Form 4: Brinker International SVP & COO, Chili's, Douglas N. Comings, Reports Stock Sale and Gift

Douglas N. Comings, SVP & COO of Chili's at Brinker International, reported selling 2,350 shares of common stock at $135.91 and gifting 150 shares.

Summary

• On May 9, 2025, Douglas N. Comings, SVP & COO of Chili's at Brinker International, sold 2,350 shares of common stock at a price of $135.91 per share.
• On the same day, Comings gifted 150 shares of common stock.
• Following these transactions, Comings directly owns 20,441 shares of Brinker International common stock.
• Comings also indirectly owns 1,935.43 shares through the Brinker International, Inc. 401(k) Savings Plan.
• The reported amount of securities beneficially owned following the reported transaction corrects historical overstatements reported on previous Forms 4 due to reporting software errors.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions. The correction of previous errors is a minor positive.

Positives

• The filing corrects historical overstatements in previous Forms 4 due to reporting software errors, providing more accurate ownership information.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider. It provides transparency to the market regarding the trading activities of company executives.

Stakeholder Impact

• The stock sale and gift by a company executive may have a minor impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Brinker International, EAT, Douglas N. Comings, Stock Sale, Insider Trading, Beneficial Ownership, SVP & COO, Chili's, 401(k)