Brinker exec uses 762 shares for award taxes
The Form 4 shows SVP & COO Douglas N. Comings had 762 shares withheld at $230.35, and it doesn’t cite a Rule 10b5-1 plan.
Rhea-AI Filing Summary
BRINKER INTERNATIONAL, INC (EAT) reported that officer Douglas N. Comings, SVP & COO, Chili's, had 762 shares of Common Stock withheld or delivered on August 31, 2026 at $230.35 per share to pay the exercise price or tax liability in connection with an equity award. Following this transaction, Comings directly held 16,642 shares of EAT common stock. In addition, he indirectly held 1,985.89 units in the Brinker Common Stock Fund under the company 401(k) Savings Plan as of August 31, 2026. The filing does not indicate use of a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 762 shares
Exercise Price or Tax Liability
2 txns
Insider
Comings Douglas N.
Role
SVP & COO, Chili's
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 762 | $230.35 | $176K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,642 shares (Direct);
Common Stock — 1,985.89 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. Reflects the number of units held in the Brinker Common Stock Fund under the Brinker International, Inc. 401(k) Savings Plan as of August 31, 2026.
Key Figures
Shares withheld or delivered: 762 shares
Transaction price per share: $230.35 per share
Direct holdings after transaction: 16,642 shares
+2 more
5 metrics
Shares withheld or delivered
762 shares
Common Stock used on August 31, 2026 for payment of exercise price or tax liability
Transaction price per share
$230.35 per share
Value applied to the 762-share exercise-price-or-tax-liability disposition on August 31, 2026
Direct holdings after transaction
16,642 shares
Total EAT Common Stock directly owned by Douglas N. Comings following the August 31, 2026 transaction
Indirect 401(k) units
1,985.89 units
Units in the Brinker Common Stock Fund under the 401(k) Savings Plan as of August 31, 2026
Exercise-price-or-tax-liability dispositions
1 transaction
Count of Form 4 transactions coded as payment of exercise price or tax liability (code F) in this filing
Key Terms
Payment of exercise price or tax liability, 401(k) Savings Plan, indirect ownership
3 terms
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
401(k) Savings Plan financial
"under the Brinker International, Inc. 401(k) Savings Plan as of August 31, 2026"
A 401(k) savings plan is an employer-sponsored retirement account that lets employees set aside a portion of their paycheck on a tax-advantaged basis, often with employer matching contributions that act like free additional savings. It matters to investors because matching, tax-deferred growth and investment choices can significantly boost long-term wealth—while plan rules or heavy concentration in a single company’s stock can increase an employee’s financial exposure to that company.
indirect ownership financial
"Indirect ownership noted as "By 401(k) Plan" for 1,985.89 units"
FAQ
What insider transaction did EAT executive Douglas N. Comings report on August 31, 2026?
Douglas N. Comings reported that 762 EAT common shares were withheld or delivered on August 31, 2026 to pay the exercise price or tax liability related to an equity award, at a reported value of $230.35 per share.
Does Douglas N. Comings have any indirect holdings of EAT through a retirement plan?
Yes. As of August 31, 2026, Douglas N. Comings indirectly held 1,985.89 units in the Brinker Common Stock Fund under the Brinker International, Inc. 401(k) Savings Plan, as disclosed in the footnote to the Form 4.
Was the August 31, 2026 EAT insider transaction under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (set to false), and there is no footnote stating that the August 31, 2026 transaction was executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
