Director at Bloomin' Brands (BLMN) exercises 19,746 RSUs into shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bloomin' Brands director Tara Walpert Levy exercised restricted stock units into common shares. On the reported date, 19,746 RSUs converted into 19,746 shares of common stock at a stated price of $0.00 per share, reflecting equity compensation vesting rather than an open-market trade.
The footnotes explain that each RSU represented the right to receive one common share and that the original grant of 19,746 RSUs fully vested immediately prior to the company’s 2026 annual meeting of stockholders. Following this conversion, Levy directly holds 89,622 shares of Bloomin' Brands common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,746 shares exercised/converted
Mixed
2 txns
Insider
Levy Tara Walpert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 19,746 | $0.00 | -- |
| Exercise | Common Stock | 19,746 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 89,622 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit. These RSUs, in the original grant amount of 19,746, fully vested immediately prior to the issuer's annual meeting of stockholders in 2026. This field is not applicable.
Key Figures
RSUs exercised: 19,746 units
Common shares acquired: 19,746 shares
Shares held after transaction: 89,622 shares
+1 more
4 metrics
RSUs exercised
19,746 units
Restricted Stock Units converted to common stock
Common shares acquired
19,746 shares
Shares of common stock received from RSU conversion
Shares held after transaction
89,622 shares
Direct Bloomin' Brands common stock holdings post-transaction
Exercise price per RSU
$0.00 per share
Stated price for conversion of RSUs into common stock
Key Terms
Restricted Stock Units, RSU, Exercise or conversion of derivative security, annual meeting of stockholders
4 terms
Restricted Stock Units financial
"The filing lists "Restricted Stock Units" as a derivative security exercised into common stock."
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.
RSU financial
"Each restricted stock unit ("RSU") represents the contingent right to receive one share of common stock."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Exercise or conversion of derivative security financial
"The transaction code description states "Exercise or conversion of derivative security" for the RSU transaction."
annual meeting of stockholders financial
"These RSUs ... fully vested immediately prior to the issuer's annual meeting of stockholders in 2026."
FAQ
What insider transaction did Bloomin' Brands (BLMN) report for Tara Walpert Levy?
Bloomin' Brands reported that director Tara Walpert Levy exercised 19,746 restricted stock units into 19,746 shares of common stock. The transaction reflects equity compensation vesting, not an open-market purchase or sale, and increased her directly held common shares to 89,622.
What are restricted stock units (RSUs) in the Bloomin' Brands filing?
In this filing, each restricted stock unit represents a contingent right to receive one share of Bloomin' Brands common stock upon vesting. The original grant of 19,746 RSUs fully vested immediately before the company’s 2026 annual meeting of stockholders.
When did Tara Walpert Levy’s Bloomin' Brands RSUs vest?
The footnotes state that Tara Walpert Levy’s restricted stock units, originally granted in an amount of 19,746, fully vested immediately prior to Bloomin' Brands’ annual meeting of stockholders in 2026. The Form 4 then records their conversion into common shares.