Brinker International CMO uses 922 shares for taxes
The Form 4 shows Felix George S now holds 5,988 shares after the Aug. 31 sale, and the trade was not made under a Rule 10b5-1 plan.
Rhea-AI Filing Summary
Brinker International, Inc. (EAT) reported that executive officer Felix George S, EVP and Chief Marketing Officer, had 922 shares of common stock disposed of on 2026-08-31 as a payment of exercise price or tax liability by delivering or withholding securities at a reported price of $230.35 per share. Following this transaction, he directly holds 5,988 common shares. The filing indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 922 shares
Exercise Price or Tax Liability
1 txn
Insider
Felix George S
Role
EVP, Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 922 | $230.35 | $212K |
Holdings After Transaction:
Common Stock — 5,988 shares (Direct)
Key Figures
Shares disposed: 922 shares
Reported price per share: $230.35 per share
Shares owned after transaction: 5,988 shares
+1 more
4 metrics
Shares disposed
922 shares
Common Stock used for payment of exercise price or tax liability on 2026-08-31
Reported price per share
$230.35 per share
Disposal of 922 Common Stock shares for exercise price or tax liability
Shares owned after transaction
5,988 shares
Direct ownership of Common Stock by Felix George S following the Form 4 transaction
Exercise price or tax liability shares
922 shares
Shares delivered or withheld for payment of exercise price or tax liability
Key Terms
Payment of exercise price or tax liability by delivering or withholding securities, transaction_code, Rule 10b5-1
3 terms
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of exercise price or tax liability by de"
transaction_code regulatory
"transaction_code: "F""
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did EAT executive Felix George S report on this Form 4?
Felix George S reported a disposition of 922 shares of Brinker International, Inc. common stock on 2026-08-31, used as payment of exercise price or tax liability by delivering or withholding securities, at a reported price of $230.35 per share.
Was the EAT Form 4 transaction by Felix George S under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is unchecked (aff_10b5_one is false), meaning the reported transaction was not affirmed as being executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.