Form 4: Brinker International Executive Sells 4,000 Shares

Daniel S. Fuller, SVP and Chief Legal Officer at Brinker International, sold 4,000 shares of common stock at $125.81 per share on November 22, 2024.

Summary

• Daniel S. Fuller, a Senior Vice President and Chief Legal Officer at Brinker International, sold 4,000 shares of the company's common stock.
• The sale occurred on November 22, 2024, at a price of $125.81 per share.
• Following the transaction, Mr. Fuller directly owns 33,285 shares of Brinker International common stock.
• He also indirectly owns 52.301 shares through the company's 401(k) plan as of November 7, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a stock sale by an executive. It does not inherently indicate positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It does not indicate any specific trend in the restaurant industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, and this transaction is similar to those of executives at comparable companies such as Darden Restaurants (DRI) and Texas Roadhouse (TXRH).
• These filings are a regular part of the regulatory landscape and do not indicate any unusual activity.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or other stakeholders.

Key Dates

Keywords

Brinker International, stock sale, insider trading, executive, common stock, Form 4, Daniel S. Fuller