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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) May 11, 2023

 

TEXAS ROADHOUSE, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   000-50972   20-1083890
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

6040 Dutchmans Lane, Louisville, KY   40205
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code    (502) 426-9984

 

N/A

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨       Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨       Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨       Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨       Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.001 per share TXRH Nasdaq Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b,2 of this chapter).

 

Emerging growth company                 ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.              ¨

 

 

 

 

 

 

ITEM 5.07.SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

 

On May 11, 2023, Texas Roadhouse, Inc., a Delaware corporation (the "Company"), held its Annual Meeting of Shareholders. The matters voted on by shareholders and the voting results are as follows:

 

A.Election of directors.

 

The nominees for the Company’s Board of Directors were elected as follows:

 

Name  For   Withheld   Abstain   Broker Non-
Votes
 
Michael A. Crawford   55,802,403    2,577,911    -    4,309,962 
Donna E. Epps   55,795,180    2,585,134    -    4,309,962 
Gregory N. Moore   53,729,456    4,650,858    -    4,309,962 
Gerald L. Morgan   57,834,046    546,268    -    4,309,962 
Curtis A. Warfield   53,245,220    5,135,094    -    4,309,962 
Kathleen M. Widmer   34,881,254    23,499,060    -    4,309,962 
James R. Zarley   53,283,608    5,096,706    -    4,309,962 

 

B. Ratification of the audit committee’s selection of KPMG LLP as the Company’s independent auditors for the fiscal year 2023.

 

The selection of KPMG LLP was ratified as follows:

 

For   Against   Abstain   Broker Non-Votes 
60,287,993    2,351,895    50,388    - 

 

C. Advisory Vote on Executive Compensation.

 

The compensation of the named executive officers was approved, on an advisory basis, as follows:

 

For   Against   Abstain   Broker Non-Votes 
53,291,108    4,837,660    251,546    4,309,962 

 

D. Advisory Vote on the Frequency of the Advisory Vote on Executive Compensation.

 

The frequency of the Advisory Vote on Executive Compensation was approved, on an advisory basis, as follows:

 

1 Year   2 Years   3 Years   Abstain   Broker Non-Votes 
 57,060,174    15,970    1,184,036    120,134    4,309,962 

 

A majority of the votes cast by shareholders voted, on an advisory basis, to approve the recommendation of the Company’s Board of Directors to hold an advisory vote to approve executive compensation every year. In line with this recommendation by our shareholders, the Company has determined that it will include an advisory shareholder vote on executive compensation in its proxy materials annually until the next required advisory vote on the frequency of shareholder votes on executive compensation.

 

E. Advisory Vote on a Shareholder Proposal Regarding the Issuance of a Climate Report.

 

The Shareholder Proposal Regarding the Issuance of a Climate Report was not approved, on an advisory basis, as follows:

 

For   Against   Abstain   Broker Non-Votes 
23,337,310    34,403,924    639,080    4,309,962 

 

ITEM 8.01.OTHER EVENTS

 

On May 11, 2023, the Company’s Board of Directors approved the second quarter 2023 cash dividend.  The public announcement of the dividend was made by means of a press release, the text of which is set forth at Exhibit 99.1 hereto.

 

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ITEM 9.01.FINANCIAL STATEMENTS AND EXHIBITS

 

(d)EXHIBITS 
   
 99.1Press Release issued by the Company on May 12, 2023.
104Cover Page Interactive File (the cover page XBRL tags are embedded in the Inline XBRL document)

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  TEXAS ROADHOUSE, INC.
   
Date: May 12, 2023 By: /s/ Keith V. Humpich
    Keith V. Humpich
    Interim Chief Financial Officer

 

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