STOCK TITAN

Large proposed sale of 42.9M EAT shares disclosed in Form 144 filing

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of the issuer of EAT filed a notice of proposed sale of common stock, indicating an intention to sell up to 42,887,790 common shares on or after 08/14/2026 through Fidelity Brokerage Services LLC on the NYSE.

The filing also lists restricted stock vesting events treated as compensation, including 1,771 common shares vesting on 08/31/2024 and 12,578 common shares vesting on 08/13/2026.

Positive

  • None.

Negative

  • None.
Proposed common shares to be sold 42,887,790 shares Common stock listed under Securities To Be Sold with proposed date 08/14/2026
Restricted stock vesting 2024 1,771 shares Restricted Stock Vesting from issuer on 08/31/2024 categorized as Compensation
Restricted stock vesting 2026 12,578 shares Restricted Stock Vesting from issuer on 08/13/2026 categorized as Compensation
Broker Fidelity Brokerage Services LLC Handling proposed sale of common stock on NYSE
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Common | 08/31/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Compensation financial
"1771 | 08/31/2024 | Compensation"

FAQ

What does the Form 144 filing for EAT indicate?

The Form 144 for EAT indicates an affiliate’s intent to sell up to 42,887,790 common shares through Fidelity Brokerage Services LLC on the NYSE, with a proposed sale date of 08/14/2026.

How many EAT shares are proposed to be sold under this Form 144?

The filing shows a proposed sale of up to 42,887,790 common shares of the issuer of EAT, to be sold through Fidelity Brokerage Services LLC on or after 08/14/2026.

Which broker is handling the proposed EAT share sale in the Form 144?

The proposed sale of EAT common stock is listed as being handled by Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917, with trading on the NYSE.

What restricted stock vesting events are disclosed for EAT?

The filing discloses restricted stock vesting as compensation: 1,771 common shares vesting on 08/31/2024 and 12,578 common shares vesting on 08/13/2026, both categorized as issuer-granted restricted stock vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature