BLMN Form 4: Executive Award of 75,455 RSUs with 2028 Vesting

Rhea-AI Filing Summary

Bloomin' Brands insider grant: Eric C. Christel, listed as EVP, CFO-Elect and a reporting person for Bloomin' Brands (BLMN), was granted 75,455 restricted stock units (RSUs) on 09/02/2025. Each RSU represents the contingent right to receive one share of common stock upon vesting. The RSUs were issued at a $0 purchase price and vest in three equal annual installments with final vesting in 2028, leaving 75,455 shares reported as beneficially owned following the grant. The Form 4 was signed on behalf of the reporting person by Allison Hicks, Attorney in Fact, on 09/04/2025.

Positive

• Grant of 75,455 RSUs to a named executive, clearly disclosed
• Time-based vesting schedule in three equal annual installments through 2028 provides transparency on future share issuance

Negative

• None.

Insights

Financial Analyst

TL;DR: Company officer received a standard equity award of 75,455 RSUs, creating future share issuance contingent on vesting.

The grant of 75,455 RSUs to Eric C. Christel is a non-cash compensation event that will convert to common shares upon vesting in three equal annual tranches through 2028. The reported grant price is $0, indicating this is a standard restricted award rather than a purchase. For investors, the immediate impact on reported outstanding shares is nil until vesting; eventual dilution will occur if shares are issued upon vesting. The filing is routine for executive compensation disclosure and does not include additional cash or covenant terms.

Corporate Governance Expert

TL;DR: Executive equity grant disclosed; vesting schedule aligns long-term retention through 2028.

The Form 4 discloses a time-based RSU grant with three equal annual vesting installments and final vesting in 2028, which is a typical retention-focused structure. The disclosure clearly states the number of units, $0 price, and conversion into common stock on vesting. The signature by an attorney-in-fact is properly noted. There are no indications of performance-based conditions or other exceptional governance terms in the filing.

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^*

Christel Eric C

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO-Elect

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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
No securities beneficially owned.								0	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(1)	09/02/2025		A		75,455		(2)	(3)	Common Stock	75,455	$0	75,455	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.

2. On September 2, 2025, these RSUs were granted in the original amount of 75,455, which vest in three equal annual installments, with a final vesting in 2028.

3. This field is not applicable.

Remarks:

	/s/ Allison Hicks, Attorney in Fact	09/04/2025
	** 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).
** 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.

FAQ

What did Eric C. Christel receive according to the Form 4 for BLMN?

The Form 4 reports a grant of 75,455 restricted stock units (RSUs) on 09/02/2025.

How do the RSUs granted to the BLMN executive vest?

The RSUs vest in three equal annual installments, with final vesting in 2028.

Was there any cash paid for the RSUs reported on the Form 4 (BLMN)?

No; the Form 4 reports a grant price of $0, indicating a restricted award rather than a purchase.

How many shares are reported as beneficially owned after the transaction in the BLMN Form 4?

The Form 4 reports 75,455 shares beneficially owned following the reported transaction.

Who signed the Form 4 on behalf of the reporting person for Bloomin' Brands?

The form is signed by Allison Hicks, Attorney in Fact on 09/04/2025.