[Form 4] Brinker International, Inc. Insider Trading Activity
Rhea-AI Filing Summary
James C. Katzman, a director of Brinker International, Inc. (EAT), reported a non-derivative acquisition of 434 shares on 08/28/2025, increasing his beneficial ownership to 29,293 shares. The Form 4 was signed by an attorney-in-fact on 09/02/2025. The reported transaction price is listed as $0 in the filing.
Positive
- Director acquired additional shares, increasing beneficial ownership to 29,293 shares, which demonstrates additional insider ownership.
- Form 4 filed and signed by authorized representative, indicating compliance with Section 16 reporting requirements.
Negative
- Transaction price recorded as $0 in the filing, which is unusual and unclear based on the document alone.
- Filing does not provide explanatory details (e.g., whether transaction was a gift, award, or error), leaving the nature of the $0 price unresolved.
Insights
TL;DR: Insider bought 434 shares, modestly increasing holdings to 29,293; transaction details show an atypical $0 price.
The purchase of 434 shares is a small, incremental change relative to institutional positions and likely has limited market impact. The filing clearly shows the post-transaction beneficial ownership at 29,293 shares, confirming increased insider alignment with the company. The reported price of $0 is recorded in the Form 4 and may warrant confirmation from subsequent filings or amendments.
TL;DR: Director-level insider reported acquisition, strengthening personal stake; procedural detail (attorney-in-fact signature) confirms authorized filing.
The report identifies James C. Katzman as a director who acquired 434 shares and filed the Form 4 via an authorized representative, as evidenced by the attorney-in-fact signature dated 09/02/2025. This disclosure fulfills Section 16 reporting obligations. The entry of a $0 price is explicitly shown in the filing and should be reviewed for clerical accuracy.