Red Robin Announces Board & Executive Changes
Ticker: RRGB · Form: 8-K · Filed: Feb 11, 2025 · CIK: 1171759
Sentiment: neutral
Topics: management-change, board-composition, executive-compensation
Related Tickers: RRGB
TL;DR
Red Robin shakes up board and exec pay, effective Feb 11, 2025.
AI Summary
Red Robin Gourmet Burgers, Inc. announced on February 11, 2025, changes in its board and executive compensation. Specifically, the company elected new directors and appointed new officers, alongside adjustments to their compensatory arrangements. These changes are effective as of February 11, 2025.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategy and execution.
Key Numbers
- 001-34851 — SEC File Number (Identifies the company's filing history with the SEC.)
- 84-1573084 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- RED ROBIN GOURMET BURGERS, INC. (company) — Registrant
- February 11, 2025 (date) — Effective date of report and changes
- Delaware (jurisdiction) — State of incorporation
- Englewood, Colorado (location) — Principal executive offices
FAQ
What specific roles were affected by the appointment of new officers?
The filing indicates the appointment of certain officers and adjustments to compensatory arrangements, but does not specify the exact roles affected in this summary.
Were there any director resignations mentioned in this filing?
The filing mentions the 'Departure of Directors or Certain Officers' as an item covered, but the specific details of any departures are not provided in the initial summary.
What is the nature of the compensatory arrangements being adjusted?
The filing states that there are adjustments to 'Compensatory Arrangements of Certain Officers,' but the specific details of these arrangements are not elaborated upon in the provided text.
When did these board and executive changes officially take effect?
The changes reported in this Form 8-K are effective as of February 11, 2025.
What is Red Robin Gourmet Burgers, Inc.'s primary business?
Red Robin Gourmet Burgers, Inc. operates in the 'RETAIL-EATING PLACES' sector, indicated by SIC code 5812.
Filing Stats: 444 words · 2 min read · ~1 pages · Grade level 11.4 · Accepted 2025-02-11 17:05:15
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value RRGB Nasdaq (Global Selec
Filing Documents
- eh250589715_8k.htm (8-K) — 24KB
- 0000950142-25-000317.txt ( ) — 193KB
- rrgb-20250211.xsd (EX-101.SCH) — 3KB
- rrgb-20250211_lab.xml (EX-101.LAB) — 33KB
- rrgb-20250211_pre.xml (EX-101.PRE) — 22KB
- eh250589715_8k_htm.xml (XML) — 4KB
From the Filing
FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 11, 2025 RED ROBIN GOURMET BURGERS, INC. (Exact name of registrant as specified in its charter) Delaware 001-34851 84-1573084 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 10000 E. Geddes Avenue , Suite 500 Englewood , Colorado 80112 (Address of principal executive offices) (Zip Code) ( 303 ) 846-6000 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value RRGB Nasdaq (Global Select Market) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 11, 2025, Red Robin Gourmet Burgers, Inc. (the "Company") announced the departure of Kevin Mayer, the Company's Chief Marketing Officer, effective February 11, 2025. As of the date of this report, no new compensatory arrangement has been entered into in connection with the departure of Mr. Mayer. The Company expects to enter into a severance agreement between the Company and Mr. Mayer, the material terms of which will be disclosed in an amendment to this Form 8-K. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 11, 2025 RED ROBIN GOURMET BURGERS, INC. By: /s/ Sarah A. Mussetter Name: Sarah A. Mussetter Title: Chief Legal Officer