EAT CEO reports $8.8M share sale
The sizable CEO sale is a modest bearish signal, but a single transaction does not establish a change in the company’s outlook.
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The sizable CEO sale is a modest bearish signal, but a single transaction does not establish a change in the company’s outlook.
What happened, with direct paths to the underlying reporting
President and CEO Kevin Hochman reported selling 40,000 EAT shares for about $8.8 million. The sale is notable in size, though the filing provides no context about its purpose or his remaining holdings.
Insider: Hochman Kevin
Role: director, officer: Pres. & CEO
Transaction: S-Sale
Shares: 40,000
Price: $220.38
Value: $8,815,200
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