Driven Brands CFO granted 66,794 RSUs
Driven Brands Holdings Inc. reported that EVP & Chief Financial Officer Michael Fisher received an award of 66,794 shares of Common Stock in the form of restricted stock units.
Rhea-AI Filing Summary
Driven Brands Holdings Inc. reported that EVP & Chief Financial Officer Michael Fisher received an award of 66,794 shares of Common Stock in the form of restricted stock units. These RSUs were granted at no cash cost to him and are part of his equity compensation.
The RSUs will vest in three equal installments on March 11, 2027, March 11, 2028, and March 11, 2029, as long as he remains in continuous service through each vesting date. After this grant, Fisher directly holds 231,961 shares of Common Stock, which includes shares acquired through the company’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 66,794 | $0.00 | $0.00 |
Footnotes (2)
- F1. Consists of restricted stock units ("RSU"), which represent a contingent right to receive one share of Common Stock for each RSU, and will vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029, provided the Reporting Person remains in continuous service on each vesting date.
- F2. Includes shares purchased pursuant to the Company's Employee Stock Purchase Plan .
Key Figures
Key Terms
restricted stock units financial
RSU financial
Employee Stock Purchase Plan financial
FAQ
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What did DRVN’s CFO report in this Form 4 filing?
What is the vesting schedule for the 66,794 DRVN restricted stock units?
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What role does the Employee Stock Purchase Plan play in the CFO’s DRVN holdings?
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