Insider Filing: Katzman Increases Brinker Stake to 29,293 Shares
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.
FAQ
What insider transaction did James C. Katzman (EAT) report?
What price was reported for the EAT transaction by James C. Katzman?
When was the Form 4 signed for the Katzman transaction?
What is James C. Katzman’s role at Brinker International (EAT)?
Does the Form 4 explain why the transaction price is $0?