Brinker Director Cindy L. Davis Sells 1,775 Shares for $442,000, Cutting Stake 17%
Updated
Updated · Yahoo Finance · Aug 18
Brinker Director Cindy L. Davis Sells 1,775 Shares for $442,000, Cutting Stake 17%
1 articles · Updated · Yahoo Finance · Aug 18
Summary
An SEC Form 4 filing showed Brinker International director Cindy L. Davis sold 1,775 shares on Aug. 13 for about $442,000.
The sale reduced her directly held stake by 17% to 8,973 shares, still worth roughly $2.1 million based on the Aug. 14 close.
Davis sold at a weighted average price of $248.92 a share, above Brinker’s Aug. 13 closing price of $238.61.
Brinker, operator of Chili’s and Maggiano’s with more than 1,600 restaurants, has a market value of about $10.2 billion after its stock rose 52% over the past year.