Business Context and Reporting Period
This Form 8-K filing by Red Robin Gourmet Burgers, Inc. (RRGB) reports a corporate governance event dated September 15, 2026. The filing details the appointment of a new executive officer to the Company's leadership team.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and compensation arrangements rather than financial performance.
Material Changes
The primary material change is the appointment of Tiffany Dutton as Chief Accounting Officer, effective September 21, 2026. Ms. Dutton assumes the responsibilities of principal accounting officer and will report to Chief Financial Officer Mark Graff. She previously served as an accounting consultant and interim Chief Accountant for the Company since October 2025.
Guidance, Outlook, and Compensation Details
The filing outlines the material elements of compensation for the new Chief Accounting Officer:
- Base Salary: $300,000 annually.
- Annual Bonus: Target of 60% of base salary, prorated for 2026 based on the hire date.
- Equity Award: Restricted stock units with a target value of $100,000, vesting after one year.
- Long-Term Incentive (LTI): Eligibility to participate beginning in 2027 with a target opportunity equal to 60% of base salary.
- Severance: Eligible for the Executive Severance Plan with a 1.0 multiplier and 12-month benefits continuation period for both Change in Control and Non-Change in Control qualifying terminations.
The filing states there are no undisclosed arrangements or family relationships influencing the appointment.
Investor Verification Checklist
- Verify the effective date of Ms. Dutton's appointment (September 21, 2026) against internal governance records.
- Review the Company's Annual Corporate Bonus Plan and Long-Term Incentive Plan to understand the specific performance targets for the 2026 bonus and 2027 LTI.
- Confirm the terms of the Executive Severance Plan referenced in the March 26, 2026 Definitive Proxy Statement.
- Check for any subsequent filings regarding the vesting schedule of the $100,000 restricted stock unit award.