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

Rhea-AI Filing Summary

Kevin Hochman, President & CEO of Brinker International (EAT), reported insider transactions dated 08/19/2025. The filing shows an acquisition of 142,958 common shares at a $0 price (reported as an acquisition) which raised his reported direct beneficial ownership to 313,121 shares. The filing also reports a disposition of 56,254 common shares sold at $156.13, leaving 256,867 shares beneficially owned following the sale. The Form 4 was signed by an attorney-in-fact on 08/21/2025.

Positive

• Increased reported ownership via acquisition: 142,958 shares were acquired (reported at $0), raising ownership to 313,121 before sale
• Full disclosure of transactions with transaction codes and resulting beneficial ownership provided on Form 4

Negative

• Insider sale: 56,254 shares were disposed of at $156.13, reducing direct holdings to 256,867 shares

Insights

Securities Analyst

TL;DR: CEO reported a vesting/acquisition of shares and a contemporaneous sale, netting a reduced but still sizeable direct stake.

The Form 4 shows two transactions on 08/19/2025: an acquisition of 142,958 common shares at $0 and a sale of 56,254 shares at $156.13, producing a net decrease from 313,121 to 256,867 shares after the sale. The acquisition at $0 is consistent with share awards or vesting rather than an open-market purchase; the sale generated proceeds at the reported price. These are routine executive equity transactions that change the CEO's direct holdings but do not, by themselves, disclose purpose or broader corporate actions.

Corporate Governance Expert

TL;DR: Transaction pattern reflects award vesting plus partial monetization; disclosure is complete for Section 16 reporting.

The filing cleanly reports the CEO's change in beneficial ownership with transaction codes and resulting ownership figures. The $0 acquisition amount indicates issuance or vesting of shares rather than a market purchase, and the separate reported sale at $156.13 shows partial disposition. From a governance and disclosure perspective, the Form 4 provides the required transparency on insider holdings and recent activity.

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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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^*

Hochman Kevin

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres. & CEO & Pres. of Chili's

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

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	08/19/2025		A		142,958	A	$0	313,121	D
Common Stock	08/19/2025		F		56,254	D	$156.13	256,867	D

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:

	/s/ Christopher L. Green, as Attorney-in-Fact	08/21/2025
	** 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 transactions did Kevin Hochman (EAT) report on the Form 4?

On 08/19/2025 he reported an acquisition of 142,958 common shares at $0 and a sale of 56,254 shares at $156.13.

How many Brinker (EAT) shares does Kevin Hochman beneficially own after the reported transactions?

Following the reported sale, he beneficially owns 256,867 common shares (direct).

What does the $0 acquisition price on the Form 4 indicate?

The filing reports an acquisition at $0; this is the reported price in the Form 4 and typically reflects issued or vested awards as reported (no further details are provided in this document).

When were these securities transactions executed and when was the Form 4 signed?

Transactions are dated 08/19/2025 and the Form 4 was signed by an attorney-in-fact on 08/21/2025.

What was the sale price per share for the disposition reported on the Form 4?

The disposition of 56,254 shares was reported at $156.13 per share.