[Form 4] Brinker International, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Brinker International (EAT) Form 4 shows insider Daniel S. Fuller, SVP and Chief Legal Officer, reported transactions on 08/19/2025. He acquired 16,884 shares in a non‑derivative transaction recorded at $0, reflecting units held in the company 401(k) Savings Plan, bringing his beneficial ownership to 49,639 shares. He also disposed of 5,698 shares at $156.13, leaving 43,941 shares beneficially owned following the reported transactions. The filing was signed by an attorney‑in‑fact on 08/21/2025.
Positive
- Acquisition of 16,884 shares credited to the Brinker Common Stock Fund under the company 401(k) Savings Plan
- Timely disclosure filed as Form 4 and signed by attorney‑in‑fact on 08/21/2025
Negative
- Disposition of 5,698 shares at $156.13, reducing beneficial holdings to 43,941 shares
Insights
TL;DR Insider reported plan‑based 401(k) acquisition and a separate sale reducing holdings.
The Form 4 records two offsetting non‑derivative events on 08/19/2025: a purchase/credit of 16,884 shares to the Brinker Common Stock Fund under the company 401(k) Savings Plan at $0 (administrative allocation rather than open market purchase) and a sale of 5,698 shares at $156.13. Beneficial ownership moved from prior levels to 49,639 shares post‑acquisition and to 43,941 shares after the sale. These are routine plan and personal transactions rather than indicators of corporate events.
TL;DR Transactions appear administrative and consistent with 401(k) activity and personal disposition.
The filing explicitly ties the acquired units to the Brinker Common Stock Fund under the 401(k) Savings Plan. The $0 price for the 16,884 units supports that characterization. The separate sale of 5,698 shares at $156.13 is recorded as a disposal. Both events are disclosed per Section 16 requirements and the form is signed by an attorney‑in‑fact on 08/21/2025, indicating timely reporting. No derivative instruments or additional contingent arrangements are reported.