Form 4: Brinker International COO Reports Stock Transactions
Insider Transaction Report
Brinker International's SVP & COO, Douglas N. Comings, reported the acquisition of common stock and subsequent tax-related disposition.
Summary
- Douglas N. Comings, SVP & COO of Chili's, a subsidiary of Brinker International, Inc. (EAT), reported transactions involving the company's common stock.
- On August 28, 2025, Mr. Comings acquired 1,543 shares of common stock at a price of $0 per share, likely as part of an equity award or grant.
- On August 29, 2025, he disposed of 1,211 shares of common stock at a price of $153.96 per share. This disposition is typically for tax withholding purposes related to the stock acquisition.
- Following these transactions, Mr. Comings directly beneficially owns 31,582 shares of common stock.
- Additionally, he indirectly holds 1,959.23 units in the Brinker Common Stock Fund under the company's 401(k) Savings Plan as of August 28, 2025.
Sentiment
Score: 5
Explanation: The transactions reported are routine for executive compensation, involving a stock grant and subsequent tax-related sale, which does not indicate a significant change in sentiment or company performance.
Positives
- Acquisition of 1,543 shares by a key executive, indicating continued equity participation through a compensation award.
Negatives
- Disposition of 1,211 shares, but this was for tax withholding related to the stock award and not a discretionary sale.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Minimal impact as these are routine compensation-related transactions and not a significant discretionary sale or purchase.
Key Dates
| Date | Description |
|---|---|
| 08/28/2025 | Acquisition of 1,543 shares of common stock by Douglas N. Comings and beneficial ownership in 401(k) Plan reported as of this date. |
| 08/29/2025 | Disposition of 1,211 shares of common stock by Douglas N. Comings for tax purposes. |
| 09/02/2025 | Date Form 4 was signed by Christopher L. Green, as Attorney-in-Fact. |
Keywords
Brinker International, EAT, Douglas N. Comings, Form 4, Insider Transaction, Common Stock, Executive Compensation, Chili's, Restaurant Industry
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