---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-132849"
form_type: "8-K"
ticker: "TXRH"
cik: "0001289460"
company_name: "Texas Roadhouse, Inc."
filed_at: "2024-12-31T23:59:59+00:00"
generated_at: "2026-05-28T21:30:05.056080+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Texas Roadhouse enters new employment agreements with CEO and five other execs, effective Jan 8, 2025

## Summary
- CEO Jerry Morgan gets $1.4M base salary, $2.1M service-based RSU for 2025, and up to $12.6M in performance-based RSUs.
- President Gina Tobin gets $725K base salary; CFO, COO, CTO, CCO each get $630K base and $525K target bonus.
- Performance-based RSUs vest over three years based on EPS growth: 10% (year 1), 21% cumulative (year 2), 33% cumulative (year 3) vs FY2024.
- Agreements run through Jan 7, 2028, with automatic one-year renewals; include separation pay, non-compete, and clawback provisions.
- Service-based RSUs granted Jan 8, 2025, vest Jan 8, 2026; performance-based RSUs also granted then, vesting one-third annually.

## SEC filing metadata
- accession: 0001104659-24-132849
- form_type: 8-K
- ticker: TXRH
- cik: 0001289460
- company_name: Texas Roadhouse, Inc.
- filed_at: 2024-12-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289460/000110465924132849/0001104659-24-132849-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289460/000110465924132849/tm2432052d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-132849
- JSON: https://secwatch.observer/filing/0001104659-24-132849.json
- Plain text: https://secwatch.observer/filing/0001104659-24-132849.txt

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