Form 4: Brinker International SVP & COO Douglas N. Comings Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Douglas N. Comings, SVP & COO of Chili's at Brinker International, reports a transaction involving common stock, including a disposition of shares to cover tax obligations and holdings in the company's 401(k) plan.

Summary

  • On February 21, 2025, Douglas N. Comings, SVP & COO of Chili's at Brinker International, engaged in a transaction involving Brinker International's common stock.
  • A disposition of 30 shares occurred to satisfy tax obligations at a price of $148.89 per share.
  • Comings also indirectly holds 1,926.97 shares of common stock through the Brinker International, Inc. 401(k) Savings Plan as of February 24, 2025.
  • Following the reported transactions, Comings directly owns 38,134 shares of Brinker International common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports transactions without expressing any positive or negative outlook.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the actions of company executives.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
02/21/2025Date of transaction involving common stock.
02/24/2025Date of 401(k) Savings Plan holdings.
02/25/2025Date of signature by Attorney-in-Fact.

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