[Form 4] Brinker International, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Brinker International insider sale reported. Michaela M. Ware, EVP and Chief Financial Officer, reported a sale of 1,108 shares of Brinker International common stock on 09/08/2025 at a price of $157.33 per share. After the reported transaction, the filing shows 25,055.37 shares beneficially owned. The filing also discloses an indirect holding of 3,259.86 units in the Brinker Common Stock Fund under the company 401(k) Savings Plan as of August 28, 2025. The Form 4 was signed by an attorney-in-fact on 09/09/2025.
Positive
- Timely compliance with Section 16 reporting requirements, as evidenced by the filed Form 4 and attorney-in-fact signature
- Continued ownership shown via direct holdings and 3,259.86 units held indirectly in the company 401(k) Savings Plan
Negative
- Disposition of 1,108 shares on 09/08/2025 at $157.33 per share, representing insider selling activity
Insights
TL;DR: A material insider sale was reported but the executive retains significant holdings and 401(k) units.
The filing documents an open-market disposition of 1,108 shares at $157.33, reducing the reporting persons direct beneficial holdings to the amount shown. The report also clarifies indirect ownership through 3,259.86 units in the companys 401(k) fund as of August 28, 2025. This is a routine Section 16 disclosure that provides transparency on insider liquidity; the filing contains no earnings, debt, or corporate-action details.
TL;DR: The officer complied with Section 16 reporting by disclosing a sale and residual holdings; no governance changes disclosed.
The Form 4 indicates timely reporting of a sale by an executive officer and lists both direct and indirect ownership components. There are no amendments, new grants, or indications of beneficial ownership transfers to affiliates beyond the 401(k) disclosure. From a governance perspective, the filing is a standard insider transaction disclosure without evidence of related governance actions.