[Form 4] Brinker International, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Brinker International insider transactions: Douglas N. Comings, SVP & COO of Brinker International (EAT), reported purchases and sales of the company’s common stock on August 28–29, 2025. The filing shows an acquisition of 1,543 shares on 08/28/2025 reported as purchase (code A) at $0 in connection with the Brinker 401(k) Savings Plan, and a sale of 1,211 shares on 08/29/2025 (code F) at $153.96 per share. Following these transactions, the reporting person’s beneficial ownership decreased from 32,793 shares to 31,582 shares. The filing was signed by an attorney-in-fact on 09/02/2025.

Positive

• Reported transactions tied to the company 401(k) plan, indicating plan-based allocation rather than unexplained purchases
• Form 4 filed and signed (via attorney-in-fact), showing compliance with Section 16 reporting requirements

Negative

• Sale of 1,211 shares at $153.96 reduced the reporting person’s direct holdings from 32,793 to 31,582 shares

Insights

Financial Analyst

TL;DR: Insider executed routine 401(k) allocation and a subsequent open-market sale, modestly reducing direct holdings.

The reported 1,543-share acquisition on 08/28/2025 appears as units held in the Brinker Common Stock Fund under the company 401(k), recorded at $0 which reflects internal plan accounting rather than an open-market purchase price. The 1,211-share disposal on 08/29/2025 at $153.96 reduced direct beneficial ownership by about 3.7% of the pre-transaction direct holdings (from 32,793 to 31,582 shares). These moves are routine compensation/plan-related and trading activity rather than an operational signal; impact on share count and potential dilution is de minimis for investors.

Corporate Governance Expert

TL;DR: Filing complies with Section 16 reporting; transactions are plan-related and a subsequent sale, showing no governance red flags.

The Form 4 discloses both a plan-related acquisition and a market sale by an officer, with clear identification of role (SVP & COO) and filing singularly by the reporting person. The explanatory footnote ties the acquisition to the Brinker 401(k) Savings Plan. There is no indication of unreported related-party transfers or unusual derivative activity. Timely filing (signed by attorney-in-fact) suggests compliance with disclosure obligations.

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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hours per response:			0.5

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^*

Comings Douglas N.

(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 & COO, Chili's

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		1,543	A	$0	32,793	D
Common Stock	08/29/2025		F		1,211	D	$153.96	31,582	D
Common Stock								1,959.23(1)	I	By 401(k) Plan

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:

1. Reflects the number of units held in the Brinker Common Stock Fund under the Brinker International, Inc. 401(k) Savings Plan as of August 28, 2025.

	/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 trades did Douglas N. Comings report on Form 4 for EAT?

He reported an acquisition of 1,543 shares on 08/28/2025 tied to the Brinker 401(k) Savings Plan and a sale of 1,211 shares on 08/29/2025 at $153.96 per share.

How did these transactions change Comings’ beneficial ownership of EAT?

Beneficial ownership decreased from 32,793 shares to 31,582 shares following the reported transactions.

Was the acquisition priced at $0 on the Form 4?

Yes, the Form 4 shows the 08/28/2025 acquisition with a reported price of $0, reflecting units allocated under the company’s 401(k) plan.

Who signed the Form 4 filing for Comings?

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

Does the Form 4 show any derivative securities or option activity?

No. Table II for derivative securities contains no reported transactions or holdings in this filing.