Form 4: Brinker International COO Sells Shares for Tax

Brinker International's SVP & COO, Douglas N. Comings, disposed of 74 shares of common stock to cover tax obligations from a pre-planned transaction.

Summary

• Douglas N. Comings, SVP & COO of Chili's (a Brinker International brand), reported a transaction involving the company's common stock.
• The transaction occurred on December 12, 2025, and involved the disposition of 74 shares of common stock.
• The shares were disposed of at a price of $146.41 per share.
• This disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
• The transaction was conducted pursuant to a Rule 10b5-1(c) pre-arranged plan.
• Following this transaction, Douglas N. Comings beneficially owns 12,377 shares of Brinker International common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or stock value.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, small-scale transaction for tax purposes and does not reflect a change in management's long-term view or company fundamentals.

Key Dates

Keywords

Brinker International, EAT, Douglas N. Comings, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Officer Transaction, Rule 10b5-1