STOCK TITAN

Driven Brands (NASDAQ: DRVN) CFO awarded 66,794 restricted stock units in equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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Insider Diamond Michael Fisher
Role EVP & Chief Financial Officer
Type Security Shares Price Value
Grant/Award Common Stock 66,794 $0.00 --
Holdings After Transaction: Common Stock — 231,961 shares (Direct, null)
Footnotes (1)
  1. 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. Includes shares purchased pursuant to the Company's Employee Stock Purchase Plan .
RSU grant size 66,794 shares Restricted stock units of Common Stock granted to CFO
Holdings after transaction 231,961 shares Total Common Stock directly held after the grant
Vesting installment dates March 11, 2027/2028/2029 Three equal vesting dates for the RSUs
restricted stock units financial
"Consists of restricted stock units ("RSU"), which represent a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Consists of restricted stock units ("RSU"), which represent a contingent right"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Employee Stock Purchase Plan financial
"Includes shares purchased pursuant to the Company's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Diamond Michael Fisher

(Last)(First)(Middle)
440 SOUTH CHURCH STREET, SUITE 700
SUITE 700

(Street)
CHARLOTTE NORTH CAROLINA 28202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Driven Brands Holdings Inc. [ DRVN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/29/2026A66,794(1)A$0231,961(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. Includes shares purchased pursuant to the Company's Employee Stock Purchase Plan .
Remarks:
/s/ Scott O'Melia, Attorney-In-Fact07/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did DRVN’s CFO report in this Form 4 filing?

Driven Brands’ CFO Michael Fisher reported receiving 66,794 restricted stock units. These represent future shares of Common Stock granted as equity compensation and do not involve any cash purchase in this transaction.

How many DRVN shares does the CFO hold after this RSU grant?

After the grant, Michael Fisher directly holds 231,961 shares of Driven Brands Common Stock. This total includes both the newly granted restricted stock units and shares previously acquired, including those under the Employee Stock Purchase Plan.

What is the vesting schedule for the 66,794 DRVN restricted stock units?

The 66,794 restricted stock units vest in three equal installments. They are scheduled to vest on March 11, 2027, March 11, 2028, and March 11, 2029, provided Michael Fisher remains in continuous service through each vesting date.

Did the DRVN CFO buy these shares on the open market?

No, the CFO did not buy these shares on the open market. The filing describes them as a grant of restricted stock units, awarded as compensation at no cash cost per share to Michael Fisher.

What does it mean that DRVN granted restricted stock units to the CFO?

The grant of restricted stock units gives the CFO a contingent right to receive one share of Common Stock per unit. Actual shares are delivered only as the units vest over time, aligning compensation with ongoing service to the company.

What role does the Employee Stock Purchase Plan play in the CFO’s DRVN holdings?

The filing notes that the CFO’s total share count includes shares purchased through the Employee Stock Purchase Plan. This plan allows eligible employees to buy company stock, adding to his overall ownership in Driven Brands.