Bloomin' Brands CAO has 3,241 RSUs vest
Bloomin' Brands’ chief accounting officer had RSUs vest into shares, with a portion withheld to cover taxes and no Rule 10b5-1 plan indicated.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Bloomin' Brands, Inc. (BLMN) reported that SVP and Chief Accounting Officer Philip J. Pace had restricted stock units convert into common shares. On September 3, 2026, 3,241 RSUs converted into 3,241 shares of common stock, and 790 of those shares were withheld by the issuer at $9.73 per share to cover withholding taxes. The RSUs came from a grant of 12,962 units awarded on September 3, 2024 with a staged vesting schedule through 2026. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F1, F4 | 3,241 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,241 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 790 | $9.73 | $8K |
Footnotes (4)
- F1. On September 3, 2024, these restricted stock units ("RSU") were granted in the original amount of 12,962, 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. 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.
Key Figures
Key Terms
Restricted Stock Units financial
withholding tax financial
contingent right financial
FAQ
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What insider transaction did BLMN disclose for Philip J. Pace?
What was the size and vesting schedule of the original BLMN RSU grant?
Does this BLMN insider transaction involve a Rule 10b5-1 plan?
What does each RSU represent in the BLMN filing for Philip J. Pace?
AI-generated analysis. How Rhea-AI works. Not financial advice.