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AI brief of an SEC Form 8-K · RED ROBIN GOURMET BURGERS INC (RRGB)

Red Robin directors Pappas and Martin resign; board to shrink from eight to six

Neutral Impact 3 of 5 leadership Written later

Red Robin directors James C. Pappas and Christopher Martin resigned from the board and all committees, effective October 23, 2026, and the company said the resignations were not related to any disagreement over operations, policies or practices. The company plans to cut the board from eight to six directors, five of whom will be independent, and says the departures follow its refranchising program and a new $115 million credit facility.

Key points

  • Pappas (JCP Investment Management) and Martin (Jumana Capital) resigned effective October 23, 2026.
  • Board size will decrease from eight to six directors, five of whom will be independent.
  • New five-year, $115 million senior secured credit facility, led by JPMorgan Chase Bank, N.A., includes a $90 million term loan and a $25 million revolving credit facility.
  • Pappas and Martin joined the board in December 2024 in connection with an additional investment by Jumana and JCP.

The filing

CompanyRED ROBIN GOURMET BURGERS INC (RRGB)
Form8-K, current report
Filed with the SECOct 27, 2026, 5:35 PM ET
Accession number0000950142-26-002871

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.