Bloomin' Brands CAO gets 15,385 shares on RSU vest
Bloomin' Brands’ chief accounting officer had RSUs vest into shares, with part of the stock withheld to cover tax obligations.
Rhea-AI Filing Summary
Bloomin' Brands, Inc. reported that Philip J. Pace, its SVP and Chief Accounting Officer, had 15,385 restricted stock units convert into the same number of shares of common stock on September 2, 2026, at no cash exercise price. Of these, 3,747 shares were withheld by the company at $9.93 per share to cover applicable withholding taxes due upon vesting, with the remainder retained as common stock. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,385 shares exercised/converted
Exercise
3 txns
Insider
Pace Philip J
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F1, F4 | 15,385 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 15,385 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 3,747 | $9.93 | $37K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 57,046 shares (Direct)
Footnotes (4)
- F1. On September 2, 2025, these restricted stock units ("RSU") were granted in the original amount of 15,385, which will fully vest on September 2, 2026.
- 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. Each RSU represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
- F4. This field is not applicable.
Key Figures
RSUs converted: 15,385 restricted stock units
Common shares received: 15,385 shares
Shares withheld for taxes: 3,747 shares
+2 more
5 metrics
RSUs converted
15,385 restricted stock units
Units that vested and converted into common stock on September 2, 2026
Common shares received
15,385 shares
Common stock delivered upon RSU vesting on September 2, 2026
Shares withheld for taxes
3,747 shares
Shares of common stock withheld to pay withholding tax upon vesting
Withholding share value
$9.93 per share
Value used for shares withheld to cover tax liability
Original RSU grant size
15,385 restricted stock units
RSUs granted on September 2, 2025 that fully vested on September 2, 2026
Key Terms
restricted stock units, withholding tax, contingent right
3 terms
restricted stock units financial
"these restricted stock units ("RSU") were granted in the original amount of 15,385"
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
"were withheld by the issuer to pay for the applicable withholding tax due upon vesting"
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"
FAQ
What insider transaction did Bloomin' Brands (BLMN) disclose for Philip J. Pace?
Bloomin' Brands disclosed that 15,385 restricted stock units held by Philip J. Pace vested and converted into 15,385 shares of common stock on September 2, 2026, with a portion of the resulting shares withheld to satisfy tax withholding obligations.
What was the size of the RSU award that vested for BLMN’s chief accounting officer?
The RSU award originally consisted of 15,385 restricted stock units. According to the disclosure, these units were granted on September 2, 2025 and fully vested on September 2, 2026, triggering delivery of the same number of common shares before tax withholding.
Did the Bloomin' Brands (BLMN) insider transaction occur under a Rule 10b5-1 plan?
No. The disclosure indicates that no Rule 10b5-1 trading plan is associated with the reported transactions; the vesting and related share withholding are reported without reference to any pre-arranged trading plan.
What type of securities were involved in the BLMN Form 4 for Philip J. Pace?
The filing involves restricted stock units that represented a contingent right to receive common stock, and the resulting common stock of Bloomin' Brands delivered upon vesting, part of which was withheld to cover tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
