Bloomin' Brands EVP exercises RSUs, shares withheld
Bloomin' Brands executive Patrick M. Hafner reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Bloomin' Brands executive Patrick M. Hafner reported equity award activity involving restricted stock units and common shares. On February 22, 2026, 1,351 restricted stock units were exercised at $0.00 per unit, converting into 1,351 shares of common stock under an award originally granted on February 22, 2023 and vesting in three equal annual installments with final vesting in 2026.
In a related transaction the same day, 401 common shares were withheld by the company at $6.47 per share to cover withholding taxes due upon vesting of the RSUs, described as a payment of tax liability by delivering securities rather than an open-market sale. After these transactions, Hafner directly owned 14,806 shares of Bloomin' Brands common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,351 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,351 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 401 | $6.47 | $3K |
Footnotes (4)
- F1. On February 22, 2023, these restricted stock units ("RSU") were granted in the original amount of 4,051, which vest in three equal annual installments, with a final vesting in 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.
FAQ
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What insider transaction did Bloomin' Brands (BLMN) executive Patrick Hafner report?
How many restricted stock units vested for Bloomin' Brands (BLMN) EVP Patrick Hafner?
Were Patrick Hafner’s Bloomin' Brands (BLMN) transactions open-market purchases or sales?
What are the terms of the Bloomin' Brands (BLMN) RSU grant reported by Patrick Hafner?
AI-generated analysis. How Rhea-AI works. Not financial advice.