CFO Ware Michaela M sold 5,000 shares of EAT at $162.40; holdings drop to 19,923 shares as stock trades -10.7% from 52-week high.
Ware Michaela M, EVP and Chief Financial Officer of Brinker International, sold 5,000 shares (representing a -20.1% reduction in her pre-transaction holdings) at $162.40 on 2026-02-05 for $812,000.00 total value. The sale occurs with EAT trading at a current price of $168.93, which is -10.7% from its 52-week high of $189.14, yet the stock has appreciated +8.1% over the prior 30 days and +64.6% over 90 days. At the same ticker, her prior two sales occurred on 2025-06-02 and 2024-11-08; the November 2024 sale achieved a +59.2% 90-day return, indicating the insider sold before a subsequent rally—a poorly-timed outcome by the sell-timing framework. The company shows robust fundamentals with $1.5B in latest-quarter revenue, $128.5M in net income, +22.0% annual revenue growth, and a P/E of 16.20, suggesting operational strength. This transaction reduces her direct stake while the equity remains near multi-month highs, warranting observation of whether subsequent filings reveal additional disposition activity or shifts in management's capital allocation strategy.