Brinker (NYSE: EAT) CMO gets stock grant, uses shares for taxes
Rhea-AI Filing Summary
BRINKER INTERNATIONAL, INC (EAT) reported that executive officer George S. Felix, EVP and Chief Marketing Officer, had two equity-related transactions in common stock. On 2026-08-27 he acquired 1,286 shares as a grant or award. On 2026-08-28, 669 shares were disposed of at $233.27 per share to pay the exercise price or tax liability by delivering or withholding securities. The filing does not list his total holdings after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 617 shares
Net Buy
2 txns
Insider
Felix George S
Role
EVP, Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 669 | $233.27 | $156K |
| Grant/Award | Common Stock | 1,286 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 6,910 shares (Direct)
Key Figures
Shares granted (code A): 1,286 shares of Common Stock
Shares delivered or withheld (code F): 669 shares of Common Stock
Per-share value for code F transaction: $233.27 per share
+2 more
5 metrics
Shares granted (code A)
1,286 shares of Common Stock
Grant or award to George S. Felix on 2026-08-27
Shares delivered or withheld (code F)
669 shares of Common Stock
Payment of exercise price or tax liability on 2026-08-28
Per-share value for code F transaction
$233.27 per share
Applied to 669-share exercise-price-or-tax-liability disposition on 2026-08-28
Grant price
$0.00 per share
Stated price for 1,286-share grant or award on 2026-08-27
Exercise-price-or-tax-liability shares
669 shares
Total shares reported in transactionSummary for code F
Key Terms
Form 4, grant or award, Payment of exercise price or tax liability by delivering or withholding securities, Rule 10b5-1
4 terms
Form 4 regulatory
"This EAT Form 4 reports equity transactions by an executive officer"
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.
grant or award financial
"Described as a grant or award acquisition of 1,286 shares on 2026-08-27"
Payment of exercise price or tax liability by delivering or withholding securities financial
"The code F transaction is described as Payment of exercise price or tax liability"
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox is explicitly unchecked for these transactions"
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 transactions did EAT executive George S. Felix report?
George S. Felix reported two transactions: a grant or award of 1,286 common shares on 2026-08-27 and a disposition of 669 shares on 2026-08-28 to pay the exercise price or tax liability by delivering or withholding securities.
Was a Rule 10b5-1 trading plan indicated in this EAT Form 4?
The document-level Rule 10b5-1 checkbox is unchecked (aff_10b5_one is false), so the transactions are not affirmatively reported as being made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.