Driven Brands director acquires 12,595 RSUs
JOHNSON TIMOTHY A reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
JOHNSON TIMOTHY A reported acquisition or exercise transactions in this Form 4 filing.
Driven Brands Holdings Inc. director Timothy A. Johnson received an equity grant in the form of restricted stock units. The award covers 12,595 RSUs, each representing a contingent right to receive one share of Common Stock. These RSUs will vest in full on March 11, 2027, provided he remains in continuous service through that date. Following this grant, his reported direct holdings total 12,595 shares-equivalent.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,595 | $0.00 | $0.00 |
Footnotes (1)
- 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 full on March 11, 2027, provided the Reporting Person remains in continuous service on such vesting date.
Key Figures
Key Terms
restricted stock units ("RSU") financial
contingent right financial
continuous service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Driven Brands (DRVN) report for Timothy A. Johnson?
How many restricted stock units were granted to the Driven Brands (DRVN) director?
When do Timothy A. Johnson’s RSUs at Driven Brands (DRVN) vest?
What are the key conditions attached to the Driven Brands (DRVN) RSU grant?
What is Timothy A. Johnson’s reported Driven Brands (DRVN) holding after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.