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Carrols Restaurant Group, Inc. Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest, by Pena Paulo A, was filed 15 Dec 2022.
Carrols Restaurant Group, Inc.: what insiders have been doing
Every trade that managers of Carrols Restaurant Group, Inc. disclose to SEC (Form 4) is tracked on this page. The company sits in the Retail & Commerce sector and is based in Syracuse, United States. It was founded in 1960. Nothing new has been filed by managers of Carrols Restaurant Group, Inc. in twelve months, the latest record being from 17 May 2024.
Over the whole record (from 2016), the tally stands at 75 purchases and 117 sales.
Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
Insider Decl.
404
Thresholds
n/a
Buy Volume
€2M
75 ops. · all time
Sell Volume
€3M
117 ops. · all time
Financial data
as of FY 2023FY ended December 2023 · cache
Income statement
RevenueUS$1.6B
Net incomeUS$29.1M1.8% margin
Last declaration on 17 May 2024
Declarations404 total
295,111 sharesCommon Stock, par value $0.01 per shareSEC:0001140361-24-026625:1
164,161 sharesCommon Stock, par value $0.01 per shareSEC:0001140361-24-026625:2
72,898 sharesCommon Stock, $0.01 par value (Restricted Common Stock)SEC:0000809248-24-000085:1
110,834 sharesCommon Stock, $0.01 par value (2023 Performance Stock Unit)SEC:0000809248-24-000085:2
110,834 sharesCommon Stock, $0.01 par value (2023 Performance Stock Unit)SEC:0000809248-24-000085:3
20,043 sharesCommon Stock, $0.01 par value (2024 Performance Stock Unit)SEC:0000809248-24-000085:4
20,043 sharesCommon Stock, $0.01 par value (2024 Performance Stock Unit)SEC:0000809248-24-000085:5
12,058 sharesCommon Stock, $0.01 par value (2023 Performance Stock Unit)SEC:0000809248-24-000064:1
12,058 sharesCommon Stock, $0.01 par value (2023 Performance Stock Unit)SEC:0000809248-24-000064:2
8,017 sharesCommon Stock, $0.01 par value (2024 Performance Stock Unit)SEC:0000809248-24-000064:3
8,017 sharesCommon Stock, $0.01 par value (2024 Performance Stock Unit)SEC:0000809248-24-000064:4
60,407 sharesCommon Stock, $0.01 par value (Restricted Common Stock)SEC:0000809248-24-000068:1
76,148 sharesCommon Stock, $0.01 par value (Restricted Common Stock)SEC:0000809248-24-000080:1
110,834 sharesCommon Stock, $0.01 par value (2023 Performance Stock Unit)SEC:0000809248-24-000080:2
110,834 sharesCommon Stock, $0.01 par value (2023 Performance Stock Unit)SEC:0000809248-24-000080:3
15,032 sharesCommon Stock, $0.01 par value (2024 Performance Stock Unit)SEC:0000809248-24-000080:4
15,032 sharesCommon Stock, $0.01 par value (2024 Performance Stock Unit)SEC:0000809248-24-000080:5
48,600 sharesCommon Stock, $0.01 par value (Restricted Common Stock)SEC:0000809248-24-000078:1
9,019 sharesCommon Stock, $0.01 par value (2024 Performance Stock Unit)SEC:0000809248-24-000078:2
9,019 sharesCommon Stock, $0.01 par value (2024 Performance Stock Unit)SEC:0000809248-24-000078:3
55,976 sharesCommon Stock, $0.01 par value (Restricted Common Stock)SEC:0000809248-24-000070:1
55,976 sharesCommon Stock, $0.01 par value (Restricted Common Stock)SEC:0000809248-24-000066:1
441,929 sharesCommon Stock, $0.01 par value (Restricted Common Stock)SEC:0000809248-24-000074:1
904,376 sharesCommon Stock, $0.01 par value (2023 Performance Stock Unit)SEC:0000809248-24-000074:2
904,376 sharesCommon Stock, $0.01 par value (2023 Performance Stock Unit)SEC:0000809248-24-000074:3
25 of 404 declarations
About Carrols Restaurant Group, Inc.
Carrols Restaurant Group, Inc. (NASDAQ: TAST) was a U.S.-based quick-service restaurant operator whose business was built primarily around franchised Burger King restaurants, with a smaller Popeyes footprint. Founded in 1960 in Syracuse, New York, Carrols grew into one of the largest Burger King franchisees in the United States and was headquartered in Syracuse, making it a domestically focused operator with a long operating history in the American restaurant industry. The company was listed on the NASDAQ market prior to its acquisition. ([carrols.com](https://carrols.com/corporate/?utm_source=openai))
Operationally, Carrols’ model was straightforward but scale-driven: it owned and operated branded restaurants rather than owning the consumer brands themselves. Its core engine was Burger King, where it ran more than 1,000 restaurants, complemented by roughly several dozen Popeyes locations. This franchise-centric structure tied Carrols’ performance to unit-level sales, traffic trends, labor efficiency, food and paper costs, and the ongoing support and marketing strength of the parent brands. ([carrols.com](https://carrols.com/corporate/?utm_source=openai))
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From a competitive perspective, Carrols held a meaningful position in the U.S. fast-food franchise landscape, especially within Burger King’s system. Its scale created advantages in training, purchasing, operating discipline, and the ability to spread overhead across a large restaurant base. At the same time, it operated in a highly competitive segment dominated by national and regional chains that compete aggressively on value menus, speed of service, product innovation, and convenience. That means Carrols’ economics were always closely linked to traffic trends and to the success of the underlying brands. ([carrols.com](https://carrols.com/corporate/?utm_source=openai))
The company’s product mix mirrored the menus of the concepts it operated. Burger King restaurants offered flame-grilled burgers, chicken sandwiches, fries, breakfast items, snacks, and beverages. Popeyes locations focused on Louisiana-style fried chicken, chicken sandwiches, tenders, wings, seafood, and side dishes. In investor terms, this is a mature quick-service foodservice model: relatively defensive in demand, but exposed to commodity inflation, wage pressure, and the capital required to refresh restaurants and keep customer experience competitive. ([carrols.com](https://carrols.com/corporate/?utm_source=openai))
A key recent development is that Carrols was acquired by Restaurant Brands International, the Burger King parent. RBI announced the deal in January 2024 and completed it in May 2024, paying approximately $1.0 billion in cash, or $9.55 per share. For investors analyzing SEC Form 4 insider transactions, the crucial point is that TAST is no longer an independent listed equity story in the same way it was before the transaction; instead, it should be viewed in the context of its integration into RBI. ([cnbc.com](https://www.cnbc.com/2024/01/16/burger-king-owner-restaurant-brands-buys-carrols-largest-us-franchisee.html?utm_source=openai))
