Large proposed sale of 42.9M EAT shares disclosed in Form 144 filing
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.
Key Figures
Proposed common shares to be sold: 42,887,790 shares
Restricted stock vesting 2024: 1,771 shares
Restricted stock vesting 2026: 12,578 shares
+1 more
4 metrics
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
Key Terms
Form 144, Restricted Stock Vesting, Compensation
3 terms
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.
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.