4/A: Brinker International Director Corrects Beneficial Ownership Reporting
SEC Filing
Harriet Edelman, a director at Brinker International, files an amended Form 4 to correct the amount of securities beneficially owned following reported transactions.
Summary
- Harriet Edelman, a director of Brinker International, Inc. [EAT], filed an amended Form 4 with the SEC on May 14, 2024.
- This amendment corrects a previous filing from May 13, 2024, regarding the amount of securities beneficially owned following reported transactions.
- The correction addresses an omission of a previously reported stock grant of 777 shares made on February 8, 2024.
- Following the correction, Edelman directly owns 36,133 shares of Brinker International common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. The sentiment is neutral as it addresses an error but doesn't reflect negatively on the company's overall performance.
Negatives
- The initial Form 4 filing on May 13, 2024, contained an error regarding the amount of securities beneficially owned.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders regarding insider ownership.
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 the earliest transaction reported in the filing. |
| 05/13/2024 | Date of the original Form 4 filing that contained the error. |
| 05/14/2024 | Date of the amended Form 4 filing correcting the error. |
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