Allen Frances L. 4
Research Summary
AI-generated summary
Brinker (EAT) Director Allen Frances L. Sells 1,999 Shares
What Happened
Allen Frances L., a director of Brinker International, sold 1,999 shares in an open-market transaction on June 8, 2026. The sale produced gross proceeds of approximately $286,777, at a reported weighted-average price of $143.46 per share (range $142.60–$144.32).
Key Details
- Transaction type: Sale (open market), Code: S
- Transaction date: 2026-06-08; Form 4 filed: 2026-06-09 (timely)
- Shares sold: 1,999; Weighted-average price: $143.46; Total proceeds: ~$286,777
- Price range (per footnote): $142.60 to $144.32; reporting person can provide per-trade breakdown on request (Footnote F1)
- Shares owned after transaction: Not specified in the provided filing excerpt
Context
This was a straight sale of shares (not an option exercise, award, or gift). Sales by directors are common and can be for many personal or portfolio reasons; the filing alone does not indicate the director’s view of the company’s prospects.