Insider Buying at Texas Roadhouse Signals Confidence in the Brand On January 8, 2026 Chief Growth Officer Marshall Lloyd Paul executed a sizable purchase of 2,800 shares of Texas Roadhouse (TXRH) common stock—at no cost because the shares were the result of a fully vested restricted‑stock‑unit (RSU) grant. The transaction, filed on Form 4, was immediately followed by a sale of 682 shares at the market price of $180.79, reducing his post‑trade holding to 10,852 shares. The buy/sell pattern is typical of an insider who has recently received a large block of RSUs and is beginning to realize a portion of the equity compensation while maintaining a significant long‑term stake.
A Broad Insider Buying Wave Paul’s activity sits within a broader context of high‑level executives adding to their positions on the same day. President Tobin Regina A., CEO Morgan Gerald L., Chief Technology Officer Mujica Hernan E., and others each reported purchases ranging from a few thousand to over 60,000 shares. The collective insider purchases—particularly the large blocks held by senior officers—indicate a shared belief that the company’s valuation is attractive and that the business model will continue to generate solid earnings growth. This is reinforced by the company’s recent quarterly results, which showed robust sales and margins that support the current $180‑plus price level.
Implications for Investors For investors, the insider buying is a bullish sign. Executives who stand to gain the most from a share price rise are generally inclined to hold onto their positions, and the fact that they are actively buying rather than selling suggests confidence in Texas Roadhouse’s trajectory. The transaction volume, while modest relative to the market cap, is still significant for a single individual and adds to the narrative that the company’s leadership is committed to long‑term shareholder value. Moreover, the timing—immediately after a strong earnings release and near a 52‑week high—aligns with a strategic push to capitalize on favorable market sentiment.
Looking Ahead Texas Roadhouse’s fundamentals remain solid: a price‑to‑earnings ratio of 27.56, a 10‑month upward price trend, and consistent sales growth. The recent insider activity, coupled with the company’s stable operating model and positive market buzz, suggests that the stock is likely to continue its upward trajectory in the short term. However, investors should monitor for any future insider divestitures or shifts in compensation structures that could alter the balance between ownership and liquidity. In the meantime, the current insider buying spree appears to reinforce confidence in the brand’s resilience and growth potential, making TXRH a compelling option for those seeking exposure to the consumer‑discretionary restaurant sector.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-01-08 | Marshall Lloyd Paul (CHIEF GROWTH OFFICER) | Buy | 2,800.00 | N/A | Common Stock |
| 2026-01-08 | Marshall Lloyd Paul (CHIEF GROWTH OFFICER) | Sell | 682.00 | 180.79 | Common Stock |
| 2026-01-08 | Marshall Lloyd Paul (CHIEF GROWTH OFFICER) | Sell | 2,800.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Marshall Lloyd Paul (CHIEF GROWTH OFFICER) | Buy | 2,700.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Marshall Lloyd Paul (CHIEF GROWTH OFFICER) | Buy | 9,400.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Jones Wayne L. () | Buy | 1,200.00 | N/A | Common Stock |
| 2026-01-08 | Jones Wayne L. () | Sell | 1,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Jones Wayne L. () | Buy | 1,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Warfield Curtis () | Buy | 1,200.00 | N/A | Common Stock |
| 2026-01-08 | Warfield Curtis () | Sell | 1,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Warfield Curtis () | Buy | 1,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Tobin Regina A. (PRESIDENT) | Buy | 4,000.00 | N/A | Common Stock |
| 2026-01-08 | Tobin Regina A. (PRESIDENT) | Sell | 1,202.00 | 180.79 | Common Stock |
| 2026-01-08 | Tobin Regina A. (PRESIDENT) | Sell | 4,000.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Tobin Regina A. (PRESIDENT) | Buy | 4,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Tobin Regina A. (PRESIDENT) | Buy | 11,100.00 | N/A | Restricted Stock Units |
| 2026-01-08 | WIDMER KATHY () | Buy | 1,200.00 | N/A | Common Stock |
| 2026-01-08 | WIDMER KATHY () | Sell | 1,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | WIDMER KATHY () | Buy | 1,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Mujica Hernan E. (CHIEF TECHNOLOGY OFFICER) | Buy | 2,600.00 | N/A | Common Stock |
| 2026-01-08 | Mujica Hernan E. (CHIEF TECHNOLOGY OFFICER) | Sell | 782.00 | 180.79 | Common Stock |
| 2026-01-08 | Mujica Hernan E. (CHIEF TECHNOLOGY OFFICER) | Sell | 2,600.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Mujica Hernan E. (CHIEF TECHNOLOGY OFFICER) | Buy | 2,700.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Mujica Hernan E. (CHIEF TECHNOLOGY OFFICER) | Buy | 9,400.00 | N/A | Restricted Stock Units |
| 2026-01-08 | MOORE GREGORY N () | Buy | 1,700.00 | N/A | Common Stock |
| N/A | MOORE GREGORY N () | Holding | 32,150.00 | N/A | Common Stock |
| 2026-01-08 | MOORE GREGORY N () | Sell | 1,700.00 | N/A | Restricted Stock Units |
| 2026-01-08 | MOORE GREGORY N () | Buy | 1,700.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Colson Christopher C. (CHIEF BUSINESS & ADMIN OFFICER) | Buy | 2,600.00 | N/A | Common Stock |
| 2026-01-08 | Colson Christopher C. (CHIEF BUSINESS & ADMIN OFFICER) | Sell | 782.00 | 180.79 | Common Stock |
| 2026-01-08 | Colson Christopher C. (CHIEF BUSINESS & ADMIN OFFICER) | Sell | 2,600.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Colson Christopher C. (CHIEF BUSINESS & ADMIN OFFICER) | Buy | 2,700.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Colson Christopher C. (CHIEF BUSINESS & ADMIN OFFICER) | Buy | 9,400.00 | N/A | Restricted Stock Units |
| N/A | Carroll Hugh J () | Holding | 1,854.00 | N/A | Common Stock |
| N/A | Carroll Hugh J () | Holding | 2,667.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Carroll Hugh J () | Buy | 1,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Abell Jane Grote () | Buy | 1,200.00 | N/A | Common Stock |
| 2026-01-08 | Abell Jane Grote () | Sell | 1,200.00 | N/A | Restricted Stock Unit |
| 2026-01-08 | Abell Jane Grote () | Buy | 1,200.00 | N/A | Restricted Stock Unit |
| 2026-01-08 | Morgan Gerald L. (CEO, EXECUTIVE VICE CHAIRMAN) | Buy | 11,600.00 | N/A | Common Stock |
| 2026-01-08 | Morgan Gerald L. (CEO, EXECUTIVE VICE CHAIRMAN) | Sell | 5,139.00 | 180.79 | Common Stock |
| 2026-01-08 | Morgan Gerald L. (CEO, EXECUTIVE VICE CHAIRMAN) | Sell | 11,600.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Morgan Gerald L. (CEO, EXECUTIVE VICE CHAIRMAN) | Buy | 12,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Morgan Gerald L. (CEO, EXECUTIVE VICE CHAIRMAN) | Buy | 60,800.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Doster Travis C. (CHIEF COMMUNICATIONS OFFICER) | Buy | 2,600.00 | N/A | Common Stock |
| 2026-01-08 | Doster Travis C. (CHIEF COMMUNICATIONS OFFICER) | Sell | 782.00 | 180.79 | Common Stock |
| 2026-01-08 | Doster Travis C. (CHIEF COMMUNICATIONS OFFICER) | Sell | 2,600.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Doster Travis C. (CHIEF COMMUNICATIONS OFFICER) | Buy | 2,700.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Doster Travis C. (CHIEF COMMUNICATIONS OFFICER) | Buy | 9,400.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Crawford Michael Anthony () | Buy | 1,200.00 | N/A | Common Stock |
| 2026-01-08 | Crawford Michael Anthony () | Sell | 1,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | Crawford Michael Anthony () | Buy | 1,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | EPPS DONNA E () | Buy | 1,200.00 | N/A | Common Stock |
| 2026-01-08 | EPPS DONNA E () | Sell | 1,200.00 | N/A | Restricted Stock Units |
| 2026-01-08 | EPPS DONNA E () | Buy | 1,200.00 | N/A | Restricted Stock Units |




