Bloomin' Brands SVP exercises RSUs, withholds shares
Bloomin' Brands SVP and Chief Accounting Officer Philip J. Pace reported multiple equity compensation transactions.
Rhea-AI Filing Summary
Bloomin' Brands SVP and Chief Accounting Officer Philip J. Pace reported multiple equity compensation transactions. On February 28, 2026, he acquired common stock through exercises or conversions of restricted stock units (RSUs) and had shares withheld to cover taxes due at vesting.
The filing shows RSU conversions into common stock in several blocks, alongside tax-withholding dispositions at a price of $6.12 per share. Footnotes explain these RSUs were originally granted in amounts of 3,537, 4,004 and 17,097 units on February 28, 2024 and February 28, 2025, vesting annually through 2028.
In addition, on February 27, 2026, Pace received a new award of 21,650 RSUs that vest in three equal annual installments through 2029. Each RSU represents the right to receive one share of Bloomin' Brands common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,179 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,335 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,699 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,179 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 527 | $6.12 | $3K |
| Exercise | Common Stock | 1,335 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 597 | $6.12 | $4K |
| Exercise | Common Stock | 5,699 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,545 | $6.12 | $16K |
| Grant/Award | Restricted Stock Units | 21,650 | $0.00 | $0.00 |
Footnotes (7)
- F1. On February 28, 2024, these restricted stock units ("RSU") were granted in the original amount of 3,537, which vest in three equal annual installments, with a final vesting in 2027.
- F2. These shares of common stock were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain RSUs.
- F3. On February 28, 2024, these RSUs were granted in the original amount of 4,004, which vest in three equal annual installments, with a final vesting in 2027.
- F4. On February 28, 2025, these RSUs were granted in the original amount of 17,097, which vest in three equal annual installments, with a final vesting in 2028.
- F5. Each RSU represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
- F6. On February 27, 2026, these RSUs were granted in the original amount of 21,650, which vest in three equal annual installments, with a final vesting in 2029.
- F7. This field is not applicable.
FAQ
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What insider transactions did Bloomin' Brands (BLMN) report for Philip J. Pace?
How many restricted stock units were newly granted to Philip J. Pace at Bloomin' Brands (BLMN)?
What do the RSU vesting schedules look like for Bloomin' Brands insider Philip J. Pace?
How does each Bloomin' Brands RSU reported for Philip J. Pace convert into stock?
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