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

Rhea-AI Filing Summary

Brinker International insider filing: Michaela M. Ware, EVP and Chief Financial Officer, reported changes in her beneficial ownership of Brinker International (EAT) common stock. On 08/28/2025 she was credited with 1,928 shares (transaction code A) at $0, increasing her direct holdings to 27,395.37 shares. On 08/29/2025 she disposed of 1,232 shares (transaction code F) at $153.96, leaving 26,163.37 shares directly owned. The filing also reports indirect ownership of 3,259.86 shares held in the Brinker Common Stock Fund under the company 401(k) Savings Plan as of 08/28/2025. The form was signed by an attorney-in-fact on 09/02/2025.

Insights

Financial Analyst

TL;DR Routine insider transactions: allocation to 401(k) and a subsequent sale; no material change to control.

The filing shows an employer plan allocation of 1,928 shares at $0 on 08/28/2025 and a sale of 1,232 shares at $153.96 on 08/29/2025 by the CFO, leaving approximately 26,163.37 shares held directly and 3,259.86 shares indirectly via the 401(k). The amounts are modest relative to typical company float and reflect personal compensation plan activity and a small subsequent disposition. There is no disclosure in this form indicating any change in role, extraordinary transactions, or derivative activity.

Corporate Governance Expert

TL;DR Disclosure aligns with Section 16 reporting: shows compensation-related allocation and a timely sale; governance impact is neutral.

The report identifies Michaela M. Ware as an officer and discloses both direct and indirect holdings, including 401(k) fund units. The allocation recorded at $0 is consistent with plan contributions or employer stock fund accounting; the subsequent sale is reported with price and amount. The filing appears complete for the transactions presented and follows required signature and filing conventions.

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

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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)
08/28/2025

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	08/28/2025		A		1,928	A	$0	27,395.37	D
Common Stock	08/29/2025		F		1,232	D	$153.96	26,163.37	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	09/02/2025
	** 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 transactions did Brinker (EAT) CFO Michaela Ware report on Form 4?

The CFO reported an allocation of 1,928 shares on 08/28/2025 (code A) and a sale of 1,232 shares on 08/29/2025 at $153.96 per share.

How many Brinker (EAT) shares does Michaela Ware own after these transactions?

After the reported transactions, Michaela Ware beneficially owns 26,163.37 shares directly, plus 3,259.86 shares indirectly via the company 401(k) fund.

What does the $0 price on the 08/28/2025 transaction mean in the filing?

The filing shows the 08/28/2025 allocation at a price of $0, which in this form reflects an employer plan allocation recorded that day; the form does not provide further explanation beyond the 401(k) note.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Christopher L. Green, as Attorney-in-Fact on 09/02/2025.

Does the Form 4 report any derivative securities or option exercises?

No. Table II for derivative securities contains no reported transactions; only non-derivative common stock transactions are listed.