Bloomin' Brands CAO has 6,054 shares withheld
Amended Form 4 corrects a tax-withholding share amount for Bloomin' Brands’ chief accounting officer after RSU vesting.
Rhea-AI Filing Summary
Bloomin' Brands, Inc. (BLMN) reported that Philip J. Pace, its SVP and Chief Accounting Officer, had 6,054 shares of common stock withheld on September 2, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units. After this tax-withholding disposition was corrected and reprocessed, he directly beneficially owns 54,739 shares of Bloomin' Brands common stock. No transactions were reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 6,054 shares
Tax Withholding
1 txn
Insider
Pace Philip J
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 6,054 | $9.93 | $60K |
Holdings After Transaction:
Common Stock — 54,739 shares (Direct)
Footnotes (1)
- F1. This Form 4/A is filed to correct the number of shares withheld to satisfy tax withholding obligations in connection with the September 2, 2026 vesting of restricted stock units. This amendment reflects the corrected withholding amount and corresponding amount of Securities Beneficially Owned following the transaction after the original settlement was cancelled and reprocessed to reflect the reporting person's standing tax withholding election. All other information remains unchanged.
Key Figures
Shares withheld for tax: 6,054 shares
Withholding price per share: $9.93 per share
Shares beneficially owned after transaction: 54,739 shares
+1 more
4 metrics
Shares withheld for tax
6,054 shares
Common stock withheld on September 2, 2026 to satisfy tax withholding obligations on RSU vesting
Withholding price per share
$9.93 per share
Valuation used for the 6,054 shares withheld for tax on September 2, 2026
Shares beneficially owned after transaction
54,739 shares
Directly owned by Philip J. Pace following the corrected tax-withholding disposition
Exercise price or tax-liability shares count
6,054 shares
Total shares in this filing reported as delivered or withheld for payment of tax liability
Key Terms
restricted stock units, tax withholding obligations, Securities Beneficially Owned, standing tax withholding election
4 terms
restricted stock units financial
"in connection with the September 2, 2026 vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the September 2, 2026 vesting"
Securities Beneficially Owned financial
"corresponding amount of Securities Beneficially Owned following the transaction"
standing tax withholding election financial
"reprocessed to reflect the reporting person's standing tax withholding election"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Bloomin' Brands (BLMN) report in this amended Form 4?
The filing reports that 6,054 shares of Bloomin' Brands common stock were withheld on September 2, 2026 to satisfy tax withholding obligations in connection with the vesting of restricted stock units for SVP and Chief Accounting Officer Philip J. Pace.
Why was this Form 4/A amendment filed for BLMN?
The amendment was filed to correct the number of shares withheld to satisfy tax withholding obligations tied to the September 2, 2026 RSU vesting, and to update the corrected amount of securities beneficially owned after the original settlement was cancelled and reprocessed.
Was the Bloomin' Brands (BLMN) insider transaction under a Rule 10b5-1 plan?
No. The document-level Rule 10b5-1 checkbox is unchecked, and the footnote does not indicate any pre-arranged trading plan. The transaction is described as tax withholding in connection with RSU vesting.
Does this BLMN Form 4/A reflect a market sale by the insider?
No market sale is reported. The Form 4/A describes shares withheld to pay tax liabilities from RSU vesting, a disposition coded as payment of tax liability by delivering or withholding securities, rather than an open-market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.