Form 4: Brinker International Director, Prashant Ranade, Reports Stock Transactions
SEC Form 4 Filing
Director Prashant Ranade reports acquiring and disposing of Brinker International (EAT) common stock on May 9, 2024.
Summary
- On May 9, 2024, Prashant Ranade, a director of Brinker International, acquired 598 shares of common stock at $0 per share.
- On the same day, Ranade disposed of 17,362 shares of common stock.
- Following these transactions, Ranade directly owns 17,362 shares of Brinker International.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of stock acquisition and disposal. |
| 05/13/2024 | Date of signature by Attorney-in-Fact. |
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