Brinker CEO sells 40K shares at $243 average

BRINKER INTERNATIONAL, INC (EAT) reported an insider transaction by President and CEO Kevin Hochman.

Rhea-AI Filing Summary

BRINKER INTERNATIONAL, INC (EAT) reported an insider transaction by President and CEO Kevin Hochman. On 2026-08-17, he sold 40,000 shares of common stock in an open market or private transaction at a weighted average price of $243.15 per share, with individual trade prices ranging from $234.73 to $249.35. Following this sale, he directly holds 144,090 shares of Brinker International common stock. The sale was effected pursuant to a Rule 10b5-1 trading plan previously adopted by Hochman on May 4, 2026.

Insider Trade Summary 10b5-1

Net Seller: 40,000 shares

Net Sell 1 txn

Insider Hochman Kevin

Role Pres. & CEO

Sold 40,000 shs ($9.73M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	40,000	$243.15	$9.73M

Holdings After Transaction: Common Stock — 144,090 shares (Direct)

Footnotes (2)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $234.73 to $249.35, inclusive. The reporting person undertakes to provide to Brinker International, any security holder of Brinker International or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
2. F2. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on May 4, 2026.

Key Figures

Shares sold: 40,000 shares Weighted average sale price: $243.15 per share Sale price range low: $234.73 per share +3 more

6 metrics

Shares sold 40,000 shares Common stock sold by CEO Kevin Hochman on 2026-08-17

Weighted average sale price $243.15 per share Average price for the 40,000 EAT shares sold

Sale price range low $234.73 per share Lowest price among multiple sale transactions in the reported block

Sale price range high $249.35 per share Highest price among multiple sale transactions in the reported block

Shares owned after transaction 144,090 shares Direct common stock holdings of Kevin Hochman following the sale

10b5-1 plan adoption date May 4, 2026 Date CEO’s Rule 10b5-1 trading plan was adopted

Key Terms

Rule 10b5-1 trading plan, weighted average price, open market or private transaction

3 terms

Rule 10b5-1 trading plan regulatory

"The transactions reported in this Form 4 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.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market or private transaction market

"transaction_code_description: Sale in open market or private transaction"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did EAT report for CEO Kevin Hochman?

Brinker International (EAT) reported that CEO Kevin Hochman sold 40,000 shares of common stock on 2026-08-17. The transaction was a reported open market or private sale under a Rule 10b5-1 trading plan.

At what price did the EAT CEO sell his 40,000 shares?

Kevin Hochman sold 40,000 EAT shares at a weighted average price of $243.15 per share. Individual transactions occurred in a price range of $234.73 to $249.35, as disclosed in the filing footnotes.

How many EAT shares does CEO Kevin Hochman own after this Form 4 sale?

After the reported sale, CEO Kevin Hochman directly holds 144,090 shares of Brinker International (EAT) common stock. This figure reflects his direct ownership position immediately following the 40,000-share disposition on 2026-08-17.

Was the EAT CEO’s stock sale executed under a Rule 10b5-1 plan?

Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by Kevin Hochman on May 4, 2026. This indicates the sales followed a pre-established trading arrangement.

How many EAT insider share sales are reported in this Form 4?

The Form 4 for Brinker International (EAT) reports one non-derivative transaction: a sale of 40,000 common shares by CEO Kevin Hochman. No derivative security exercises or gifts are included in this particular filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/18/2026 - 04:25 PM EDT Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Hochman Kevin

(Last) (First) (Middle)

3000 OLYMPUS BLVD.

(Street)

DALLAS TEXAS 75019

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BRINKER INTERNATIONAL, INC [ EAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres. & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/17/2026		S		40,000	D	$243.15(1)(2)	144,090	D

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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $234.73 to $249.35, inclusive. The reporting person undertakes to provide to Brinker International, any security holder of Brinker International or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

2. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on May 4, 2026.

	/s/ Christopher L. Green, as Attorney-in-Fact	08/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)