Brinker (EAT) Director Joseph DePinto Sells 25,000 Shares

What Happened

• Joseph Michael DePinto, a director of Brinker International (EAT), reported two transactions: an award of 460 shares (acquired at $0.00) on 2026-08-27, and an open-market sale of 25,000 shares on 2026-08-28.
• The sale was reported at a weighted-average price of $230.39 per share, yielding approximately $5,759,750. The award of 460 shares was recorded at $0.00 (non-cash grant).

Key Details

• Transaction types: A (Award) — 460 shares on 2026-08-27; S (Sale) — 25,000 shares on 2026-08-28.
• Sale price: weighted average $230.39; per-footnote range $230.00 to $231.33 across multiple trades.
• Total proceeds from the sale: about $5,759,750.
• Shares owned after the transaction: not disclosed in this Form 4.
• Filing: Form 4 filed 2026-08-31 (appears to be within the normal 2-business-day reporting window).
• Footnote: reporter can provide breakdown of number of shares sold at each price within the $230.00–$231.33 range upon request.

Context

• The award (acquired at $0.00) likely reflects a non-cash grant (e.g., restricted stock or director award); such grants are compensation-related rather than a market sentiment signal.
• The open-market sale represents a liquidity event by a director. Sales are common and do not by themselves indicate a change in company outlook; no 10b5-1 plan or other sale plan is specified in the filing.