Driven Brands director reports two open-market sales totaling 185,000 DRVN shares

Rhea-AI Filing Summary

Jonathan G. Fitzpatrick, a director of Driven Brands Holdings Inc. (DRVN), reported two open-market stock sales in September 2025. On 09/12/2025 he sold 75,000 shares at a weighted-average price of $18.27 (individual trade prices ranged $18.15–$18.54), leaving him with 2,389,453 shares. On 09/15/2025 he sold 110,000 shares at a weighted-average price of $18.05 (range $17.82–$18.35), leaving him with 2,279,453 shares after that transaction. The Form 4 includes undertakings to provide transaction-level detail on request and is signed by an attorney-in-fact for the reporting person.

Positive

• Reporting compliance: The director disclosed the open-market sales on Form 4 and offered to provide transaction-level detail on request

Negative

• Insider selling: The reporting person sold a total of 185,000 shares in two transactions (75,000 and 110,000 shares), reducing holdings from 2,464,453 to 2,279,453 shares

Insights

Financial Analyst

TL;DR: Director executed two non-derivative open-market sales totaling 185,000 shares for proceeds near $3.34 million.

The transactions are outright sales of common stock in the open market on 09/12/2025 and 09/15/2025. The filing reports weighted-average sale prices of $18.27 and $18.05 respectively; the footnotes disclose price ranges for the individual trades. From a capital-markets perspective, the Form 4 documents insider liquidity rather than option exercises or derivative hedging. The reporting person retains multi-million-share ownership after the sales, and the filer offers to disclose per-trade quantities on request, which supports transparency.

Corporate Governance Expert

TL;DR: Director complied with Section 16 reporting by disclosing multiple open-market sales and providing follow-up transparency commitments.

The Form 4 shows timely disclosure of two separate sales and includes explanatory footnotes about weighted-average pricing and price ranges. The signature by an attorney-in-fact indicates the reporting process was handled by a designated agent. These filings fulfill statutory reporting duties; they do not by themselves indicate changes in board composition, control, or compensatory arrangements.

SEC Form 4

FORM 4

UNITED 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).

1. Name and Address of Reporting Person^*

Fitzpatrick Jonathan G.

(Last) (First) (Middle)

440 SOUTH CHURCH STREET, SUITE 700

(Street)

CHARLOTTE NC 28202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Driven Brands Holdings Inc. [ DRVN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/12/2025		S		75,000	D	$18.27(1)	2,389,453	D
Common Stock	09/15/2025		S		110,000	D	$18.05(2)	2,279,453	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported is the weighted average price. These shares were sold in multiple transactions in the open market at prices ranging from $18.15 to $18.54, inclusive. The reporting person undertakes to provide to Driven Brands Holdings Inc., any security holder of Driven Brands Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

2. The price reported is the weighted average price. These shares were sold in multiple transactions in the open market at prices ranging from $17.82 to $18.35, inclusive. The reporting person undertakes to provide to Driven Brands Holdings Inc., any security holder of Driven Brands Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.

Remarks:

	/s/ Scott O'Melia, Attorney-In-Fact	09/16/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transactions did Jonathan G. Fitzpatrick report on the Form 4 for DRVN?

The Form 4 reports two open-market sales: 75,000 shares on 09/12/2025 at a weighted-average price of $18.27, and 110,000 shares on 09/15/2025 at $18.05.

How many Driven Brands (DRVN) shares did the director own after the reported sales?

Following the 09/12/2025 sale the filing lists 2,389,453 shares; after the 09/15/2025 sale it lists 2,279,453 shares.

What price ranges were disclosed for the sales reported on this Form 4?

Footnote (1) shows individual trades ranged from $18.15 to $18.54; footnote (2) shows a range of $17.82 to $18.35. The form reports weighted-average prices of $18.27 and $18.05.

Did the Form 4 indicate any derivative transactions or option exercises?

No. Table II for derivative securities contains no reported transactions; only non-derivative common stock sales are reported in Table I.

Who signed the Form 4 and what does that imply?

The form is signed by Scott O'Melia, Attorney-In-Fact, indicating the filing was executed by an authorized agent on behalf of the reporting person.