Bloomin' Brands CFO Reports RSU Vesting and Tax Withholding on Form 4
Rhea-AI Filing Summary
William Michael Healy, EVP and Chief Financial Officer of Bloomin' Brands, Inc. (BLMN), reported equity activity on 09/03/2025. He was granted 16,202 restricted stock units (RSUs) (reported as an acquisition at $0) and these RSUs are reflected as 16,202 RSUs in Table II. Following the reported grant, he beneficially owned 72,395 shares. Separately, 6,376 shares of common stock were withheld to satisfy tax withholding on vested RSUs at a reported price of $6.99, leaving a reported beneficial ownership of 66,019. The form notes the original RSU grant was 32,405 on 09/03/2024 with a multi-step vesting schedule.
Positive
- 16,202 RSUs granted (reported acquisition), indicating continued executive compensation and retention alignment
- Multi-step vesting schedule from the 09/03/2024 grant (50% at 12 months; 25% at 18 months; 25% at 24 months) supports retention
Negative
- 6,376 shares withheld to pay withholding taxes reducing reported direct beneficial ownership
- No cash purchase reported; transaction reflects compensation vesting rather than insider buying
Insights
TL;DR: Routine compensation-related RSU grant and tax-withholding; modest insider buy/hold signal through continued ownership.
The filing shows a standard equity compensation event: an original RSU award (32,405) from 09/03/2024 with staged vesting and a reported tranche of 16,202 RSUs recorded as acquired on 09/03/2025. The reported withholding of 6,376 shares to cover taxes reduced the reporter's share count. This is a non-cash, retention-focused transaction that neither indicates cash purchase activity nor a divestiture. For investors, this is a governance/compensation disclosure rather than a market-moving transaction.
TL;DR: Compensation vesting and tax withholding disclosed; reflects planned retention mechanics, not an operational development.
The Form 4 documents the vesting-related distribution of equity-based compensation to an executive officer. The vesting schedule (50% at 12 months, then 25% at 18 and 24 months) is explicitly stated and aligns pay to continued service. The withholding of 6,376 shares to satisfy tax obligations is routine and documented with price per share shown. This filing is compliance-driven and informs shareholders about executive ownership trends.