secwatch.observer — SEC 8-K summary
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Issuer:     BRINKER INTERNATIONAL, INC (EAT)
CIK:        0000703351
Form:       8-K
Filed at:   2022-07-01T23:59:59+00:00
Accession:  0000703351-22-000029
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brinker International awards EVP Steve Provost $650k retention bonus during CEO transition
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- $650,000 cash retention bonus for Steve Provost, EVP and President of Maggiano's, approved by Board on June 30, 2022.
- Bonus earned only if Mr. Provost remains employed through end of fiscal 2023; payable in July 2023.
- Bonus accelerates and is payable within 30 days upon Change of Control or termination without Cause.
- Intended to retain key executive during the company's CEO transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703351/000070335122000029/0000703351-22-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703351/000070335122000029/eat-20220630.htm
  HTML page:      https://secwatch.observer/filing/0000703351-22-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer