[Form 4] Bloomin' Brands, Inc. Insider Trading Activity
Bloomin' Brands insider transaction: EVP Chief Commercial Officer Lissette R. Gonzalez had restricted stock units (RSUs) and common stock transactions reported on Form 4. The filing shows an original RSU grant of 19,443 units that vest 50% at 12 months, 25% at 18 months and 25% at 24 months, with final vesting in 2026. On 09/03/2025, 9,721 RSUs were recorded as acquired (code M) at $0 and 2,368 shares of common stock were withheld by the issuer to cover applicable withholding taxes at a reported price of $6.99. Beneficial ownership after the transactions is reported as 28,812 shares (direct).
- 19,443 RSU grant documented, showing multi-year vesting alignment between the EVP and shareholders
- Vesting schedule disclosed (50%/25%/25%), giving clarity on timing of equity realizations
- 2,368 shares withheld to cover taxes, reducing the reporting person’s direct share count
- RSUs recorded at $0 (no exercise price), indicating these are compensation units rather than market purchases
Insights
TL;DR: Routine executive equity compensation activity: partial RSU vesting and tax-withholding share retention; no cash sale or market-disrupting event disclosed.
This Form 4 documents compensation-related movements rather than open-market trades. The original grant size (19,443 RSUs) and the vesting schedule indicate multi-year incentive alignment for the EVP. The 9,721 RSUs recorded as acquired (code M) reflect vesting-related recognition at $0 exercise price, consistent with restricted units converting to underlying shares upon vesting. The issuer withheld 2,368 shares to satisfy tax obligations at a per-share price shown as $6.99, reducing the reporting person’s direct share count to 28,812. From a financial perspective, these are internal compensation mechanics and do not indicate a liquidity event or outside sale.
TL;DR: Compensation governance in action: scheduled RSU vesting and tax withholding, documented by proper Section 16 reporting.
The filing shows the company and reporting person following Section 16 reporting requirements for equity awards. The detailed vesting schedule (50%/25%/25%) and the fact that RSUs convert to one share each upon vesting are typical grant terms that align executive incentives with shareholder value over a multi-year horizon. The tax-withholding of 2,368 shares is a standard administrative step. The signed filing by an attorney-in-fact indicates procedural completeness.