Form 4: Brinker International SVP, Chief Legal Officer Reports Stock Transaction
SEC Form 4 Filing
Daniel S. Fuller, SVP, Chief Legal Officer of Brinker International, Inc., reports a disposition of shares to cover tax obligations.
Summary
- On August 26, 2024, Daniel S. Fuller, the SVP, Chief Legal Officer of Brinker International, Inc. (EAT), reported a transaction involving the company's common stock.
- Fuller disposed of 816 shares of common stock at a price of $71.12 per share to cover tax obligations.
- Following the transaction, Fuller directly owns 35,899 shares of Brinker International, Inc.
- Fuller also indirectly owns 52.301 shares through a 401(k) plan as of August 19, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive.
- It provides transparency to shareholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of Brinker Common Stock Fund units under the Brinker International, Inc. 401(k) Plan. |
| 08/26/2024 | Date of the transaction where 816 shares of common stock were disposed of. |
| 08/27/2024 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.