Brinker (EAT) Director Cindy L. Davis Sells 1,775 Shares
$EAT · BRINKER INTERNATIONAL, INCResearch Summary
AI-generated summary of this SEC filing
Brinker (EAT) Director Cindy L. Davis Sells 1,775 Shares
What Happened
Cindy L. Davis, a director of Brinker International, sold 1,775 shares of Brinker stock in an open-market transaction on August 13, 2026. The shares were disposed at $248.92 per share for a total transaction value of $441,833. This was a sale (not a purchase or option exercise), which is often routine liquidity rather than a direct signal about company prospects.
Key Details
- Transaction date: 2026-08-13; Price: $248.92 per share; Shares sold: 1,775; Proceeds: $441,833.
- Transaction type: Sale (Form 4 code "S").
- Filing date: Form 4 filed 2026-08-17 — appears timely given the Aug 13 transaction (filed within the SEC’s reporting window).
- Post-transaction holdings: Not specified in the information provided; see the full filed Form 4 for reported ownership after the sale.
- No notes in the supplied summary about a 10b5-1 trading plan, option exercise, gift, or tax-withholding disposition.
Context
Insider sales can reflect personal liquidity needs, routine portfolio management, or other non-public-fundamental reasons; they are not by themselves definitive indicators of company performance. Purchases generally carry more weight for signaling insider conviction. For complete details (including any footnotes or post-transaction holdings), consult the full Form 4 filing (Accession: 0001193125-26-354411).