Rohit Lal at Bloomin' Brands (BLMN) exercises 19,746 RSUs and receives 23,485-unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bloomin' Brands, Inc. director Rohit Lal reported routine equity compensation activity. He exercised previously vested restricted stock units (RSUs) covering 19,746 shares of Common Stock, bringing his direct holdings to 49,902.085 shares after the transaction. The related RSU award was reduced to zero. Lal also received a new grant of 23,485 RSUs, each representing the contingent right to receive one share of common stock upon vesting. According to the disclosure, these RSUs will fully vest immediately prior to the company’s annual meeting of stockholders in 2027, while the exercised RSUs had fully vested immediately prior to the 2026 annual meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,746 shares exercised/converted
Mixed
3 txns
Insider
Lal Rohit
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 23,485 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,746 | $0.00 | -- |
| Exercise | Common Stock | 19,746 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 23,485 shares (Direct, null);
Common Stock — 49,902.085 shares (Direct, null)
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. These RSUs, in the original grant amount of 23,485, will fully vest immediately prior to the issuer's annual meeting of stockholders in 2027. This field is not applicable. These RSUs, in the original grant amount of 19,746, fully vested immediately prior to the issuer's annual meeting of stockholders in 2026.
Key Figures
RSUs exercised into common stock: 19,746 shares
Common shares held after transactions: 49,902.085 shares
New RSU grant: 23,485 RSUs
+3 more
6 metrics
RSUs exercised into common stock
19,746 shares
Common Stock acquired via derivative exercise on April 22, 2026
Common shares held after transactions
49,902.085 shares
Direct holdings after April 22, 2026 transactions
New RSU grant
23,485 RSUs
Award representing contingent right to one share per unit
Vesting of new RSUs
Immediately prior to 2027 annual meeting
Full vesting timing for 23,485 RSUs
Vesting of exercised RSUs
Immediately prior to 2026 annual meeting
19,746 RSUs fully vested before 2026 meeting
RSU exercise price
$0.00 per unit
Conversion or exercise price for RSUs
Key Terms
Restricted Stock Units, contingent right, annual meeting of stockholders, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units financial
"The filing reports transactions in "Restricted Stock Units" linked to common stock."
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.
contingent right financial
"Each RSU represents the contingent right to receive one share of common stock."
annual meeting of stockholders financial
"The RSUs will fully vest immediately prior to the issuer's annual meeting of stockholders."
derivative exercise/conversion financial
"The transaction code description notes an exercise or conversion of derivative security."
grant, award, or other acquisition financial
"One RSU transaction is described as a grant, award, or other acquisition."
FAQ
What insider transactions did Rohit Lal report at Bloomin' Brands (BLMN)?
Rohit Lal reported exercising previously vested restricted stock units for 19,746 shares of Common Stock and receiving a new grant of 23,485 RSUs. These transactions are equity compensation events rather than open-market purchases or sales.
What are the terms of the new 23,485 RSUs granted to Rohit Lal at BLMN?
The new award of 23,485 restricted stock units gives Rohit Lal a contingent right to receive one share of Bloomin' Brands common stock per unit. The filing states these RSUs will fully vest immediately prior to the company’s 2027 annual meeting of stockholders.
When did Rohit Lal’s previously granted RSUs at Bloomin' Brands vest?
The filing explains that the RSUs relating to the 19,746 shares of common stock fully vested immediately prior to Bloomin' Brands’ 2026 annual meeting of stockholders. Those vested units were then settled into common shares through the reported derivative exercise.