secwatch.observer — SEC 8-K summary
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Issuer:     Texas Roadhouse, Inc. (TXRH)
CIK:        0001289460
Form:       8-K
Filed at:   2023-12-22T23:59:59+00:00
Accession:  0001104659-23-128829
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Texas Roadhouse sets 2024 executive compensation: bonuses and RSUs for five officers
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- CEO Jerry Morgan: target bonus $1.2M, max $2.4M; service-based RSUs $1.3M; performance-based RSUs $1.3M.
- President Gina Tobin: target bonus $650k, max $1.3M; service RSUs $500k; performance RSUs $400k target.
- Three other NEOs (Monroe, Colson, Mujica) each get $400k target bonus, $500k service RSUs, $300k target performance RSUs.
- Bonuses based on EPS growth and pre-tax profits; payout can range from $0 to 2x target.
- All RSUs to be granted Jan 8, 2024, vesting Jan 8, 2025, subject to employment and performance goals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289460/000110465923128829/0001104659-23-128829-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289460/000110465923128829/tm2333356d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-128829

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer