Company: RRGB
Filing Date: 2025-11-10
Form Type: 424B5
Source: 0000950142-25-002929
Chunk: 13

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-11-10
Form: 424B5
Chunk 13
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 that price, would decrease our as adjusted net tangible
book value per share after the offering to $(2.63) per share and would increase the dilution in net tangible book value per share to new
investors to $8.32 per share, after deducting commissions and estimated aggregate offering expenses payable by us. A decrease of $1.00
per share in the price at which the shares are sold from the assumed offering price of $4.69 per share shown in the table above, assuming
all of our Common Stock in the aggregate amount of $40.0 million during the term of the distribution agreement is sold at that price,
would increase our as adjusted net tangible book value per share after the offering to $(2.28) per share and would decrease the dilution
in net tangible book value per share to new investors to $5.97 per share, after deducting commissions and estimated aggregate offering
expenses payable by us. This information is supplied for illustrative purposes only and may differ based on the actual offering price
and the actual number of shares offered.

The number of shares of Common Stock expected
to be outstanding after this offering included in the table above are based on 17,966,000 shares of Common Stock outstanding, reflective
of the outstanding shares of Common Stock as of October 5, 2025 and excludes:

| • | 2,863,310 shares of Common Stock issuable upon the settlement of outstanding performance stock units and restricted stock units; |

| • | 106,428 shares of Common Stock issuable under our 2024 Performance Incentive Plan; and |

| • | 121,269 shares of Common Stock issuable under our Employee Stock Purchase Plan. |

To the extent that other shares are issued,
investors purchasing shares in this offering could experience further dilution. In addition, we may choose to raise additional capital
due to market conditions or strategic considerations, even if we believe we have sufficient funds for our current or future operating
plans. To the extent that additional capital is raised through the sale of equity or convertible debt securities, the issuance of those
securities could result in further dilution to our stockholders.

| S-7 |

<div align='center'>PLAN OF DISTRIBUTION</div>

We have entered into a distribution agreement,
which we refer to in this section as the “Distribution Agreement,” with Evercore Group L.L.C., which we refer to in this section
as the “Sales Agent,” under which we may offer and