Bloomin' Brands EVP nets shares from RSU vesting
Bloomin' Brands, Inc. executive Lissette R. Gonzalez, EVP and Chief Commercial Officer, reported equity award activity.
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Rhea-AI Filing Summary
Bloomin' Brands, Inc. executive Lissette R. Gonzalez, EVP and Chief Commercial Officer, reported equity award activity. She exercised 4,861 restricted stock units, converting them into the same number of shares of common stock at a stated price of $0.00 per share.
On the same date, 1,201 common shares were withheld by the company at $6.35 per share to cover tax obligations upon RSU vesting, a tax-withholding disposition rather than an open-market sale. After these transactions, she directly owned 46,483 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,861 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,861 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,201 | $6.35 | $8K |
Footnotes (5)
- F1. On September 3, 2024, these restricted stock units ("RSU") were granted in the original amount of 19,443, which vest 50% on the 12-month anniversary of the grant date; 25% on the 18-month anniversary of the grant date; and 25% on the 24-month anniversary of the grant date; with a final vesting in 2026.
- F2. This amount reflects a change of 369 shares originally reported in the reporting person's Form 4 filed on March 3, 2026, in which the number of shares withheld to satisfy tax withholding obligations was incorrect.
- F3. These shares of common stock were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain RSUs.
- F4. Each RSU represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
- F5. This field is not applicable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Bloomin' Brands (BLMN) report for Lissette R. Gonzalez?
Was the Bloomin' Brands (BLMN) insider transaction an open-market sale?
What are the terms of the restricted stock units reported for Bloomin' Brands (BLMN)?
Did the Bloomin' Brands (BLMN) Form 4 include any corrections to prior reports?
How does each Bloomin' Brands (BLMN) RSU relate to common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.