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Bloomin' Brands legal chief reports 6,481-share RSU vesting

EVP and Chief Legal Officer Lefferts Kelly received vested stock from RSUs, with part of the award withheld to cover taxes.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bloomin' Brands, Inc. executive Lefferts Kelly, EVP and Chief Legal Officer, reported the September 3, 2026 vesting and conversion of 6,481 Restricted Stock Units into 6,481 shares of common stock. Of these shares, 1,579 were withheld by the issuer to pay applicable withholding tax. No Rule 10b5-1 trading plan is reported.

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Negative

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Insider Lefferts Kelly
Role EVP, Chief Legal Officer
Type Security Shares Price Value
Exercise Restricted Stock Units F3, F1, F4 6,481 $0.00 $0.00
Exercise Common Stock F1 6,481 $0.00 $0.00
Tax Withholding Common Stock F2 1,579 $9.73 $15K
Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 134,144 shares (Direct)
Footnotes (4)
  1. F1. On September 3, 2024, these restricted stock units ("RSU") were granted in the original amount of 25,924, which vest 50% on the 12-month anniversary of the grant date; 25% on the 18-month anniversary of the grant date; and 25% on the 24-month anniversary of the grant date; with a final vesting in 2026.
  2. F2. These shares of common stock were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain RSUs.
  3. F3. Each RSU represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
  4. F4. This field is not applicable.
RSUs Converted 6,481 units Restricted Stock Units converted into common stock on September 3, 2026
Common Shares Acquired 6,481 shares Shares of Bloomin' Brands common stock received from RSU conversion on September 3, 2026
Shares Withheld for Taxes 1,579 shares Common stock withheld to pay withholding tax upon RSU vesting
Withholding Price $9.73 per share Value used for shares withheld to pay tax liability
Original RSU Grant Size 25,924 units RSUs granted on September 3, 2024 with multi-year vesting schedule
RSU Vesting Schedule 50% / 25% / 25% Vests at 12-, 18-, and 24-month anniversaries of the September 3, 2024 grant date, with final vesting in 2026
Restricted Stock Units financial
"these restricted stock units ("RSU") were granted in the original amount"
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.
withholding tax financial
"shares of common stock were withheld by the issuer to pay for the applicable withholding tax"
Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.
contingent right financial
"Each RSU represents the contingent right to receive one share of common stock"
vesting financial
"which vest 50% on the 12-month anniversary of the grant date; 25% on the 18-month anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

What insider equity transaction did Bloomin' Brands (BLMN) disclose for Lefferts Kelly?

Lefferts Kelly, EVP and Chief Legal Officer, reported the vesting and conversion of 6,481 Restricted Stock Units into 6,481 shares of Bloomin' Brands common stock on September 3, 2026, as part of a previously granted equity award.

How many Bloomin' Brands (BLMN) shares were withheld for taxes in this Form 4?

The company withheld 1,579 shares of Bloomin' Brands common stock at $9.73 per share to pay the applicable withholding tax due upon vesting of certain Restricted Stock Units.

What was the original size and vesting schedule of the RSU grant reported by BLMN?

On September 3, 2024, 25,924 Restricted Stock Units were granted, vesting 50% on the 12‑month anniversary, 25% on the 18‑month anniversary, and 25% on the 24‑month anniversary, with a final vesting in 2026.

Did the Bloomin' Brands (BLMN) Form 4 indicate a Rule 10b5-1 trading plan?

No. The Form 4 indicates no Rule 10b5-1 trading plan; the document-level checkbox for trades under such a plan is not selected.

What do the Restricted Stock Units in the BLMN filing represent?

Each Restricted Stock Unit represents a contingent right to receive one share of Bloomin' Brands common stock upon vesting of the unit, meaning the RSUs convert into common shares as vesting conditions are met.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Lefferts Kelly

(Last)(First)(Middle)
2202 N. WEST SHORE BLVD.
SUITE 500

(Street)
TAMPA FLORIDA 33607

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bloomin' Brands, Inc. [ BLMN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/03/2026M6,481(1)A$0135,723D
Common Stock09/03/2026F1,579(2)D$9.73134,144D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(3)09/03/2026M6,481 (1) (4)Common Stock6,481$00D
Explanation of Responses:
1. On September 3, 2024, these restricted stock units ("RSU") were granted in the original amount of 25,924, which vest 50% on the 12-month anniversary of the grant date; 25% on the 18-month anniversary of the grant date; and 25% on the 24-month anniversary of the grant date; with a final vesting in 2026.
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. This field is not applicable.
Remarks:
/s/ Allison Hicks, Attorney in Fact09/08/2026
** Signature of Reporting PersonDate
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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