JOHNSON TIMOTHY A 4
Research Summary
AI-generated summary
Brinker (EAT) Director Timothy A. Johnson Receives 238-Share Award
What Happened
Timothy A. Johnson, a director of Brinker International, Inc. (EAT), was awarded 238 shares on February 12, 2026. The Form 4 reports the acquisition as an award/grant (transaction code "A") with reported acquisition price $0.00, meaning no cash was paid for the shares on the Form 4.
Key Details
- Transaction date: 2026-02-12; Form 4 filed: 2026-02-17 (appears to be one business day late under the two-business-day reporting rule).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 238; reported acquisition price: $0.00 (no cash consideration reported).
- Shares owned after transaction: not specified in the public Form 4 filing.
- No footnotes, 10b5-1 plan, tax-withholding or other special legends were reported on the filing.
Context
An "A" code award is typically a compensation grant (e.g., restricted stock or similar), not an open-market purchase or sale; such grants are common for directors and do not necessarily indicate a buy/sell signal from the insider. The late filing reduces immediacy of public disclosure but does not, by itself, indicate wrongdoing.