Brinker (NYSE: EAT) Chili's COO gifts 500 company shares
Rhea-AI Filing Summary
BRINKER INTERNATIONAL, INC (EAT) insider Douglas N. Comings, SVP & COO of Chili's, reported a bona fide gift of 500 shares of common stock on August 17, 2026. After this gift, he directly holds 17,027 shares, plus an indirect interest in 1,982.18 units of the Brinker Common Stock Fund in the company 401(k) Plan as of August 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 500 shares
Net Sell
2 txns
Insider
Comings Douglas N.
Role
SVP & COO, Chili's
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 500 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,027 shares (Direct);
Common Stock — 1,982.18 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. Reflects the number of units in the Brinker Common Stock Fund under the Brinker International, Inc. 401(k) Plan, as of August 13, 2026.
Key Figures
Shares gifted: 500 shares
Gift price per share: 0.0000
Direct holdings after transaction: 17027 shares
+2 more
5 metrics
Shares gifted
500 shares
Bona fide gift of common stock on August 17, 2026
Gift price per share
0.0000
Reported transaction price per share for the 500-share gift
Direct holdings after transaction
17027 shares
Direct common stock owned by Douglas N. Comings after the gift
Indirect 401(k) units
1982.18 units
Units in Brinker Common Stock Fund under the 401(k) Plan as of August 13, 2026
Gift transactions in filing
1
Count of bona fide gift transactions reported in this Form 4
Key Terms
bona fide gift, indirect ownership, Brinker Common Stock Fund, 401(k) Plan
4 terms
bona fide gift financial
"The transaction was coded as a <b>bona fide gift</b> of 500 shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"Reported as <b>indirect ownership</b> by 401(k) Plan"
Brinker Common Stock Fund financial
"Units in the <b>Brinker Common Stock Fund</b> under the 401(k) Plan"
401(k) Plan financial
"Under the Brinker International, Inc. <b>401(k) Plan</b>, as of August 13, 2026"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did EAT executive Douglas N. Comings report?
Douglas N. Comings reported a bona fide gift of 500 shares of Brinker International common stock on August 17, 2026. The transaction was coded as a gift (code G) with no sale proceeds reported.
Does Douglas N. Comings have indirect holdings of EAT through a retirement plan?
Yes. He has an indirect interest in 1,982.18 units of the Brinker Common Stock Fund under the Brinker International, Inc. 401(k) Plan, as of August 13, 2026, representing retirement-plan based exposure to EAT stock.
Was the EAT insider transaction by Douglas N. Comings a purchase or sale?
The transaction was neither a purchase nor a sale; it was a bona fide gift of 500 shares. The Form 4 classifies it under transaction code G, which denotes a gift disposition rather than a market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
