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. executive Khalid Muhammad, EVP and Chief Operating Officer, reported a tax-related share disposition tied to vesting equity awards. On June 17, 2026, 14,640 shares of common stock were automatically withheld at $12.55 per share to cover his tax obligations on vested restricted stock units. After this withholding, he directly holds 144,354 shares, so the event reflects routine compensation-related tax settlement rather than an open-market sale.
Driven Brands Holdings Inc. is asking stockholders to vote at a virtual 2026 annual meeting on July 28, 2026, to elect three Class III directors, approve on an advisory basis executive pay, and ratify PricewaterhouseCoopers LLP as auditor for fiscal 2026. The board has 12 members, seven of whom are independent, and will shrink to 11 after director Peter Swinburn retires at the meeting. Roark Capital–related entities remain controlling stockholders and may designate up to seven directors under a stockholders agreement.
The proxy describes a pay program emphasizing performance-based incentives: base salary, an annual cash bonus tied mainly to Adjusted EBITDA, revenue, and same-store sales, plus long-term equity split between RSUs and performance-based RSUs using cumulative Adjusted EBITDA and relative total stockholder return. For 2025, Adjusted EBITDA did not reach the threshold, so no annual bonuses were paid and 2023 PSUs paid out at 0%. The filing also details the 2025 CEO transition from Jonathan Fitzpatrick to Danny Rivera, director compensation increases, related-party agreements (including an income tax receivable agreement) and beneficial ownership, with Roark-related entities holding about 61.8% of outstanding common stock.
Driven Brands Holdings Inc. reported first quarter 2026 results showing steady growth and deleveraging. Revenue rose 8% to $484.4 million, while system-wide sales increased 6% to $1.6 billion, driven by 2% same store sales growth and a 5% increase in store count versus the prior year.
Net income from continuing operations was $23.8 million, or $0.14 per diluted share, up from $13.5 million, or $0.08 per diluted share. Adjusted Net Income reached $49.0 million, or $0.30 per diluted share, compared with $38.8 million and $0.24 a year earlier.
Adjusted EBITDA was $104.1 million, up 2% year over year and including $9.1 million of restatement-related non-recurring costs. Management highlighted the Take 5 segment’s 4.5% same store sales growth, a net leverage ratio of 3.2x Adjusted EBITDA, and reiterated its full-year 2026 outlook.
Driven Brands Holdings Inc. disclosed that it received a Nasdaq notice on June 1, 2026 stating it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because its Form 10‑Q for the quarter ended March 28, 2026 has not been filed.
The delay stems from a restatement of prior financial statements and the related late filing of its 2025 Form 10‑K, which was filed on May 19, 2026. The notice has no immediate effect on the listing or trading of the company’s common stock.
Driven Brands has 60 days, until July 31, 2026, to submit a compliance plan, and Nasdaq may allow up to November 25, 2026 for the company to regain compliance. Management states it is working to complete the Form 10‑Q as soon as practicable.
Driven Brands Holdings Inc. filed its Annual Report for the year ended December 27, 2025, which includes restated audited financial statements for 2024 and 2023 and restated interim results for multiple 2024 and 2025 quarters after identifying material errors in prior periods.
The company reports approximately $1.9 billion in net revenue from about $6.1 billion in system-wide sales in 2025, generated by over 4,200 locations across North America under brands such as Take 5 Oil, Meineke, Maaco, CARSTAR and Auto Glass Now. Management determined internal control over financial reporting and disclosure controls were ineffective due to material weaknesses and is implementing remediation actions.
Driven Brands Holdings Inc. reported fourth quarter and fiscal 2025 results and restated prior-period financial statements. Fiscal 2025 revenue rose 6.3% to $1.9 billion, while net income reached $140.2 million compared with a $297.5 million loss in 2024 as restated. Operating cash flow from continuing operations increased to $330.5 million from $244.0 million. Adjusted EBITDA was $449.1 million versus $443.2 million, and Adjusted EPS from continuing operations improved to $1.21 from $1.07. The company reported Take 5 same store sales growth of 3.7% in the fourth quarter, its 22nd consecutive quarter of growth, and system-wide sales of $6.09 billion in 2025. Management highlighted portfolio streamlining, debt reduction that brought the pro forma net leverage ratio to 3.3x Adjusted EBITDA, and an objective of achieving 3.0x by year-end 2026. Driven Brands completed a broad restatement of 2023–2024 results for lease, cash, accounts payable, accounts receivable, expense classification, and other adjustments and is enhancing internal controls over financial reporting.
Driven Brands Holdings Inc. executive Rebecca Fondell, SVP & Chief Accounting Officer, reported a routine tax-related share disposition. On May 9, 2026, the issuer automatically withheld 2,863 shares of common stock at $13.41 per share to cover her tax obligations from vesting restricted stock units. After this withholding, she directly holds 26,204 shares of Driven Brands common stock. This event reflects compensation-related tax settlement rather than an open-market stock sale.
Driven Brands Holdings Inc. director and Chief Executive Officer Daniel R. Rivera reported a routine tax-related share withholding. On May 9, 2026, the company automatically withheld 7,731 shares of Common Stock at $13.41 per share to satisfy his tax obligation from vesting restricted stock units. Following this withholding, Rivera directly holds 605,105 shares of Driven Brands common stock. This was an automatic tax-withholding disposition under the applicable restricted stock award agreement, not an open-market sale.