Bloomin' Brands (BLMN) EVP reports RSU vesting and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bloomin' Brands EVP and Chief Commercial Officer Lissette R. Gonzalez reported equity compensation activity involving restricted stock units and common shares. On February 28, 2026, RSUs converted into 2,002 and 9,677 shares of common stock at a stated price of $0.00 per share.
On the same date, 594 and 2,501 common shares, valued at $6.12 per share, were withheld by the company to cover tax obligations upon RSU vesting. The reported transactions reflect vesting and tax-withholding mechanics of prior RSU grants that vest in annual installments through 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,679 shares exercised/converted
Mixed
6 txns
Insider
Gonzalez Lissette R
Role
EVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,002 | $0.00 | -- |
| Exercise | Restricted Stock Units | 9,677 | $0.00 | -- |
| Exercise | Common Stock | 2,002 | $0.00 | -- |
| Tax Withholding | Common Stock | 594 | $6.12 | $4K |
| Exercise | Common Stock | 9,677 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,501 | $6.12 | $15K |
Holdings After Transaction:
Restricted Stock Units — 2,002 shares (Direct);
Common Stock — 36,610 shares (Direct)
Footnotes (1)
- On February 28, 2024, restricted stock units ("RSU") were granted in the original amount of 6,005, which vest in three equal annual installments, with a final vesting in 2027. These shares of common stock were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain RSUs. On February 28, 2025, these RSUs were granted in the original amount of 29,033, which vest in three equal annual installments, with a final vesting in 2028. Each RSU represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit. This field is not applicable.
FAQ
What insider transactions did Bloomin' Brands (BLMN) report for Lissette R. Gonzalez?
Lissette R. Gonzalez reported RSU-related transactions on February 28, 2026. Restricted stock units converted into common shares, and a portion of those shares was withheld by Bloomin' Brands to satisfy tax obligations tied to the vesting events.
How many Bloomin' Brands RSUs converted to common stock in this Form 4?
On February 28, 2026, 2,002 and 9,677 restricted stock units converted into common stock at a stated price of $0.00 per share. Each RSU represents the right to receive one share of Bloomin' Brands common stock upon vesting.
What are the vesting schedules for the Bloomin' Brands RSU grants in this filing?
One RSU grant made on February 28, 2024 originally covered 6,005 units, vesting in three equal annual installments with final vesting in 2027. Another grant from February 28, 2025 covered 29,033 RSUs, vesting annually with final vesting in 2028.
What does each Bloomin' Brands RSU represent in this Form 4?
Each restricted stock unit represents a contingent right to receive one share of Bloomin' Brands common stock upon vesting. When vesting occurs, RSUs convert into shares, and some shares may be withheld to satisfy tax obligations, as reflected here.