https://secwatch.observer/filing/0000950142-26-001781.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1171759/000095014226001781/0000950142-26-001781-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1171759/000095014226001781/eh260793930_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T20:11:40.198763+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3dd028ada2587b3151db2b9eafc7b6fd6f67c7d9","claim":"RED ROBIN GOURMET BURGERS INC entered into Op Burgers APA with Op Burgers, LLC valued at $62.5 million (effective 2026-06-11).","evidence_excerpt":"On June 11, 2026, Red Robin International, Inc., a Nevada corporation (“RRI”) and wholly owned subsidiary of Red Robin Gourmet Burgers, Inc. (the “Company”), entered into an Asset Purchase Agreement (the “Op Burgers APA”) with Op Burgers, LLC, a Delaware limited liability company (“Op Burgers”), pursuant to which RRI agreed to sell certain assets related to 69 company-owned Red Robin restaurants located across Indiana, Kentucky, Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, and Virginia, and Op Burgers agreed to assume certain liabilities related to those restaurants, for an aggregate purchase price of $62.5 million in cash, subject to customary adjustments (the “Op Burgers Transaction”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1171759/000095014226001781/0000950142-26-001781-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Op Burgers, LLC"},{"label":"Value","value":"$62.5 million"},{"label":"Effective","value":"2026-06-11"}],"fact_type":"material_agreement"},{"claim_id":"417d91bd43953762a4a48b30f37ad695ad1ff3d8","claim":"RED ROBIN GOURMET BURGERS INC entered into Kuber APA with Kuber Oregon, LLC and Kuber Washington, LLC valued at $10.0 million (effective 2026-06-11).","evidence_excerpt":"On June 11, 2026, RRI entered into an Asset Purchase Agreement (the “Kuber APA,” and together with the Op Burgers APA, the “Asset Purchase Agreements”) with Kuber Oregon, LLC, an Oregon limited liability company, and Kuber Washington, LLC, a Washington limited liability company (collectively, “Kuber”), pursuant to which RRI agreed to sell certain assets related to 17 company-owned Red Robin restaurants located in Oregon and Washington, and Kuber agreed to assume certain liabilities related to those restaurants, for an aggregate purchase price of $10.0 million in cash, subject to customary adjustments (the “Kuber Transaction,” and together with the Op Burgers Transaction, the “Transactions”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1171759/000095014226001781/0000950142-26-001781-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Kuber Oregon, LLC and Kuber Washington, LLC"},{"label":"Value","value":"$10.0 million"},{"label":"Effective","value":"2026-06-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}