This insider selling cluster is routine and non-informative given the trivial dollar amount relative to market cap. No actionable signal for traders. Monitor next quarterly filing for any fundamental changes, but this cluster alone does not warrant a position adjustment.
Price Chart
Executive Summary
Two senior Brinker executives (SVP Chief Legal Officer and SVP Chief Supply Chain Officer) sold a combined $2.89M in open-market sales over a 5-day window. The $2.89M total represents ~0.03% of EAT's $10.4B market cap, falling well below the 0.1% materiality threshold. While the cluster includes two C-suite officers selling within a week, the dollar amount is trivial relative to company size, and insider sales are weak predictors per academic literature — especially without evidence of a cluster buy pattern. The historical calibration shows past high-score EAT reports have underperformed (avg T+20 alpha +5.78% but only 33% win rate), and the score-6/7 observed P values (39-44%) suggest bullish calls on this ticker have historically been over-scored. This filing is routine and non-informative.
Key Financial Metrics
Key Facts
- Two C-suite officers sold shares: SVP Chief Legal Officer sold 1,909 shares ($484K) on Aug 25, SVP Chief Supply Chain Officer sold 10,000 shares ($2.40M) on Aug 21
- Total insider sales of $2.89M represent ~0.03% of EAT's $10.4B market cap — well below the 0.1% materiality threshold
- All sales are open-market (code S); no insider purchases in the cluster window
- EAT has 77% analyst bullish consensus (20 Buy/6 Hold/0 Sell) and $23.9M in insider sales over the prior 30 days
Financial Impact
Trivial — $2.89M in insider sales is ~0.03% of market cap, immaterial for a $10.4B company
Risk Factors
- Insider sales at this scale are typically liquidity-driven and carry no predictive value
- Past high-score EAT reports have shown poor win rates (33% T+20) — avoid over-interpreting cluster patterns
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EAT-1787778187073 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | Insider Cluster | $214.69 $199.56 | ▼ −7.05% | ▼ −6.55% | $202.00 (−5.91%) |
Sep 2, 2026 4w ago | Court Ruling | $231.00 $214.69 | ▼ −7.06% | ▼ −6.10% | $202.00 (−12.55%) |
Aug 31, 2026 4w ago | Insider Cluster | $233.98 $215.31 | ▼ −7.98% | ▼ −8.06% | $202.00 (−13.67%) |
Aug 31, 2026 4w ago | Insider Cluster | $233.98 $215.31 | ▼ −7.98% | ▼ −8.06% | $202.00 (−13.67%) |
Aug 27, 2026 5w ago | Institutional Cluster | $233.22 $228.88 | ▼ −1.86% | ▼ −2.13% | $202.00 (−13.39%) |
Aug 26, 2026 5w ago | Insider Cluster | $233.22 $228.88 | ▼ −1.86% | ▼ −2.13% | $202.00 (−13.39%) |
Aug 26, 2026 5w ago | Insider Cluster | $233.22 $228.88 | ▼ −1.86% | ▼ −2.13% | $202.00 (−13.39%) |
Aug 26, 2026 5w ago | Insider Cluster | $233.22 $228.88 | ▼ −1.86% | ▼ −2.13% | $202.00 (−13.39%) |
Aug 24, 2026 5w ago | Insider Cluster | $253.94 $228.50 | ▲ +10.02% | ▲ +10.49% | $202.00 (+20.45%) |
Aug 17, 2026 6w ago | Insider Cluster | $235.65 $248.70 | ▼ −5.54% | ▼ −5.74% | $202.00 (+14.28%) |
US Market Status
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