EAT Form 4: SVP Butler acquires 1,221 shares, disposes 692 shares

Rhea-AI Filing Summary

Brinker International (EAT) insider James M. Butler reported two transactions. On 08/28/2025 he was recorded as acquiring 1,221 shares of common stock at $0 (reported as an acquisition). On 08/29/2025 a separate transaction shows 692 shares disposed at $153.96, leaving him with 8,568 shares beneficially owned. The Form 4 was signed by an attorney-in-fact on 09/02/2025. The filing identifies Butler as SVP Chief Supply Chain Officer and an officer reporting personally.

Positive

• Acquisition of 1,221 shares, which may reflect stock-based compensation or award, increasing insider alignment with shareholders
• Timely Section 16 disclosure—Form 4 filed and signed by attorney-in-fact, demonstrating compliance with reporting rules

Negative

• Partial sale of 692 shares at $153.96 reduced the insider's holdings, which some investors may view as a neutral-to-negative signal

Insights

Securities Analyst

TL;DR: Insider recorded a small exercise/grant and a subsequent partial sale; overall change in holding is modest.

The filing shows a non-derivative acquisition of 1,221 shares recorded at $0, which typically reflects a grant, stock-based compensation or a previously-taxed award being reported as an acquisition for Form 4 purposes. The following-day reported disposition of 692 shares at $153.96 reduced the position to 8,568 shares. For investors, these are routine insider transactions by an officer and appear limited in scale relative to company-wide float; they do not, by themselves, indicate a material change to company control or strategy.

Corporate Governance Expert

TL;DR: Transactions are standard insider reporting events; timing suggests compensation-related grant then partial sale.

The sequence—an acquisition at a $0 price followed by a sale at market price—aligns with common practices when officers receive stock awards and later sell a portion. The report is properly signed by an attorney-in-fact. No option exercise details or derivative positions are disclosed. From a governance perspective, disclosures meet Section 16 reporting requirements and show no red flags such as undisclosed related-party transfers or large unexpected divestitures.

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
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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^*

Butler James 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)
	SVP Chief Supply Chain Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

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	08/28/2025		A		1,221	A	$0	9,260	D
Common Stock	08/29/2025		F		692	D	$153.96	8,568	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	09/02/2025
	** 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 insider transactions did Brinker International (EAT) report on this Form 4?

James M. Butler reported an acquisition of 1,221 shares on 08/28/2025 and a sale of 692 shares at $153.96 on 08/29/2025.

How many shares does the reporting person own after these transactions?

After the reported transactions the filing shows the reporting person beneficially owns 8,568 shares.

What does a $0 acquisition price mean on a Form 4?

A recorded acquisition at $0 often indicates a stock grant, award or transfer that is not a cash purchase; the Form does not specify the grant type.

Who filed and signed the Form 4 for EAT?

The Form 4 was signed by Christopher L. Green, as Attorney-in-Fact on 09/02/2025.