GILES WILLIAM T 4

What Happened

• William T. Giles, a director of Brinker International (EAT), was granted 442 shares on February 12, 2026. The filing records the shares as acquired at a $0.00 price, giving a reported transaction value of $0.00. This was an award/compensation grant (Form 4 code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-12; acquisition type: Award/Grant (code A)
• Price per share: $0.00; total reported value: $0.00
• Shares acquired: 442
• Shares owned after the transaction: not specified in the provided filing excerpt
• No footnotes (e.g., 10b5-1 plan or tax withholding) were indicated in the provided data
• Filing date: 2026-02-17 — timely filed (Feb 16 was a federal holiday, moving the two-business-day deadline to Feb 17)

Context

• Awards recorded at $0.00 are typically compensation grants (restricted stock, RSUs, or similar) and reflect company compensation rather than an insider purchasing stock with personal funds. Such grants do not, by themselves, signal the same market conviction that open-market purchases do. The filing does not indicate any immediate sale or cashless conversion of these shares.