Brinker International (NYSE: EAT) CEO logs sale and 154K-share grant
Rhea-AI Filing Summary
BRINKER INTERNATIONAL, INC executive Kevin Hochman, President & CEO, reported multiple Form 4 transactions in Common Stock on August 13, 2026. He sold 40,000 shares at $241.41 per share in an open-market or private transaction pursuant to a Rule 10b5-1 trading plan adopted on March 4, 2026. On the same date, he acquired 154,418 shares as a grant or award at a reported price of $0.00 per share and had 60,152 shares delivered or withheld for payment of exercise price or tax liability at $245.11 per share.
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Insights
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Insider Trade Summary 10b5-1
Net Buyer: 54,266 shares
Net Buy
3 txns
Insider
Hochman Kevin
Role
Pres. & CEO
Sold
40,000 shs ($9.66M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 40,000 | $241.41 | $9.66M |
| Grant/Award | Common Stock | 154,418 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 60,152 | $245.11 | $14.74M |
Holdings After Transaction:
Common Stock — 184,090 shares (Direct)
Footnotes (1)
- F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on March 4, 2026.
Key Figures
Shares sold: 40,000 shares
Sale price: $241.41 per share
Shares granted: 154,418 shares
+3 more
6 metrics
Shares sold
40,000 shares
Common Stock sale on August 13, 2026 at $241.41 per share
Sale price
$241.41 per share
Price for 40,000-share Common Stock sale on August 13, 2026
Shares granted
154,418 shares
Common Stock grant or award on August 13, 2026 at $0.00 per share
Shares delivered/withheld
60,152 shares
Code F transaction for exercise price or tax liability on August 13, 2026
Code F price
$245.11 per share
Value for 60,152 shares delivered or withheld for exercise price or tax liability
10b5-1 plan adoption date
March 4, 2026
Adoption date of Rule 10b5-1 trading plan covering the reported sale
Key Terms
Rule 10b5-1 trading plan, Form 4, Payment of exercise price or tax liability, Grant, award, or other acquisition
4 terms
Rule 10b5-1 trading plan regulatory
"transactions were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"The transactions reported in this Form 4 were effected"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
Grant, award, or other acquisition financial
"transaction code description "Grant, award, or other acquisition""
FAQ
What insider transactions did EAT President & CEO Kevin Hochman report on August 13, 2026?
Kevin Hochman reported a sale of 40,000 EAT shares, a grant of 154,418 shares, and 60,152 shares delivered or withheld for exercise price or tax liability, all in Common Stock on August 13, 2026.
At what prices were Kevin Hochman’s EAT stock transactions executed on August 13, 2026?
He sold 40,000 shares at $241.41 per share and had 60,152 shares delivered or withheld at $245.11 per share for exercise price or tax liability. The 154,418-share grant shows a reported price of $0.00 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.