Insider Purchase: Brinker director adds 249 shares to reach 1,521
Rhea-AI Filing Summary
Liberio Frank D, a director of Brinker International, Inc. (EAT), reported acquiring 249 shares of the company's common stock on 08/28/2025 under Form 4. The transaction is coded as an acquisition (Code A) with a reported price of $0, and the filing shows 1,521 shares beneficially owned after the transaction. The Form 4 was signed via power of attorney by Christopher L. Green on 09/02/2025.
Positive
- Director increased holdings by 249 shares, raising beneficial ownership to 1,521 shares.
- Form 4 filed and signed (via attorney-in-fact), satisfying Section 16 disclosure requirements.
Negative
- None.
Insights
TL;DR: A routine insider purchase of 249 shares by a director increases his holdings modestly; not material to company valuation.
The reported acquisition of 249 shares increases the director's beneficial ownership to 1,521 shares. The transaction is recorded at a price of $0 on the form; the filing does not explain that price. For investors, this is a small, routine insider activity and does not, by itself, indicate a material change in company fundamentals or valuation.
TL;DR: Disclosure meets Section 16 requirements; signature by attorney-in-fact indicates use of a power of attorney for filing.
The Form 4 identifies the reporting person as a director and shows the filing was executed by an attorney-in-fact, which is common for administrative filings. The report includes transaction code A and updates beneficial ownership. There is no indication of amendments or additional related-party arrangements in the filing.
FAQ
What transaction did Brinker (EAT) director Liberio Frank D report?
How many shares does Liberio Frank D own after the reported transaction?
What price was reported for the shares acquired on the Form 4?
When was the Form 4 executed and who signed it?
Is this Form 4 an amendment or part of a joint filing?