RED Robin Gourmet Burgers INC: directors' dealings · United States · SEC (Form 4)

About RED Robin Gourmet Burgers INC

Red Robin Gourmet Burgers, Inc. (ticker: RRGB) is a U.S.-based casual dining restaurant company listed on the NASDAQ in the United States. For French-speaking investors, the company sits within the discretionary consumer and restaurant space, with a brand proposition built around gourmet burgers, fries, drinks, and a family-friendly dine-in experience. Founded in 1969, Red Robin is headquartered in Englewood, Colorado, and markets itself under the banner Red Robin Gourmet Burgers and Brews. The company’s business model is primarily driven by company-owned restaurants, supplemented by franchised locations. In its 2024 annual report, Red Robin stated that it operated 498 restaurants across North America as of the end of fiscal 2024, including 407 company-owned restaurants and 91 franchised restaurants, spanning 39 U.S. states and one Canadian province. Revenue is generated mainly through food and beverage sales at company-owned restaurants, while franchise royalties and fees provide an additional, but smaller, stream. Red Robin reports its business as a single operating and reportable segment, which reflects a fairly unified operating structure. From a competitive standpoint, Red Robin occupies a middle ground between quick-service and traditional full-service dining. Its brand equity is anchored in gourmet burgers, customizable menu items, and a casual, family-oriented dining environment. The company’s differentiation lies in its burger-focused menu and broad appeal, but it competes in a crowded U.S. restaurant market where traffic is highly sensitive to value perception, service quality, menu innovation, labor availability, and food inflation. That makes execution and brand relevance especially important. Recent developments show a company still in strategic reset mode. In mid-2025, management launched the “First Choice” plan to drive long-term shareholder value. The company also announced an at-the-market equity offering program of up to $40 million, with intended uses including working capital, debt repayment, and general corporate purposes. On the leadership front, Red Robin appointed Mark Graff as Chief Financial Officer in April 2026, following prior finance leadership changes. Operational updates through 2025 suggested continued sales pressure, but also signs of management focus on margin improvement, cost control, and brand refresh initiatives. Overall, RRGB remains a small-cap, restaurant-sector turnaround story on the NASDAQ that merits attention for its restructuring, capital allocation decisions, and ability to stabilize same-store performance.