[Form 4] Bloomin' Brands, Inc. Insider Trading Activity
Bloomin' Brands insider Philip J. Pace reported equity awards and a tax-withholding sale. The filing shows two recent grant events and a withholding disposition. Restricted stock units (RSUs) totaling 15,385 were granted on 09/02/2025 that will fully vest on 09/02/2026. Separately, RSUs originally granted in the amount of 12,962 (grant date 09/03/2024) produced a reported vesting-related position of 6,481 RSUs now reflected as beneficially owned. To satisfy tax withholding on vesting, 2,551 shares of common stock were withheld/disposed at $6.99, leaving 37,709 shares beneficially owned after the transactions.
- 15,385 RSUs granted with a clear one-year vesting schedule, aligning executive compensation with future performance
- Vesting schedule disclosed for prior grant (50%/25%/25%), providing transparency on future share delivery and timing
- Post-transaction beneficial ownership reported (37,709 shares), showing continued direct ownership
- 2,551 shares disposed/withheld at $6.99 to satisfy tax obligations, reducing immediate share count
- Vesting creates potential future dilution as RSUs convert to common stock upon vesting
Insights
TL;DR: Insider received RSUs and had shares withheld to cover taxes; net beneficial ownership changed modestly.
The transactions reflect routine equity compensation activity rather than open-market trading. The reporting person received 15,385 RSUs that vest in one year and had prior RSUs (originally 12,962) partially reflected as 6,481 vested units. The issuer withheld 2,551 shares at $6.99 to satisfy tax obligations, resulting in 37,709 shares owned post-transaction. For investors, this is a standard compensation-related change and does not by itself indicate a change in company outlook or insider sentiment.
TL;DR: Compensation governance appears standard: time-based RSUs with scheduled vesting and tax withholding.
The RSU schedules reported—50% at 12 months, then two 25% tranches for the 2024 grant, and a one-year cliff for the 2025 grant—are conventional designs to retain executives. The withholding of 2,551 shares to cover taxes is a common administrative step following vesting. The filing is transparent about amounts and ownership form (direct), meeting Section 16 disclosure expectations.