Insider Dumps 3,000 Shares of Restaurant Stock, Valued at $625,000
Moore's indirect sale through Moore Family Trust reduced his equity stake by 10%, leaving him with 26,900 shares valued at $5.64 million.
Overview
Gregory N. Moore, Director at Texas Roadhouse, Inc. (NASDAQ:TXRH), reported a sale of 3,000 shares of common stock on Aug. 11, 2026, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($208.32); post-transaction value based on Aug. 11, 2026, market close ($209.82).
Details
Texas Roadhouse, Inc. is a significant player in the casual dining restaurant sector, with a portfolio of over 500 company-operated locations and a growing franchise network. The company's diversified brand strategy and balanced company-operated/franchise model provide operational leverage and flexibility for geographic expansion. With TTM revenue of $6.2 billion and net income of $413.2 million, Texas Roadhouse demonstrates strong operational execution and pricing power in the competitive casual dining landscape.
Source
Originally published at www.fool.com.