Chili's Operating Chief Sells $6.2 Million in Stock

The Motley Fool··US·Read original
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Summary · why it matters

Brinker International's EVP, COO and CPO Aaron M. White sold 25,736 shares of common stock at $239.51 per share on August 13 and August 14, according to an SEC Form 4 filing. The transaction included 16,220 shares sold directly on the open market and 9,516 shares withheld to cover tax liabilities associated with a simultaneous vesting event. Following the disposal, White retains 42,756 shares representing a 0.1% insider ownership stake. Brinker International shares generated a roughly 50% total return over the 12-month period ending on the August 14 transaction date.

Impact on assets 1

Consumer Discretionary▲