Allen Frances L. 4

What Happened
Allen Frances, a director of Brinker International, sold 1,000 shares of company stock in an open-market transaction on June 4, 2026 at $143.60 per share, for a total proceeds of $143,600. The Form 4 reports this as a sale (transaction code S).

Key Details

• Transaction date and price: 2026-06-04 at $143.60 per share.
• Total value: $143,600.
• Transaction type/code: Open-market sale (S).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-06-08 (Accession No. 0001193125-26-262061); filing date appears to be timely (filed within two business days).
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes were indicated in the information provided.

Context
This was a straightforward sale by a board director rather than an executive or 10% owner. Sales by directors can be routine (e.g., diversification or personal liquidity) and do not necessarily indicate a change in company outlook; purchases are generally more informative about insider confidence.