Company: RRGB
Filing Date: 2025-08-29
Form Type: 8-K/A
Source: 0000950142-25-002328
Chunk: 1

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-08-29
Form: 8-K/A
Chunk 1
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) 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 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of 
 Certain Officers.                                                                                                                |

On August 20, 2025, Red Robin Gourmet Burgers,
Inc. (the “Company”) announced the departure of Meghan Spuler, the Company’s Chief People Officer (the “Executive”),
effective August 20, 2025.

In connection with the departure of the Executive,
the Company has agreed to provide to the Executive, pursuant to a severance agreement between the Company and the Executive effective
August 27, 2025 (the “Severance Agreement”), in addition to any accrued but unpaid benefits or obligations: (i) an aggregate
amount equal to $375,000, which equals twelve (12) months of the Executive’s annual base salary as in effect immediately prior to
the date of separation, in installment payments over the twelve (12) months following the date of separation in accordance with the Company’s
regular payroll practices, (ii) a lump-sum cash payment equal to a pro rata portion of the Executive’s annual bonus, if any, for
the Company’s 2025 fiscal year under the Company’s 2025 annual bonus plan, based on full year actual performance of the Company,
determined by multiplying such annual bonus by a fraction, the numerator of which is the number of days in the 2025 calendar year through
the date of separation and the denominator of which is three hundred and sixty-five (365), payable at such time as bonuses are generally
paid by the Company to its executives, (iii) subject to the Executive’s timely election of continued healthcare coverage under COBRA,
a lump sum cash payment within thirty (30) days after such election in an amount equal to the product of (x) the portion of monthly premiums
of the Executive’s group health insurance, including coverage for the Executive’s eligible dependents, that the Company paid
immediately prior to the date of separation, and (y) 12.

The Executive