The size and concentration of these open-market sales (no 10b5-1 plans noted) suggest insiders are reducing exposure ahead of potential negative news. Monitor for upcoming earnings, guidance changes, or operational updates. The CFO's sale of $707K is particularly notable as it is not routine tax-withholding or plan-driven.
Price Chart
Executive Summary
Three Brinker International insiders, including the CFO and two directors, sold a total of $6.58M in stock over a one-week period. The largest sale ($5.76M) was by a director, and the CFO sold $707K. The total value represents approximately 2.0% of the company's market cap, a highly material amount, and the sales are open-market (code S) with no indication of 10b5-1 plans, making this a bearish signal.
Key Financial Metrics
Key Facts
- Total insider sales of $6.58M over 8 days (Aug 28 – Sep 4, 2026)
- Director Joseph Michael DePinto sold $5.76M (25K shares at ~$230.39)
- CFO Michaela M. Ware sold $707K (3K shares at ~$233.48)
- Director Frances L. Allen sold $117K (500 shares at ~$234.50)
- All sales are open-market (code S) with no 10b5-1 plan indicated
- Total sales represent ~2.0% of market cap, exceeding the 2% materiality threshold
Financial Impact
Insider sales of $6.58M represent ~2.0% of market cap, a highly material signal. CFO participation adds weight.
Risk Factors
- Insider sales may be for personal diversification or tax planning, not necessarily signaling fundamental weakness
- The stock has been volatile; sales could be opportunistic after a recent run-up
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EAT-1788899639719 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 12d ago | Press Release | $204.91 $204.14 | ▼ −0.38% | ▲ +0.73% | $182.70 (−10.84%) |
Oct 2, 2026 25d ago | Court Ruling | $194.16 $190.44 | ▼ −1.92% | ▼ −2.47% | $182.70 (−5.90%) |
Sep 25, 2026 4w ago | DEFA14A | $202.45 $199.11 | ▼ −1.65% | ▼ −1.47% | $182.70 (−9.76%) |
Sep 25, 2026 4w ago | DEF 14A | $202.45 $199.11 | ▼ −1.65% | ▼ −1.47% | $182.70 (−9.76%) |
Sep 17, 2026 5w ago | 8-K | $199.56 $196.71 | ▼ −1.43% | ▼ −1.31% | $182.70 (−8.45%) |
Sep 10, 2026 6w ago | Insider Cluster | $212.49 $214.16 | ▲ +0.79% | ▲ +1.23% | $182.70 (−14.02%) |
Sep 8, 2026 6w ago | Insider Cluster | $215.31 $214.69 | ▲ +0.29% | ▼ −0.31% | $182.70 (+15.15%) |
Sep 2, 2026 7w ago | Court Ruling | $228.88 $230.22 | ▲ +0.59% | ▲ +0.97% | $182.70 (−20.18%) |
Aug 31, 2026 8w ago | Insider Cluster | $233.98 $231.00 | ▼ −1.27% | ▼ −1.72% | $182.70 (−21.92%) |
Aug 31, 2026 8w ago | Insider Cluster | $233.98 $231.00 | ▼ −1.27% | ▼ −1.72% | $182.70 (−21.92%) |
US Market Status
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