Director at Brinker (NYSE: EAT) sells 1,000 shares, keeps 18,588
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 on May 15, 2026. The weighted average sale price was $135.78 per share, with individual trades between $135.76 and $135.84. After this transaction, Allen directly holds 18,588 shares of Brinker International.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($135,780)
Net Sell
1 txn
Insider
Allen Frances L.
Role
null
Sold
1,000 shs ($136K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $135.78 | $136K |
Holdings After Transaction:
Common Stock — 18,588 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,000 shares
Weighted average sale price: $135.78 per share
Price range of trades: $135.76–$135.84 per share
+2 more
5 metrics
Shares sold
1,000 shares
Open-market sale on May 15, 2026
Weighted average sale price
$135.78 per share
Common Stock sale on May 15, 2026
Price range of trades
$135.76–$135.84 per share
Multiple transactions included in reported sale
Shares held after transaction
18,588 shares
Direct ownership following sale
Net insider share change
-1,000 shares
Net-sell direction in this Form 4
Key Terms
weighted average price, multiple transactions, Form 4, open-market sale
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
multiple transactions financial
"These shares were sold in multiple transactions at prices ranging"
Form 4 regulatory
"within the ranges set forth in footnote (1) to this Form 4."
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.
open-market sale financial
"transaction_action": "open-market sale""
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.
FAQ
What insider transaction did Brinker International (EAT) disclose?
Brinker International disclosed that director Frances L. Allen sold 1,000 shares of Common Stock in an open-market transaction. The sale was reported on Form 4 and reflects a routine insider disposition rather than a change in control or ownership structure.
Was the Brinker (EAT) insider sale executed in a single trade?
No. The filing states the price is a weighted average because the 1,000 shares were sold in multiple transactions. Those trades occurred at prices ranging from $135.76 to $135.84, with full trade details available on request from the company.
Who is the insider involved in the latest Brinker International (EAT) Form 4?
The insider is Frances L. Allen, a director of Brinker International. The Form 4 reports her open-market sale of 1,000 shares of Common Stock and confirms that her ownership after the transaction stands at 18,588 directly held shares.