[Form 4] Bloomin' Brands, Inc. Insider Trading Activity
Bloomin' Brands, Inc. (BLMN) reported an insider grant: Chief Human Resources Officer Jessica L. Mitory was awarded restricted stock units (RSUs) on September 2, 2025. Two RSU grants were reported: 100,000 RSUs and 29,091 RSUs, which together represent 129,091 contingent shares that convert to common stock upon vesting. Each RSU equals one share on vesting and both grants vest in three equal annual installments with final vesting in 2028.
The grants were reported on Form 4 filed by a single reporting person and executed under attorney-in-fact signature. The RSUs were granted at $0 exercise/conversion price, consistent with typical restricted stock unit awards rather than option purchases. The filing shows these awards as directly beneficially owned following the grant.
- Material grant disclosed for transparency: 100,000 RSUs and 29,091 RSUs reported on Form 4
 - Vesting schedule provided: both grants vest in three equal annual installments with final vesting in 2028
 - RSUs convert 1:1 to common stock on vesting, clarifying economic entitlement
 
- No disclosure of prior holdings or total outstanding shares, limiting assessment of dilution
 - No detail on performance conditions; filing does not state whether awards are time-based or performance-based
 - Grant valuation not provided (reported price $0), so monetary impact is not directly quantifiable from this filing
 
Insights
TL;DR: Executive equity awards align pay with shareholder outcomes but warrant disclosure of total existing holdings for context.
The reported RSU grants of 129,091 shares to the CHRO are a standard long-term compensation tool tying retention and performance to share price. Vesting over three annual installments through 2028 encourages multi-year retention. Reporting as direct beneficial ownership and a Form 4 filing meet disclosure norms. The filing does not disclose whether awards are performance-based or time-based beyond vesting schedule, nor does it state prior holdings, which limits assessment of dilution and incentive alignment.
TL;DR: Materiality is modest; the award size appears significant in isolation but lacks context on total outstanding shares or executive pay package.
The grants are listed at a $0 conversion price, typical for RSUs that convert to common stock on vesting. The total of 129,091 RSUs vests in three equal installments, implying approximately 43,030 RSUs vest per year for each grant tranche. Without disclosure of target performance conditions, grant-date valuation, or the issuer's share count, it is not possible to quantify dilution or percent-of-pay metrics. As reported, the transaction is routine compensation disclosure rather than a market-moving event.