Form 4: Good Times Restaurants Officer Reports Stock Activity

Good Times Restaurants' Principal Financial Officer, Keri August, reported recent changes in her beneficial ownership of company stock and restricted stock units.

Summary

• Keri August, Principal Financial Officer of Good Times Restaurants Inc. (GTIM), filed a Form 4 statement detailing changes in her beneficial ownership.
• August beneficially owns 1,445 shares of Common Stock indirectly through her spouse's 401k.
• On November 10, 2025, August was granted 10,000 Restricted Stock Units (RSUs) which will vest on November 10, 2028, and expire on November 10, 2035.
• Previously, August was granted 10,000 RSUs on December 2, 2024, vesting on December 2, 2027, and expiring on December 2, 2034.
• Another grant of 10,000 RSUs occurred on January 2, 2024, vesting on January 2, 2027, and expiring on January 2, 2034.
• Following these transactions, August beneficially owns a total of 30,000 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The filing is a standard disclosure of insider ownership and equity compensation, which is neutral in sentiment. The grant of RSUs is a positive for the executive and aligns interests, but it is not a performance-related announcement for the company.

Positives

• The Principal Financial Officer received a grant of 10,000 Restricted Stock Units, aligning her interests with long-term shareholder value.
• The accumulation of equity through RSU grants demonstrates continued commitment and incentivization of key management.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance, but rather details an insider's equity compensation and ownership.

Industry Context

This is a routine insider ownership disclosure for a public company executive, common across all industries, and does not provide specific industry-related insights.

Related Party Transactions

• Indirect beneficial ownership of 1,445 shares of Common Stock held in spouse's 401k, in which Ms. August is a beneficiary.

Stakeholder Impact

• Shareholders: The disclosure provides transparency regarding executive equity ownership and compensation, which can be a factor in assessing management alignment with shareholder interests.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• Vesting of 10,000 Restricted Stock Units on January 2, 2027.
• Vesting of 10,000 Restricted Stock Units on December 2, 2027.
• Vesting of 10,000 Restricted Stock Units on November 10, 2028.

Key Dates

Keywords

Good Times Restaurants, GTIM, Keri August, Form 4, SEC filing, beneficial ownership, restricted stock units, insider trading, equity compensation