Texas Roadhouse sets 2026 pay for executives, including $1.475 million CEO base salary
Texas Roadhouse's Compensation Committee adjusted 2026 pay for its named executive officers on December 30, 2025, under their existing employment agreements. Jerry Morgan's base salary is $1,475,000, with a target bonus of $1,475,000 and a long-term restricted stock unit award of $11,000,000, and the company says the increases are aligned with its support center compensation targets.
Key points
- Jerry Morgan 2026 base salary set at $1,475,000 effective January 8, 2026; bonus target $1,475,000, range $0 to $2,950,000
- Morgan received a $2,200,000 service-based RSU grant, a $2,200,000 target performance-based RSU grant, and an $11,000,000 long-term RSU grant
- Performance-based RSUs tied to 33% EPS growth over fiscal 2025 and pre-tax profits, vesting January 8, 2029
- Grants are dated January 8, 2026; most service-based RSUs vest January 8, 2027
The filing
Written by AI on Nov 8, 2026, 1:12 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 December 31, 2025.
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.