Brinker International (NYSE: EAT) director sells 1,000 shares at $143.60
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brinker International director Frances L. Allen reported an open-market sale of 1,000 shares of Common Stock. The shares were sold at a price of $143.60 per share. After this transaction, Allen directly owns 15,040 shares of Brinker International common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($143,600)
Net Sell
1 txn
Insider
Allen Frances L.
Role
null
Sold
1,000 shs ($144K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $143.60 | $144K |
Holdings After Transaction:
Common Stock — 15,040 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,000 shares
Sale price per share: $143.60 per share
Shares owned after transaction: 15,040 shares
3 metrics
Shares sold
1,000 shares
Open-market sale of Common Stock
Sale price per share
$143.60 per share
Price for 1,000 Common Stock shares sold
Shares owned after transaction
15,040 shares
Director’s direct holdings following the sale
Key Terms
open-market sale, transaction code “S”, direct ownership, Form 4
4 terms
open-market sale financial
"reported an open-market sale of 1,000 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
transaction code “S” financial
"indicated by transaction code “S” and the transaction_direction field"
direct ownership financial
"shares are reported as direct ownership. The Form 4 indicates ownership type “D”"
Form 4 regulatory
"The sale was disclosed in a Form 4 and reflects routine insider trading"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Brinker International (EAT) report for Frances L. Allen?
Brinker International director Frances L. Allen reported selling 1,000 shares of Common Stock in an open-market transaction. The sale was disclosed in a Form 4 and reflects routine insider trading activity reported to regulators.
Was the Brinker International (EAT) insider trade a buy or a sell?
The reported Brinker International insider transaction was a sale. Frances L. Allen executed an open-market sale of 1,000 shares, as indicated by transaction code “S” and the transaction_direction field labeled “sell.”
What does transaction code "S" mean in the Brinker International (EAT) Form 4?
Transaction code “S” on the Brinker International Form 4 indicates a sale in the open market or a private transaction. In this filing, it records Frances L. Allen’s open-market sale of 1,000 Common Stock shares.
Is Frances L. Allen’s Brinker International (EAT) holding direct or indirect after the sale?
After the sale, Frances L. Allen’s 15,040 Brinker International shares are reported as direct ownership. The Form 4 indicates ownership type “D,” meaning the shares are held directly rather than through an intermediary entity.