In 2022, Jerry Morgan earned $2.08M in total compensation at Texas Roadhouse, including $972.50K salary and $1.10M in stock. Most recently sold 15,000 shares in May 2024. Currently holds stock worth $17.38M. 4+ years at the helm of Texas Roadhouse.
Compensation History
Annual executive compensation data for Jerry Morgan, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$2.08M
Salary
$972.50K
Bonus
$0.00
Other
$2.98K
Salary
$972.50KBoard Justification
The compensation program is designed to promote sustained profitability and align the interests of Named Executive Officers with those of shareholders, reflecting competitive compensation in the casual dining sector.
Bonus
$0.00Board Justification
The target bonus amount for fiscal year 2022 was $1,000,000, with actual bonuses paid at 124.51% of the total target amount based on performance metrics.
Other Compensation
$2.98KBoard Justification
Includes other compensation such as holiday bonuses and other benefits.
Restricted Stock
Board Justification
12,200 service based restricted stock units vested on January 8, 2023, with a fair value of $1,100,684 based on the closing stock price on the grant date.
Performance Metrics
The performance metrics for the cash bonus included achieving an annual EPS growth target of 10% and a profit sharing pool based on pre-tax profits.
Jerry Morgan
CEO of Texas Roadhouse
Education
Bachelor's degree in Business Administration from the University of Kentucky.
Field of Expertise
Consumer Goods & Retail - Restaurant
Sector of Economy
Consumer Cyclical
Born
January 1, 1963 - 62 years ago
CEO of Texas Roadhouse for
4 years 8 months (Mar 2021 - Present)
Previous Experience
Previously served as President and COO of Texas Roadhouse, Inc.; extensive experience in the restaurant industry.
Other Texas Roadhouse CEOs
Holdings
Track Jerry Morgan's stock holdings and portfolio value over time.
Total Stock Sold
$6.27M
$6.27M
47,500 TXRH shares
What if they kept their stock?
If Jerry Morgan didn't sell their stock, today they would have:
Extra TXRH47,500 shares worth $7.94M.
This is 26.71% and $1.67M more than what they got when they sold the stock.
Insider Trading
Jerry Morgan's recent stock transactions, purchases, and sales filed with the SEC.
$2.58M
TXRH at $171.70/share
May 28, 2024
Sale
$739.50K
TXRH at $147.90/share
Feb 29, 2024
Sale
17,691 shares
TXRH
Feb 23, 2024
Received
$591.30K
TXRH at $118.26/share
Dec 19, 2023
Sale
$576.30K
TXRH at $115.26/share
Dec 4, 2023
Sale
$562.70K
TXRH at $112.54/share
Nov 24, 2023
Sale
$287.50K
TXRH at $115.00/share
May 18, 2023
Sale
15,191 shares
TXRH
Feb 24, 2023
Received
$475.20K
TXRH at $95.04/share
Aug 15, 2022
Sale
$149.71K
TXRH at $90.08/share
Aug 8, 2022
Sale
Rivals
Compare Jerry Morgan with competitor CEOs and industry peers.
Wyman Roberts
CEO of Brinker International
2022 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$6.26M
Ricardo Cardenas
CEO of Darden Restaurants
2023 Compensation
Stock
$3.80M
Salary
$1.10M
Bonus
$1.75M
Other
$471.17K
Total Holdings
$18.50M
David Overton
Founder and CEO of Cheesecake Factory
2023 Compensation
Stock
$200.00K
Salary
$900.00K
Bonus
$250.00K
Other
$100.00K
Total Holdings
$11.06M
David J. Deno
CEO of Bloomin' Brands, Inc.
2022 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$897.97K
Other
$19.02K
Total Holdings
$1.55M