4/A: Brinker International Director Amends SEC Filing to Correct Beneficial Ownership
SEC Filing Amendment
Prashant Ranade, a director at Brinker International, files an amendment to a previous SEC Form 4 to correct the reported amount of securities beneficially owned.
Summary
- Prashant Ranade, a director of Brinker International, filed an amended Form 4 with the SEC.
- The amendment corrects the amount of securities beneficially owned following reported transactions.
- The original filing on May 13, 2024, inadvertently omitted a previously reported stock grant of 777 shares made on February 8, 2024.
- The corrected filing shows Ranade beneficially owns 18,139 shares of Brinker International common stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing. The correction of an error is a neutral event, suggesting diligence in compliance.
Negatives
- The original SEC filing contained an error regarding the amount of securities beneficially owned by the director.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments, like this one, highlight the importance of accurate reporting.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 02/08/2024 | Date of the previously reported stock grant of 777 shares that was initially omitted. |
| 05/09/2024 | Date of earliest transaction. |
| 05/13/2024 | Date of original Form 4 filing that contained the error. |
| 05/14/2024 | Date of the amended Form 4/A filing. |
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