Chili's Parent Just Capped Five Years of Growth. Its CEO Sold Into the Rally
Hochman disposed of 100,152 shares through tax withholding and a pre-arranged trading plan.
Overview
Kevin Hochman, the president and CEO of Brinker International, Inc. (NYSE:EAT), reported the disposition of 100,152 shares of common stock on August 13, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($243.63); post-transaction value based on the August 13 market close ($238.61).
Details
Brinker International is a leading casual dining restaurant operator with a portfolio of approximately 1,648 restaurants generating $5.7 billion in TTM revenue. The company's diversified brand portfolio and established market presence position it competitively within the casual dining segment, supported by strong operational execution and brand loyalty. With a market capitalization of $10.2 billion and a 52% one-year stock price appreciation, the company demonstrates robust investor confidence and operational momentum.
Source
Originally published at www.fool.com.