A casual-dining chain famous for hand-cut steaks and ribs, Texas Roadhouse also runs Bubba's 33 (burgers, pizza, wings) and Jaggers (fast-casual burgers and chicken) across dozens of states and ten foreign countries. Founder Kent Taylor opened the first location in Clarksville, Indiana, in 1993, choosing a Texas-themed name for its oversized portions and big hospitality. Managers share in each restaurant's profits through an owner-operator partnership.
Texas Roadhouse appoints Lisa Ingram to Board of Directors
Ingram is CEO and Chair of White Castle System, Inc., a restaurant chain with approximately 350 locations and a manufacturing business.
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Elizabeth K. Ingram, also known as Lisa Ingram, was appointed to the Board of Directors of Texas Roadhouse, Inc. on March 5, 2026.
She was appointed due to her chief executive and board experience, restaurant industry knowledge, and marketing background.
The Board determined Ingram qualifies as an independent director under Nasdaq listing rules; she will not initially serve on any Board committees.
A press release regarding the appointment was issued on March 5, 2026, and furnished as Exhibit 99.1.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Texas Roadhouse reports Q4 2025 results, raises dividend to $0.75/share
Q4 2025 total revenue was $1.48 billion, up 3.1% from Q4 2024; diluted EPS fell 26.1% to $1.28.
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Fiscal 2025 total revenue was $5.88 billion, up 9.4%; diluted EPS was $6.10, down 5.8%.
Board approved a quarterly cash dividend of $0.75 per share, payable March 31, 2026 to shareholders of record March 17, 2026.
Keith Humpich, interim CFO until December 3, 2025, will continue receiving a $100,000 per quarter stipend through June 30, 2026.
Company completed acquisitions of five domestic franchise restaurants for ~$72 million on first day of fiscal 2026.
2.02 Results of Operations and Financial Condition · 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 8.01 Other Events · 9.01 Financial Statements and Exhibits
Texas Roadhouse sets 2026 executive compensation, including CEO Jerry Morgan's $1.475M salary and $11M long-term stock units.
On December 30, 2025, the Compensation Committee adjusted 2026 compensation for named executive officers, effective January 8, 2026.
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CEO Jerry Morgan's 2026 base salary is $1,475,000, with a target bonus of $1,475,000 (max $2,950,000) and $2.2M in service-based RSUs.
Other executives (Gina Tobin, Chris Colson, Travis Doster, Hernan Mujica, Paul Marshall) received base salaries ranging from $662,000 to $762,000.
Performance-based RSUs for 2026 have targets based on 33% EPS growth vs 2025 and pre-tax profits, vesting January 8, 2029.
CEO Morgan also received $11,000,000 in long-term service stock units vesting January 8, 2031; other executives received $1.7M-$2M vesting January 8, 2028.
Mike Lenihan and Keith Humpich's compensation was previously disclosed in the December 1, 2025 8-K.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Texas Roadhouse appoints Michael Lenihan as CFO and Keith Humpich as Chief Accounting and Financial Services Officer, effective Dec 3, 2025.
Lenihan previously served as CFO and Chief U.S. Development Officer at CKE Restaurants (Hardee's and Carl's Jr.) from Sept 2023 to Oct 2025, and held various finance roles at Yum! Brands from 2003 to 2023.
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Michael Lenihan, 52, appointed CFO effective Dec 3, 2025, overseeing accounting, financial reporting, investor relations, tax, treasury, internal audit, and financial analysis.
Keith Humpich, 55, appointed Chief Accounting and Financial Services Officer effective Dec 3, 2025, continuing as principal accounting officer; he had served as interim CFO from June 2025 to Dec 2025.
Lenihan's employment agreement provides an annual base salary of $630,000 and a service-based RSU grant valued at $500,000 (vesting Jan 8, 2027).
Humpich's employment agreement provides an annual base salary of $420,000, a target bonus of $300,000, and a service-based RSU grant valued at $480,000 (vesting Jan 8, 2027).
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits