Brinker International DEF 14A: Executive Comp & Board Details
Ticker: EAT · Form: DEF 14A · Filed: 2024-09-27T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, proxy-statement, corporate-governance
TL;DR
Brinker Intl DEF 14A out - exec pay, stock awards, board details for FY24.
AI Summary
Brinker International, Inc. filed a DEF 14A on September 27, 2024, detailing executive compensation and board member information for the fiscal year ending June 26, 2024. The filing includes details on stock awards, option awards, and their fair values at vesting dates and prior fiscal year ends for individuals like Mr. Roberts and Mr. Hochman.
Why It Matters
This filing provides transparency into how Brinker International compensates its top executives and board members, which can influence investor decisions and perceptions of corporate governance.
Risk Assessment
Risk Level: low — DEF 14A filings are routine disclosures of executive compensation and corporate governance, typically carrying low immediate risk.
Key Numbers
- 2024-06-26 — Fiscal Year End (Reporting period for compensation details)
- 20240927 — Filing Date (Date the DEF 14A was submitted to the SEC)
Key Players & Entities
- BRINKER INTERNATIONAL, INC (company) — Filer
- Mr. Roberts (person) — Board Member
- Mr. Hochman (person) — Board Member
- 0000703351 (company) — Central Index Key
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit shareholder votes and provide detailed information about matters to be voted on at a shareholder meeting, including executive compensation, director elections, and other corporate governance issues.
Who are the key individuals mentioned in relation to compensation data?
The filing mentions Mr. Roberts and Mr. Hochman in contexts related to board membership and compensation data, specifically regarding stock and option awards.
What fiscal year does this filing primarily cover?
This filing primarily covers the fiscal year ending on June 26, 2024.
What type of financial awards are detailed for executives and board members?
The filing details stock awards and option awards, including their fair values at vesting dates and prior fiscal year ends.
What is Brinker International's Standard Industrial Classification (SIC) code?
Brinker International's SIC code is 5812, which corresponds to RETAIL-EATING PLACES.
Filing Stats: 4,559 words · 18 min read · ~15 pages · Grade level 11.8 · Accepted 2024-09-27 08:31:08
Filing Documents
- d842096ddef14a.htm (DEF 14A) — 1429KB
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- 0001193125-24-227394.txt ( ) — 5988KB
- eat-20240626.xsd (EX-101.SCH) — 8KB
- eat-20240626_def.xml (EX-101.DEF) — 10KB
- eat-20240626_lab.xml (EX-101.LAB) — 15KB
- eat-20240626_pre.xml (EX-101.PRE) — 9KB
- d842096ddef14a_htm.xml (XML) — 120KB
Executive Compensation
Executive Compensation 26 Compensation Discussion and Analysis 26 Report of the Talent & Compensation Committee 37 Fiscal 2024 Summary Compensation Table 38 Fiscal 2024 Grants of Plan-Based Awards Table 39 Fiscal 2024 Outstanding Equity Awards at Fiscal Year-End Table 40 Fiscal 2024 Option Exercises and Stock Vested Table 41 Fiscal 2024 Potential Payments Upon Termination or Change in Control for Kevin D. Hochman 45 Fiscal 2024 Potential Payments Upon Termination or Change in Control for Joseph G. Taylor 46 Fiscal 2024 Potential Payments Upon Termination or Change in Control for Aaron M. White 47 Fiscal 2024 Potential Payments Upon Termination or Change in Control for George S. Felix 48 Fiscal 2024 Potential Payments Upon Termination or Change in Control for Dominique J. Bertolone 49 CEO Pay Ratio 50 Pay Versus Performance 51 Report of the Audit Committee 55 Stock Ownership of Certain Persons 56 Certain Relationships and Related Transactions 57 FAQs About the Meeting and Voting 58 Miscellaneous 62 Appendix A — Brinker International, Inc. 2024 Stock Option and Incentive Plan A-1 This document includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current facts, including statements regarding our environmental and other sustainability plans and goals, made in this document are forward-looking. We use words such as anticipates, believes, expects, future, intends, and similar expressions to identify forward-looking statements. Forward-looking statements reflect management's current expectations and are inherently uncertain. Actual results could differ materially for a variety of reasons. Risks and uncertainties that could cause our actual results to differ significantly from management's expectations are described in our Fiscal 2024 Annual Report on Form 10-K. Website references thro