Form 4: Brinker International EVP Michaela Ware Sells Shares
SEC Form 4 Filing
EVP and Chief Financial Officer of Brinker International, Michaela Ware, sold 3,753 shares of common stock at an average price of $103.02 on October 31, 2024.
Summary
- On October 31, 2024, Michaela M. Ware, EVP and Chief Financial Officer of Brinker International, sold 3,753 shares of the company's common stock.
- The shares were sold at a weighted average price of $103.02.
- The price range for the sales was between $102.97 and $103.10.
- Following the transaction, Ware directly owns 23,071.37 shares of Brinker International.
- Ware also indirectly owns 3,259.91 shares through the Brinker International, Inc. 401(k) Savings Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sale by an executive. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their interpretation of the executive's actions.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of the stock sale transaction. |
| 11/01/2024 | Date of signature on the Form 4 filing. |
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