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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 75,455 | $0.00 | -- |
| holding | No securities beneficially owned. | -- | -- | -- |
Footnotes (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. 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. This field is not applicable.