RICK

SEC source: 0001628280-26-062157 · wk-form4_1789571207.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,352

F1 · price: Represents the weighted average purchase price for the day. Transaction prices ranged from $28.945 to $28.950. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.

SEC source: 0001628280-26-057220 · wk-form4_1786965859.xml · nonDerivative · entry 1

LANGAN ERIC SCOTT · CIK 0001068671 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 708,000

SEC source: 0001628280-26-056563 · wk-form4_1786634549.xml · nonDerivative · entry 1

Barabash Yura V · CIK 0001747027 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,037

SEC source: 0001628280-25-040649 · wk-form4_1755547273.xml · nonDerivative · entry 2

LANGAN ERIC SCOTT · CIK 0001068671 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 706,370

SEC source: 0001628280-25-040649 · wk-form4_1755547273.xml · nonDerivative · entry 1

LANGAN ERIC SCOTT · CIK 0001068671 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 705,725

SEC source: 0001628280-25-027533 · wk-form4_1748029076.xml · nonDerivative · entry 1

LANGAN ERIC SCOTT · CIK 0001068671 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 705,000

SEC source: 0001628280-25-012910 · wk-form4_1742213285.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,751

SEC source: 0001628280-25-011196 · wk-form4_1741363278.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,645

SEC source: 0001628280-25-005954 · wk-form4_1739890661.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,379

SEC source: 0001628280-25-005586 · wk-form4_1739549385.xml · nonDerivative · entry 1

LANGAN ERIC SCOTT · CIK 0001068671 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 704,000

SEC source: 0001628280-25-000308 · wk-form4_1735940495.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,184

SEC source: 0001628280-24-040124 · wk-form4_1726084728.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,158

SEC source: 0001628280-24-038235 · wk-form4_1724358033.xml · nonDerivative · entry 2

Chhay Bradley Lim · CIK 0001824780 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By investment club (a general partnership)

Disclosed balance after: 0

F2 · kind: On August 20, 2024, the investment club sold its entire position in RCI Hospitality Holdings, Inc., along with all of the club's other investment positions, except for one position that it anticipates selling in the near future.

F3 · shares: This amount represents the entire amount of securities owned by the investment club. The reporting person disclaims beneficial ownership of the percentage amount of shares held in the investment club that are not owned by the reporting person, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-038232 · wk-form4_1724357832.xml · nonDerivative · entry 1

REESE TRAVIS · CIK 0001093251 · Director · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Indirect · By investment club (a general partnership)

Disclosed balance after: 0

F1 · kind: On August 20, 2024, the investment club sold its entire position in RCI Hospitality Holdings, Inc., along with all of the club's other investment positions, except for one position that it anticipates selling in the near future.

F2 · shares: This amount represents the entire amount of securities owned by the investment club. The reporting person disclaims beneficial ownership of the percentage amount of shares held in the investment club that are not owned by the reporting person, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-038228 · wk-form4_1724357733.xml · nonDerivative · entry 1

LANGAN ERIC SCOTT · CIK 0001068671 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Indirect · By investment club (a general partnership)

Disclosed balance after: 0

F1 · kind: On August 20, 2024, the investment club sold its entire position in RCI Hospitality Holdings, Inc., along with all of the club's other investment positions, except for one position that it anticipates selling in the near future.

F2 · shares: This amount represents the entire amount of securities owned by the investment club. The reporting person disclaims beneficial ownership of the percentage amount of shares held in the investment club that are not owned by the reporting person, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-051263 · wk-form4a_1734134706.xml · nonDerivative · entry 2

Chhay Bradley Lim · CIK 0001824780 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By investment club (a general partnership)

Disclosed balance after: 0

F3 · kind: On August 20, 2024, the investment club sold its entire position in RCI Hospitality Holdings, Inc., along with all of the club's other investment positions, except for one position that it anticipates selling in the near future.

F4 · shares: This amount represents the entire amount of securities owned by the investment club. The reporting person disclaims beneficial ownership of the percentage amount of shares held in the investment club that are not owned by the reporting person, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-038235 · wk-form4_1724358033.xml · nonDerivative · entry 1

Chhay Bradley Lim · CIK 0001824780 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,604

F1 · shares: In connection with transferring stock between brokerages, the transferring brokerage sold the reporting person's fractional share in this position as part of its process.

SEC source: 0001628280-24-051263 · wk-form4a_1734134706.xml · nonDerivative · entry 1

Chhay Bradley Lim · CIK 0001824780 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,606.681

F1 · shares: In connection with transferring stock between brokerages, the transferring brokerage sold the reporting person's fractional share in this position as part of its process.

F2 · balance_after: It was previously incorrectly reported that the reporting person held 2.681 less shares than he actually held. The purpose of this amendment is to correct that error.

SEC source: 0001628280-24-025183 · wk-form4_1716580956.xml · nonDerivative · entry 2

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,530

SEC source: 0001628280-24-025183 · wk-form4_1716580956.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,422

SEC source: 0001628280-24-023958 · wk-form4_1715968868.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,991

SEC source: 0001628280-24-023347 · wk-form4_1715731394.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,927

SEC source: 0001628280-24-011568 · wk-form4_1710756601.xml · nonDerivative · entry 1

LANGAN ERIC SCOTT · CIK 0001068671 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 703,000

SEC source: 0001628280-24-006970 · wk-form4_1708991401.xml · nonDerivative · entry 1

Barabash Yura V · CIK 0001747027 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,149

SEC source: 0000899243-23-019594 · doc4.xml · nonDerivative · entry 1

ADW Capital Management, LLC · CIK 0001745214 · 10% owner

ADW Capital Partners, L.P. · CIK 0001511001 · 10% owner

Wyden Adam D · CIK 0001745215 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 941,000

F1 · ownership.nature: This statement is being jointly filed by and on behalf of each of ADW Capital Partners, L.P., a Delaware limited partnership ("ADW Capital Partners"), ADW Capital Management, LLC, a Delaware limited liability company ("ADW Capital Management"), and Adam D. Wyden. ADW Capital Partners is the record and direct beneficial owner of the securities covered by this statement. ADW Capital Management is the general partner and investment manager of, and may be deemed to beneficially own securities owned by, ADW Capital Partners. Mr. Wyden is the sole manager of, and may be deemed to beneficially own securities owned by, ADW Capital Management.

F2 · ownership.nature: Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act"), or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F3 · ownership.nature: Each reporting person, among others, may be deemed to be a member of a group with respect to RCI Hospitality Holdings, Inc., a Texas corporation (the "Issuer"), or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.

SEC source: 0001628280-23-032426 · wk-form4_1695043404.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,085

SEC source: 0001628280-23-030631 · wk-form4_1692987775.xml · nonDerivative · entry 2

Barabash Yura V · CIK 0001747027 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 961

SEC source: 0001628280-23-030631 · wk-form4_1692987775.xml · nonDerivative · entry 1

Barabash Yura V · CIK 0001747027 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 960.666

SEC source: 0001628280-23-030438 · wk-form4_1692828838.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,749

SEC source: 0001628280-23-029630 · wk-form4_1692199305.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,671

SEC source: 0001628280-23-020441 · wk-form4_1685635370.xml · nonDerivative · entry 1

Chhay Bradley Lim · CIK 0001824780 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,604.317

SEC source: 0001628280-23-019303 · wf-form4_168479157186000.xml · nonDerivative · entry 1

REESE TRAVIS · CIK 0001093251 · Director · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,351

SEC source: 0000899243-23-005803 · doc4.xml · derivative · entry 2

ADW Capital Management, LLC · CIK 0001745214 · 10% owner

ADW Capital Partners, L.P. · CIK 0001511001 · 10% owner

Wyden Adam D · CIK 0001745215 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

Underlying: Common stock, $0.01 par value · 50,000 shares

Expires 2023-02-17

F4 · derivative.exercise_date: Freely exercisable.

F1 · ownership.nature: This statement is being jointly filed by and on behalf of each of ADW Capital Partners, L.P., a Delaware limited partnership ("ADW Capital Partners"), ADW Capital Management, LLC, a Delaware limited liability company ("ADW Capital Management"), and Adam D. Wyden. ADW Capital Partners is the record and direct beneficial owner of the securities covered by this statement. ADW Capital Management is the general partner and investment manager of, and may be deemed to beneficially own securities owned by, ADW Capital Partners. Mr. Wyden is the sole manager of, and may be deemed to beneficially own securities owned by, ADW Capital Management.

F2 · ownership.nature: Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act"), or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F3 · ownership.nature: Each reporting person, among others, may be deemed to be a member of a group with respect to RCI Hospitality Holdings, Inc., a Texas corporation (the "Issuer"), or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.

SEC source: 0000899243-23-005803 · doc4.xml · nonDerivative · entry 1

ADW Capital Management, LLC · CIK 0001745214 · 10% owner

ADW Capital Partners, L.P. · CIK 0001511001 · 10% owner

Wyden Adam D · CIK 0001745215 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 949,000

F1 · ownership.nature: This statement is being jointly filed by and on behalf of each of ADW Capital Partners, L.P., a Delaware limited partnership ("ADW Capital Partners"), ADW Capital Management, LLC, a Delaware limited liability company ("ADW Capital Management"), and Adam D. Wyden. ADW Capital Partners is the record and direct beneficial owner of the securities covered by this statement. ADW Capital Management is the general partner and investment manager of, and may be deemed to beneficially own securities owned by, ADW Capital Partners. Mr. Wyden is the sole manager of, and may be deemed to beneficially own securities owned by, ADW Capital Management.

F2 · ownership.nature: Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act"), or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F3 · ownership.nature: Each reporting person, among others, may be deemed to be a member of a group with respect to RCI Hospitality Holdings, Inc., a Texas corporation (the "Issuer"), or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.

SEC source: 0001628280-22-024912 · wf-form4_166318906680955.xml · nonDerivative · entry 1

Chhay Bradley Lim · CIK 0001824780 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,504.317

SEC source: 0001628280-22-024310 · wf-form4_166216574124750.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,597

SEC source: 0001628280-22-016089 · wf-form4_165420977711315.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,580

SEC source: 0001628280-22-015190 · wf-form4_165333643065228.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,480

SEC source: 0001628280-22-015188 · wf-form4_165333634619655.xml · nonDerivative · entry 1

Chhay Bradley Lim · CIK 0001824780 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,435.317

SEC source: 0001628280-22-014790 · wf-form4_165291368157909.xml · nonDerivative · entry 1

Chhay Bradley Lim · CIK 0001824780 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,250.317

SEC source: 0001493152-22-014173 · ownership.xml · nonDerivative · entry 1

LANGAN ERIC SCOTT · CIK 0001068671 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 702,000

SEC source: 0001493152-22-013112 · ownership.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,441

SEC source: 0001493152-22-007256 · ownership.xml · nonDerivative · entry 2

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,403

SEC source: 0001493152-22-007256 · ownership.xml · nonDerivative · entry 1

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,387

SEC source: 0001493152-22-005991 · ownership.xml · nonDerivative · entry 2

Elaine Johnson Martin · CIK 0001785451 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,332

F1 · ownership.direct: Subsequent to the reporting person's last Form 4, the reporting person's spouse converted his individual brokerage account into a joint account shared by the spouse and the reporting person. All shares of common stock of the issuer that were previously held individually by the spouse are now held in this joint account.

SEC source: 0001493152-22-005278 · ownership.xml · nonDerivative · entry 2

Barabash Yura V · CIK 0001747027 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 660.666

SEC source: 0001493152-22-004465 · ownership.xml · nonDerivative · entry 2

Chhay Bradley Lim · CIK 0001824780 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,050.317

SEC source: 0001493152-22-004465 · ownership.xml · nonDerivative · entry 1

Chhay Bradley Lim · CIK 0001824780 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,900.317

SEC source: 0001493152-22-004461 · ownership.xml · nonDerivative · entry 1

REESE TRAVIS · CIK 0001093251 · Director · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,151

SEC source: 0001493152-22-003999 · ownership.xml · derivative · entry 1

Chhay Bradley Lim · CIK 0001824780 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Common Stock · 50,000 shares

Expires 2027-02-09

F2 · price: Executive compensation.

F1 · derivative.exercise_date: The stock options were granted under the issuer's 2022 Stock Option Plan which plan was approved by its board of directors on February 7, 2022 and will be presented for approval to the issuer's stockholders at the upcoming 2022 annual meeting. The stock options will vest as to 10,000 of the shares covered by the option upon stockholders approving the 2022 Stock Option Plan, and thereafter, 10,000 of the remaining shares covered by the option shall vest on each anniversary of February 9, 2022, provided however that the stock options will be subject to earlier vesting under certain events set forth in the 2022 Stock Option Plan, including without limitation a change in control. Further, the stock options cannot be exercised prior to obtaining stockholder approval of the 2022 Stock Option Plan, and the stock options will be cancelled if stockholder approval is not obtained.