Brinker International (EAT) director Cindy Davis gifts 670 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRINKER INTERNATIONAL, INC director Cindy L. Davis reported a bona fide gift of 670 shares of Common Stock. The shares were transferred at a reported price of $0.00 per share, consistent with a non-cash charitable or personal gift. Following this disposition, she directly holds 10,465 shares of Brinker International common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
670 shares gifted
Mixed
1 txn
Insider
Davis Cindy L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 670 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,465 shares (Direct, null)
Footnotes (1)
Key Figures
Shares gifted: 670 shares
Reported gift price: $0.00 per share
Shares held after transaction: 10,465 shares
+1 more
4 metrics
Shares gifted
670 shares
Bona fide gift of Brinker International common stock
Reported gift price
$0.00 per share
Price for 670-share gift transaction
Shares held after transaction
10,465 shares
Direct Brinker International common stock holdings after gift
Gift transactions in filing
1 gift, 670 shares
From transaction summary for this Form 4
Key Terms
Bona fide gift, Common Stock, Form 4
3 terms
Bona fide gift financial
"transaction_code_description: "Bona fide gift""
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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
What insider transaction did Brinker International (EAT) director Cindy L. Davis report?
Cindy L. Davis reported a bona fide gift of 670 shares of Brinker International common stock. The transaction used code G, indicating a gift, with a reported price of $0.00 per share and reduced her direct holdings to 10,465 shares.
Was the Brinker International (EAT) Cindy L. Davis transaction a market sale or purchase?
The transaction was not a market sale or purchase; it was coded as a bona fide gift (code G). The 670 common shares were transferred at a reported price of $0.00 per share, indicating a non-cash disposition rather than an open-market trade.
What does transaction code G mean in the Brinker International (EAT) Form 4 filing?
Transaction code G in this Form 4 indicates a bona fide gift of securities. For Cindy L. Davis, it reflects the transfer of 670 Brinker International common shares at a reported price of $0.00 per share, classifying the event as a non-cash disposition.
Did Brinker International (EAT) director Cindy L. Davis receive any proceeds from the 670-share transfer?
The Form 4 reports a transaction price of $0.00 per share for the 670 gifted shares. Combined with the G transaction code for a bona fide gift, this indicates no cash proceeds were received by Cindy L. Davis in connection with this disposition.