Bloomin' Brands (BLMN) CEO receives 490,196 RSUs and covers taxes with shares

Rhea-AI Filing Summary

Bloomin' Brands CEO Mike Spanos reported multiple equity compensation transactions. On February 27, 2026, he received a grant of 490,196 restricted stock units (RSUs), which vest in three equal annual installments, with final vesting in 2029. Each RSU represents the right to receive one share of common stock upon vesting.

On February 28, 2026, he exercised 86,021 RSUs, receiving the same number of common shares at a price of $0.00 per share, and 33,838 common shares were withheld by the company at $6.12 per share to cover withholding taxes on vesting. After these transactions, he directly owned 206,622 shares of common stock and 980,392 RSUs.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Spanos Mike

(Last) (First) (Middle)

2202 N. WEST SHORE BLVD.

SUITE 500

(Street)

TAMPA FL 33607

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Bloomin' Brands, Inc. [ BLMN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/28/2026		M		86,021(1)	A	$0	240,460	D
Common Stock	02/28/2026		F		33,838(2)	D	$6.12	206,622	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(3)	02/27/2026		A		490,196		(4)	(5)	Common Stock	490,196	$0	980,392	D
Restricted Stock Units	$0(3)	02/28/2026		M			86,021	(1)	(5)	Common Stock	86,021	$0	172,044	D

Explanation of Responses:

1. On February 28, 2025, these restricted stock units ("RSU") were granted in the original amount of 258,065, which vest in three equal annual installments, with a final vesting in 2028.

2. These shares of common stock were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain RSUs.

3. Each RSU represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.

4. On February 27, 2026, these RSUs were granted in the original amount of 490,196, which vest in three equal annual installments, with a final vesting in 2029.

5. This field is not applicable.

Remarks:

	/s/ Allison Hicks, Attorney in Fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What equity awards did Bloomin' Brands (BLMN) CEO Mike Spanos receive?

Mike Spanos received a grant of 490,196 restricted stock units (RSUs) on February 27, 2026. These RSUs vest in three equal annual installments, ending in 2029, and each RSU converts into one share of common stock upon vesting.

How do the new RSUs for Bloomin' Brands (BLMN) CEO vest?

The 490,196 RSUs granted to CEO Mike Spanos vest in three equal annual installments. The final installment vests in 2029, meaning portions of the award become earned each year over this period, aligning compensation with continued service and performance.

What RSU exercises did the Bloomin' Brands (BLMN) CEO report?

On February 28, 2026, Mike Spanos exercised 86,021 RSUs, receiving the same number of common shares at a price of $0.00 per share. This reflects the conversion of previously granted RSUs into Bloomin' Brands common stock upon vesting.

Why were some Bloomin' Brands (BLMN) shares withheld from the CEO?

Bloomin' Brands withheld 33,838 common shares from Mike Spanos at $6.12 per share to cover withholding taxes due upon RSU vesting. This tax-withholding disposition is a common method to satisfy tax obligations without requiring a cash payment.

How many Bloomin' Brands (BLMN) shares does the CEO own after these transactions?

After the reported transactions, Mike Spanos directly owned 206,622 shares of Bloomin' Brands common stock. He also held 980,392 restricted stock units, which represent additional potential shares that may be delivered as they vest over time.

Were any of the Bloomin' Brands (BLMN) CEO’s transactions open-market buys or sells?

No open-market buys or sells were reported. The filing shows RSU exercises and grants, plus a tax-withholding disposition where shares were withheld by the company to pay taxes, rather than sold on the open market.