Ware Michaela M 4

What Happened
Michaela M. Ware, Chief Financial Officer of Brinker International (EAT), sold 5,000 shares in an open-market sale on February 5, 2026. The shares were sold for a weighted average price of $162.40, generating total gross proceeds of approximately $812,000. This was a sale (not a purchase), which is often routine for insiders managing personal liquidity or portfolio needs.

Key Details

• Transaction date: February 5, 2026. Form 4 filed February 6, 2026 (within the standard reporting window).
• Price: Weighted average $162.40; individual trades ranged from $161.92 to $162.52 (see footnote).
• Shares sold: 5,000; total proceeds ≈ $812,000.
• Post-transaction holdings: The filing notes holdings are reflected as units in the Brinker Common Stock Fund under the Brinker 401(k) Savings Plan (see footnote); the Form 4 summarizes those units rather than a simple share count.
• Footnotes: F1 explains the reported price is a weighted average across multiple trades and offers further breakdown on request. F2 clarifies holdings are reported as 401(k) fund units.
• Timeliness: Filing appears timely (filed the business day after the transaction).

Context

• Sales by executives can be routine (e.g., portfolio diversification, tax or liquidity needs) and are not, by themselves, a definitive signal about company prospects. Purchases tend to be more informative about insider sentiment.
• No options exercise, gift, or other derivative activity was reported in this transaction.