[Form 4] Brinker International, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Joseph Michael DePinto, a director of Brinker International, Inc. (EAT), reported a non-derivative acquisition of 691 shares on 08/28/2025. The Form 4 shows 99,988 shares beneficially owned by Mr. DePinto following the reported transaction. The filing was signed by an attorney-in-fact on 09/02/2025. The reported price for the acquisition is listed as $0 in the filing.
Positive
- Insider acquisition: Director Joseph Michael DePinto acquired 691 shares on 08/28/2025.
- Substantial insider holding: Beneficial ownership reported at 99,988 shares following the transaction.
Negative
- Transaction price listed as $0 in the filing, which is explicitly reported but lacks explanation in this document.
- No explanatory text in the filing clarifying the nature of the $0 price or the reason for the acquisition.
Insights
TL;DR: Director acquired 691 shares, holding ~99,988 shares post-transaction; transaction recorded at $0 in the Form 4.
The Form 4 documents a routine insider acquisition by Director Joseph Michael DePinto on 08/28/2025. The reported post-transaction beneficial ownership of 99,988 shares indicates a meaningful insider holding in absolute terms. The listing of the transaction price as $0 is explicit in the filing and should be confirmed from company disclosures for clarity; the filing was executed via attorney-in-fact on 09/02/2025.
TL;DR: Insider purchase recorded; ownership level remains significant; documentation executed by attorney-in-fact.
The report reflects a standard Section 16 disclosure for an insider acquisition. As a director, Mr. DePinto's acquisition and continued holding of 99,988 shares are material for governance transparency. The Form 4 was submitted by a single reporting person and signed by an authorized attorney-in-fact, which complies with filing procedures. The explicit $0 price entry is part of the filing record and may represent a non-cash grant or reporting convention but is not further explained within this document.