Form 4: Brinker International Director Frances L. Allen Sells Shares
SEC Form 4 Filing
Director Frances L. Allen of Brinker International, Inc. (EAT) reported selling shares of common stock on January 30 and 31, 2025.
Summary
- Frances L. Allen, a director of Brinker International, Inc. (EAT), reported the sale of company stock.
- On January 30, 2025, Allen sold 1,626 shares of common stock at a price of $180.18 per share.
- On January 31, 2025, Allen sold 400 shares of common stock at a price of $185.53 per share.
- Following these transactions, Allen directly owns 18,014 shares of Brinker International, Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The stock sale by a director could be perceived negatively by some shareholders, although it is a common occurrence and doesn't necessarily reflect a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 01/30/2025 | Frances L. Allen sold 1,626 shares of common stock at $180.18 per share. |
| 01/31/2025 | Frances L. Allen sold 400 shares of common stock at $185.53 per share. |
| 02/03/2025 | Date of signature for the Form 4 filing. |
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