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No insider purchase over the last 90 days. The latest, by Maceda Jason, was filed 27 May 2025.
Good Times Restaurants Inc.: what insiders have been doing
This page follows insider dealings at Good Times Restaurants Inc. as filed with SEC (Form 4), a company from the Retail sector. In the past year (22 October 2025 to 22 October 2026), 1 filing came from 1 insider.
Not one of the filings records a straightforward purchase or sale on the market. Grants and option exercises follow pay plans set in advance, so they reveal less about an insider's own view than a purchase made with personal money.
No insider has bought Good Times Restaurants Inc. shares on the open market in the past twelve months.
Compared with its exchange (3,171 companies, median 24 filings), a count of 1 filing is below the norm. Over the whole record (from 2016), the tally stands at 206 purchases and 36 sales. On the fundamentals side, the SEC filing (10-K) for the period ending 30 September 2025 lists revenue at 141.6 m USD and net income at 1.0 m USD.
Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
Insider Decl.
371
Thresholds
n/a
Buy Volume
€3M
206 ops. · all time
Sell Volume
€452,600
36 ops. · all time
Who traded when
BuySaleJason Maceda2 buys
Donald L. Stack1 sale
Since the insiders bought
- -17.6%Entry US$1.59 · Close at T+365 US$1.31
- -30.4%Entry US$2.57 · Close at T+365 US$1.79
- -3.4%Entry US$2.62 · Close at T+365 US$2.53
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 19,564 of 26,280 companies
34.8
score / 100
Value46
Quality24
FCF yld-10%
Earn yld7.2%
EV/EBITDA12.4x
ROE6.6%
Gross mgn9.6%
Net mgn0.7%
Debt/EBITDA9.3x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended September 2025 · cache
US$1.34
Analyst consensus
Income statement
RevenueUS$141.6M
Gross profitUS$13.5M10% margin
EBITDAUS$4.5M3% margin
Net incomeUS$1M1.7% margin
Valuation
PER (trailing)6.4x
P/Book0.4x
Beta0.60
Balance sheet & cash
Market capUS$14.1M
Total debtUS$41.8M
Free Cash Flow-US$1.5M
Debt / Equity99%
Profitability & ownership
ROE6.6%
ROA1.0%
% insiders25.6%
% institutions11.5%
Last declaration on 12 November 2025
Declarations371 total
1,750 shares0Common StockSEC:0001214659-25-016228:0
3,800 shares@ US$1.5818.0% of flowCommon StockSEC:0001214659-25-008393:0
Canonical exit: 20 Aug 2025 (T+90)
1,085 shares@ US$1.605.3% of flowCommon StockSEC:0001214659-25-008135:0
Canonical exit: 14 Aug 2025 (T+90)
11,331 shares@ US$2.0073.5% of flowCommon StockSEC:0001214659-25-007111:0
632 shares@ US$2.570.9% of flowCommon StockSEC:0001214659-24-011145:1
Canonical exit: 16 Sept 2024 (T+90)
500 shares@ US$2.580.7% of flowCommon StockSEC:0001214659-24-011145:2
Canonical exit: 16 Sept 2024 (T+90)
500 shares@ US$2.610.7% of flowCommon StockSEC:0001214659-24-011145:3
Canonical exit: 16 Sept 2024 (T+90)
197 shares@ US$2.509.3% of flowCommon StockSEC:0001214659-24-011145:0
Canonical exit: 15 Sept 2024 (T+90)
500 shares@ US$2.862.6% of flowCommonSEC:0001214659-23-003718:1
Canonical exit: 6 Jun 2023 (T+90)
500 shares@ US$2.882.6% of flowCommonSEC:0001214659-23-003718:2
Canonical exit: 6 Jun 2023 (T+90)
70 shares@ US$2.820.4% of flowCommonSEC:0001214659-23-003718:3
Canonical exit: 7 Jun 2023 (T+90)
1,500 shares@ US$2.837.8% of flowCommonSEC:0001214659-23-003718:4
Canonical exit: 7 Jun 2023 (T+90)
123 shares@ US$2.851.2% of flowCommonSEC:0001214659-23-003718:0
Canonical exit: 6 Jun 2023 (T+90)
500 shares@ US$2.872.6% of flowCommonSEC:0001214659-23-003608:1
Canonical exit: 1 Jun 2023 (T+90)
2 shares@ US$2.880.0% of flowCommonSEC:0001214659-23-003608:2
Canonical exit: 4 Jun 2023 (T+90)
500 shares@ US$2.892.6% of flowCommonSEC:0001214659-23-003608:3
Canonical exit: 4 Jun 2023 (T+90)
158 shares@ US$2.871.6% of flowCommonSEC:0001214659-23-003608:0
Canonical exit: 1 Jun 2023 (T+90)
15 shares@ US$2.870.1% of flowCommonSEC:0001214659-23-003502:1
Canonical exit: 31 May 2023 (T+90)
24 shares@ US$2.830.2% of flowCommonSEC:0001214659-23-003502:0
Canonical exit: 30 May 2023 (T+90)
500 shares@ US$2.892.7% of flowCommonSEC:0001214659-23-003391:1
Canonical exit: 28 May 2023 (T+90)
172 shares@ US$2.820.9% of flowCommonSEC:0001214659-23-003391:2
Canonical exit: 29 May 2023 (T+90)
500 shares@ US$2.882.6% of flowCommonSEC:0001214659-23-003391:3
Canonical exit: 29 May 2023 (T+90)
500 shares@ US$2.855.0% of flowCommonSEC:0001214659-23-003391:0
Canonical exit: 28 May 2023 (T+90)
1,000 shares@ US$2.845.2% of flowCommonSEC:0001214659-23-003275:1
Canonical exit: 25 May 2023 (T+90)
500 shares@ US$2.852.6% of flowCommonSEC:0001214659-23-003275:2
Canonical exit: 25 May 2023 (T+90)
25 of 371 declarations
About Good Times Restaurants Inc.
Good Times Restaurants Inc. is a U.S.-listed restaurant company trading on the NASDAQ (NASDAQ: GTIM). For French-, Belgian- and Swiss-based investors, it should be viewed as a small-cap American consumer stock with a narrow operating footprint, a highly competitive market niche, and a business model tied to U.S. dining trends. The company is headquartered in Colorado and has long been associated with the American West, although its restaurant base now extends into other parts of the country. Good Times was formed as a Nevada corporation on October 6, 1996, giving it a multi-decade operating history while still remaining modest in scale versus the major U.S. restaurant groups. ([s205.q4cdn.com](https://s205.q4cdn.com/967519051/files/doc_financials/2025/ar/20250930-GTIM-Form-10K-vCurrent.pdf))
The group is built around two distinct brands. Bad Daddy’s Burger Bar is a full-service, specialty burger concept positioned in the casual dining segment, with an emphasis on premium burgers and a more experiential restaurant format. Good Times Burgers & Frozen Custard is a quick-service, drive-through concept focused on all-natural burgers, fries, and frozen custard. This two-brand structure gives the company exposure to both quick-service and casual dining economics, which can help diversify traffic patterns, but it also means management must balance two different operating models and cost structures. ([s205.q4cdn.com](https://s205.q4cdn.com/967519051/files/doc_financials/2025/ar/20250930-GTIM-Form-10K-vCurrent.pdf))
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According to the latest SEC filing, Good Times owned or operated 38 Bad Daddy’s restaurants, mainly in the Southeast and Colorado, plus one licensed airport location at Charlotte Douglas International Airport. It also owned, operated, or franchised 30 Good Times restaurants, including 28 in Colorado and two dual-brand locations in Wyoming operated by a franchisee. That footprint shows a strong home-market concentration in Colorado, while Bad Daddy’s provides a broader regional growth platform in the Southeast. ([s205.q4cdn.com](https://s205.q4cdn.com/967519051/files/doc_financials/2025/ar/20250930-GTIM-Form-10K-vCurrent.pdf))
From a competitive standpoint, GTIM operates in a crowded and price-sensitive industry. The company’s fiscal 2025 annual report noted same-store sales declines at both brands and flagged inflation, labor, and commodity costs as important operating variables. In other words, the investment case is less about dominant market share and more about execution: traffic recovery, menu pricing, margin protection, and disciplined capital allocation. ([s205.q4cdn.com](https://s205.q4cdn.com/967519051/files/doc_financials/2025/ar/20250930-GTIM-Form-10K-vCurrent.pdf))
Recent developments include multiple 2026 earnings announcements and updates on quarterly results, as well as continued discussion of operational pressures in the latest filings. The annual report also references limited cash, debt management, and restaurant closures, suggesting management remains focused on balance-sheet discipline and optimizing the store base. For international investors, Good Times Restaurants is therefore best understood as a niche U.S. restaurant operator listed on NASDAQ in the United States, with a straightforward consumer proposition but meaningful exposure to macro conditions, food inflation, and discretionary spending trends. ([s205.q4cdn.com](https://s205.q4cdn.com/967519051/files/doc_financials/2025/ar/20250930-GTIM-Form-10K-vCurrent.pdf))
