EAT Form 4: Director Cindy Davis Reports 1,103-Share Disposal
Rhea-AI Filing Summary
Cindy L. Davis, a director of Brinker International, Inc. (EAT), reported a transaction on 09/02/2025 disposing of 1,103 shares of Common Stock under code G at a reported price of $0, leaving her with 10,727 shares beneficially owned. The Form 4 was signed by an attorney-in-fact on 09/03/2025. The filing discloses the change in direct ownership and the reporting person’s status as a director.
Positive
- Timely disclosure of insider change in beneficial ownership, satisfying Section 16 reporting requirements
- Clear reporting of post-transaction ownership (10,727 shares), aiding transparency for investors and regulators
Negative
- None.
Insights
TL;DR: Director reported a small, zero-price disposal leaving 10,727 shares; appears routine and informational.
The Form 4 shows a single non-derivative disposal of 1,103 common shares by Director Cindy L. Davis on 09/02/2025 coded G and reported at a price of $0, which typically indicates a gift or similar transfer rather than a market sale. Following the transaction, direct beneficial ownership is 10,727 shares. The filing meets Section 16 reporting requirements and was executed by an attorney-in-fact.
TL;DR: Disclosure is compliant and routine; the transaction does not by itself indicate material governance change.
The report identifies the reporting person as a director and records a single change in non-derivative ownership. The use of transaction code G and a price of $0 should be interpreted strictly from the filing as a non-sale transfer. The document includes the required signature from an attorney-in-fact, indicating proper execution of the Form 4.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,103 | $0.00 | -- |