[Form 4] Brinker International, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Kevin Hochman, President & CEO and director of Brinker International (EAT), reported an insider sale of 21,102 shares of common stock on 09/08/2025 at a reported price of $157.33 per share. After the transaction he beneficially owned 197,824 shares. The filing was signed by an attorney-in-fact on 09/09/2025.

Positive

• Timely public disclosure of insider transaction in a filed Form 4
• Clear transaction details provided: date, number of shares, and price

Negative

• Material insider sale of 21,102 shares at $157.33 on 09/08/2025
• No plan disclosure on the form (no indication the sale was under a 10b5-1 plan)

Insights

Corporate Governance Expert

TL;DR: Insider sale by the CEO reported promptly; raises standard governance disclosure questions but is routine if part of diversification or liquidity needs.

The Form 4 documents a direct disposition of 21,102 Brinker shares by Kevin Hochman at $157.33, leaving 197,824 shares beneficially owned. As a combined director and CEO, this sale is material to governance scrutiny because executives' trades can signal personal views of valuation. The filing appears complete for the reported non-derivative transaction and includes an attorney-in-fact signature, indicating proper procedural handling. No additional context (e.g., 10b5-1 plan) is disclosed on the form.

Securities Analyst

TL;DR: A sizable single-day insider sale was executed; without further context it is neutral information but worth noting for monitoring insider trends.

The transaction shows a one-time sale of 21,102 shares at $157.33 on 09/08/2025, reducing the reporting person’s direct holdings to 197,824 shares. For investors tracking insider activity, this is a clear data point: an insider reduced holdings materially in absolute terms. The Form 4 does not state whether the sale was pre-planned under a Rule 10b5-1 plan, so interpretation of motive is not possible from this filing alone.

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^*

Hochman Kevin

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres. & CEO

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		21,102	D	$157.33	197,824	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 Brinker (EAT) insider Kevin Hochman report on Form 4?

The Form 4 reports a disposition of 21,102 shares of Brinker common stock by Kevin Hochman on 09/08/2025 at $157.33 per share, leaving 197,824 shares beneficially owned.

When was the insider transaction for EAT executed?

The transaction date listed on the Form 4 is 09/08/2025; the form bears a signature by an attorney-in-fact dated 09/09/2025.

How many Brinker shares does Kevin Hochman own after the sale?

After the reported sale, Kevin Hochman beneficially owned 197,824 shares of Brinker common stock.

At what price were the EAT shares sold by the insider?

The reported sale price was $157.33 per share for the 21,102 shares disposed.

Does the Form 4 indicate the sale was part of a 10b5-1 trading plan?

No; the filing does not state that the transaction was made pursuant to a 10b5-1 plan or similar written plan.