[Form 4] Brinker International, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Daniel S. Fuller, identified as SVP, Chief Legal Officer for Brinker International, Inc. (EAT), reported non-derivative transactions in the company's common stock. On 08/28/2025 1,543 shares were acquired at $0 (reflecting units held in the Brinker Common Stock Fund under the company 401(k) Savings Plan), bringing his total to 45,484 shares. On 08/29/2025 he disposed of 1,152 shares at $153.96, resulting in 44,332 shares beneficially owned following the sale. The Form 4 was signed by an attorney-in-fact on 09/02/2025. The filings show the acquisition was via the company 401(k) plan and the subsequent sale is recorded at the stated price.
Positive
- Acquisition via 401(k) shows ongoing employee participation in the company stock plan
- Complete disclosure of transaction dates, amounts, prices, and post-transaction ownership
Negative
- Disposition of 1,152 shares at $153.96 reduced beneficial ownership from 45,484 to 44,332 shares
Insights
TL;DR Routine insider 401(k) contribution and a small open-market sale; not a material change in beneficial ownership.
The Form 4 shows an employee plan contribution of 1,543 shares on 08/28/2025 credited at $0, consistent with internal fund accounting for the Brinker Common Stock Fund under the company 401(k). The following day a sale of 1,152 shares at $153.96 reduced holdings to 44,332 shares. These transactions appear administrative and routine: the acquisition increased holdings modestly while the sale represented ~2.5% of pre-transaction holdings (45,484 prior to sale). There is no derivative activity reported and no indication of unusual timing or size relative to reported total holdings.
TL;DR Insider filings document routine plan-based acquisition and a small disposition; governance disclosure appears complete.
The filer is disclosed as SVP, Chief Legal Officer, and the Form 4 includes the required detail: transaction dates, codes, share amounts, prices, and post-transaction beneficial ownership. The acquisition is explicitly tied to the company 401(k) Savings Plan per the explanatory note. The signature block shows filing via attorney-in-fact with a dated signature. No omissions or amendments are indicated in the provided content.