Welcome to our dedicated page for Driven Brands Holdings SEC filings (Ticker: DRVN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Driven Brands Holdings Inc. filings document the regulatory record for a Delaware automotive services company whose common stock trades on the Nasdaq Global Select Market under DRVN. Recent disclosures include Form 8-K reports on expected operating results, segment reporting, delayed financial reporting, non-reliance on previously issued financial statements and related restatement matters.
The company’s SEC filings also cover Form 12b-25 late-filing notices for periodic reports, amendments and waivers under credit agreements and base indentures involving its subsidiaries, and formal updates tied to financial-statement deliverables. These records frame Driven Brands’ capital structure, reporting controls, governance oversight and material-event disclosures.
Driven Brands Holdings Inc. (DRVN) announced updated capital allocation priorities, including a new $100 million share repurchase authorization effective September 15, 2026 and a long-term net leverage target of 2–3x Net Debt to Adjusted EBITDA. The authorization represents about 5% of the company’s market capitalization and has no stated expiration.
Management highlighted deleveraging progress, noting net leverage declined from 5.0x at the end of 2023 to an expected 3.0x at the end of Q3 2026, reaching a 3.0x target ahead of plan. The company plans to continue investing in its Take 5 growth strategy while funding repurchases from available cash and ongoing cash flows. As of the end of fiscal 2025, Driven Brands generated approximately $1.9 billion in annual revenue from about $6.1 billion in system-wide sales across more than 4,200 locations.
Driven Brands Holdings Inc. (DRVN) reported an insider tax-related share disposition by Chief Legal Officer O'Melia Scott L. On 2026-08-21, 28,892 shares of common stock were automatically withheld by the issuer at $13.17 per share to satisfy the officer's tax obligation from vesting restricted stock units granted on August 23, 2024. Following this withholding, the officer directly holds 346,523 shares of Driven Brands common stock.
Driven Brands Holdings Inc. reported that EVP & Chief Financial Officer Michael Fisher Diamond had 17,285 shares of common stock withheld on 2026-08-07 to cover tax obligations arising from the vesting of restricted stock units granted on 2024-08-07. These shares were withheld by the issuer under a restricted stock award agreement, leaving him with 214,676 shares held directly.
Driven Brands Holdings Inc. reported second-quarter 2026 revenue of $507.4 million, an increase of about 7% versus the prior year, with system-wide sales up 5% to $1.6 billion. Net income from continuing operations rose to $37.3 million, or $0.23 per diluted share, compared with $16.4 million, or $0.10 per share, a year earlier. Adjusted Net Income was $48.2 million, slightly below $48.9 million in the prior-year quarter.
Adjusted EBITDA was $107.0 million, a 7% decrease year over year, and included $11.8 million of non-recurring, restatement-related costs. Same store sales grew 1.4%, with the Take 5 segment posting 3.6% same store sales growth and achieving its 24th consecutive quarter of positive same store sales. The company reported a net leverage ratio of 3.1x Adjusted EBITDA, moving closer to its 3x target, and reiterated its full-year 2026 outlook ranges.
Driven Brands Holdings Inc. held its 2026 annual meeting of stockholders on July 28, 2026. Stockholders elected Damien Harmon, Chad Hume, and Karen Stroup as Class III directors, each to serve until the 2029 annual meeting and until a successor is elected and qualified.
Stockholders also approved, on a non-binding advisory basis, the 2025 compensation of the company’s named executive officers, with 127,319,236 votes for, 15,170,927 against, and 197,617 abstentions. In addition, they ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 26, 2026, receiving 152,628,351 votes for, 2,789,749 against, and 506,129 abstentions.
Tomas Jose D. reported acquisition or exercise transactions in this Form 4 filing.
Driven Brands Holdings Inc. director Tomas Jose D. received a grant of 12,595 restricted stock units, a form of stock-based compensation with no cash paid per share. These RSUs each represent one share of common stock and will vest in full on March 11, 2027, if he remains in continuous service through that date. Following this award, he directly holds 40,073 shares, including the unvested RSUs.
SWINBURN PETER S reported acquisition or exercise transactions in this Form 4 filing.
Driven Brands Holdings Inc. director Peter S. Swinburn received a grant of 12,595 shares of Common Stock in the form of restricted stock units. These RSUs were granted at no cash cost and increase his direct holdings to 249,961 shares after the award.
The footnote explains that each RSU represents a contingent right to receive one share of Common Stock. The entire grant will vest on March 11, 2027, provided he remains in continuous service through that vesting date, making this a standard, time-based equity compensation award.
Stroup Karen B. reported acquisition or exercise transactions in this Form 4 filing.
Driven Brands Holdings Inc. director Karen B. Stroup received an equity grant of 12,595 restricted stock units, each representing one share of Common Stock. These RSUs vest in full on March 11, 2027, subject to her continuous service, bringing her reported direct holdings to 44,937 shares.
PUCKETT RICK D reported acquisition or exercise transactions in this Form 4 filing.
Driven Brands Holdings Inc. director Rick D. Puckett received a grant of 12,595 shares of Common Stock in the form of restricted stock units. These RSUs carry no purchase price and represent a contingent right to receive one share of Common Stock for each unit.
The award will vest in full on March 11, 2027, if Puckett remains in continuous service through that date. Following this grant, he holds a total of 182,077 shares of Driven Brands common stock directly, reflecting both existing holdings and the new award.