Bloomin' Brands (BLMN) EVP reports RSU vesting, tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bloomin' Brands EVP Lissette R. Gonzalez reported equity award activity involving restricted stock units and common shares. On February 22, 2026, she exercised RSUs into 1,307 and 2,614 shares of common stock at a stated price of $0.00 per share.
The RSUs were originally granted on February 22, 2023 in amounts of 3,921 and 7,841, vesting in three equal annual installments through 2026. In connection with the vesting, 388 and 776 common shares were withheld at $6.47 per share to cover withholding taxes. After these transactions, she directly owned 34,608 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,921 shares exercised/converted
Mixed
6 txns
Insider
Gonzalez Lissette R
Role
EVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,307 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,614 | $0.00 | -- |
| Exercise | Common Stock | 1,307 | $0.00 | -- |
| Tax Withholding | Common Stock | 388 | $6.47 | $3K |
| Exercise | Common Stock | 2,614 | $0.00 | -- |
| Tax Withholding | Common Stock | 776 | $6.47 | $5K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 33,158 shares (Direct)
Footnotes (1)
- On February 22, 2023, these restricted stock units ("RSU") were granted in the original amount of 3,921, which vest in three equal annual installments, with a final vesting in 2026. 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 22, 2023, these RSUs were granted in the original amount of 7,841, which vest in three equal annual installments, with a final vesting in 2026. 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 did BLMN executive Lissette R. Gonzalez report in this Form 4?
Lissette R. Gonzalez reported exercises of restricted stock units into common stock and related tax-withholding share dispositions. The activity reflects vesting of prior equity awards rather than open-market purchases or sales, and results in a revised directly held stake of 34,608 Bloomin' Brands shares.
What were the original Bloomin' Brands RSU grants reported in this Form 4?
The RSUs were originally granted on February 22, 2023 in amounts of 3,921 and 7,841 units. Each grant vests in three equal annual installments through 2026, with each vested restricted stock unit delivering one share of Bloomin' Brands common stock to the executive.
How are the Bloomin' Brands RSUs structured in terms of conversion to common stock?
Each restricted stock unit represents a contingent right to receive one Bloomin' Brands common share upon vesting. As the RSUs vest in scheduled annual installments through 2026, they convert into shares, subject to applicable tax withholding handled via share withholding.