Gerald L. Morgan sold $3M of Texas Roadhouse, Inc. (TXRH) stock

Gerald L. Morgan, CEO, Executive Vice Chairman of Texas Roadhouse, Inc. (TXRH), sold 15,000 shares of TXRH stock worth $3M, per an SEC Form 4 filed Aug 22, 2026.

The sale was pre-arranged (a 10b5-1 plan or an option exercise), not a fresh decision.

The trade happened on Aug 21, 2026, 1 day before it was made public.

TXRH has moved -19.0% since the trade date, from $204.48 to $165.54 (Sep 21, 2026 close).