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

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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.

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
Estimated average burden
hours per response: 0.5
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*
Ware Michaela M

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025
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 09/08/2025 F 1,108 D $157.33 25,055.37 D
Common Stock 3,259.86(1) I By 401(k) Plan
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:
1. Reflects the number of units held in the Brinker Common Stock Fund under the Brinker International, Inc. 401(k) Savings Plan as of August 28, 2025.
/s/ Christopher L. Green, as Attorney-in-Fact 09/09/2025
** 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 insider transaction did Brinker International (EAT) report?

The Form 4 reports that EVP and CFO Michaela M. Ware sold 1,108 shares of Brinker common stock on 09/08/2025 at $157.33 per share.

How many Brinker shares does the reporting person own after the sale?

The filing shows 25,055.37 shares beneficially owned following the reported transaction.

Does the filing show any indirect holdings for the reporting person?

Yes. The filing discloses 3,259.86 units held in the Brinker Common Stock Fund under the Brinker International 401(k) Savings Plan as of August 28, 2025.

When was the Form 4 signed and by whom?

The Form 4 was signed by Christopher L. Green, as Attorney-in-Fact, on 09/09/2025.

Does this Form 4 disclose any option grants or derivative transactions?

No. Table II for derivative securities contains no reported transactions in this filing.
Brinker Intl Inc

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