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EAT Form 4: EVP Aaron White Sells 2,631 Shares, Retains 50,267

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Brinker International insider Aaron M. White, EVP, COO and CPO, reported a sale of 2,631 shares of Brinker common stock on 09/08/2025 at a reported price of $157.33 per share. After the sale he beneficially owns 50,267 shares, held directly. The Form 4 was signed by an attorney-in-fact on 09/09/2025. The filing records a routine officer sale and shows the remaining direct ownership stake.

Positive

  • Timely disclosure of the insider sale, filed and signed on record to meet Section 16 requirements
  • Officer retains a substantial direct stake of 50,267 shares after the transaction

Negative

  • Insider sale of 2,631 shares could be perceived negatively by some investors despite being routine
  • No explanatory detail in the filing about whether the sale was part of a 10b5-1 plan or for personal liquidity

Insights

TL;DR: Insider sold a modest number of shares; remaining stake remains material but the trade appears routine.

The sale of 2,631 shares at $157.33 reduced Aaron White's direct holdings to 50,267 shares. For a senior officer, this size of transaction is consistent with routine liquidity or diversification and does not, by itself, indicate a material change to company fundamentals. Investors should note the updated share count but the filing contains no additional context such as planned sales or 10b5-1 plan designation.

TL;DR: Disclosure complies with Section 16 reporting; transaction appears ordinary and timely.

The Form 4 discloses a direct sale and is signed via attorney-in-fact, meeting reporting requirements. There is no indication the sale was part of a pre-arranged plan in the filing text, and no change to officer role is reported. From a governance perspective, timely disclosure of the sale preserves transparency though the filing provides limited narrative on motivation.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
White Aaron M

(Last) (First) (Middle)
3000 OLYMPUS BLVD.

(Street)
DALLAS TX 75019

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BRINKER INTERNATIONAL, INC [ EAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, COO and CPO
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/08/2025 F 2,631 D $157.33 50,267 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Christopher L. Green, as Attorney-in-Fact 09/09/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Aaron M. White report on Form 4 for EAT?

Aaron M. White reported selling 2,631 shares of Brinker (EAT) on 09/08/2025 at $157.33, leaving him with 50,267 shares beneficially owned.

How many Brinker (EAT) shares does the reporting officer own after the transaction?

50,267 shares are reported as beneficially owned following the sale.

What price was disclosed for the insider sale on the Form 4?

$157.33 per share was the reported sale price for the 2,631 shares sold on 09/08/2025.

Was the Form 4 filing signed and when?

Yes; the form was signed by an attorney-in-fact on 09/09/2025 as shown on the filing.

Does the filing state the sale was part of a 10b5-1 trading plan?

No such designation or explanatory language is included in the provided Form 4 content.
Brinker Intl Inc

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