Form 4: Brinker International SVP & COO, Chili's, Douglas N. Comings, Reports Stock Transactions
SEC Form 4 Filing
Douglas N. Comings, SVP & COO of Chili's at Brinker International, reports the disposition of shares to cover tax obligations and adjustments in holdings within the company's 401(k) plan.
Summary
- On August 26, 2024, Douglas N. Comings, SVP & COO of Chili's at Brinker International, engaged in transactions involving Brinker International's common stock.
- A total of 1,053 shares were disposed of to cover tax obligations at a price of $71.12 per share.
- Comings also reported holding 1,886.198 shares indirectly through the Brinker International, Inc. 401(k) Plan as of August 19, 2024.
- Following these transactions, Comings directly owns 39,170 shares of Brinker International.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| August 19, 2024 | Date of Brinker Common Stock Fund holdings under the Brinker International, Inc. 401(k) Plan. |
| August 26, 2024 | Date of stock disposition for tax obligations. |
| August 27, 2024 | Date of signature for the report. |
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