Driven Brands (DRVN) CEO logs automatic tax-withheld share disposals

Rhea-AI Filing Summary

Driven Brands Holdings Inc. director and Chief Executive Officer Daniel R. Rivera reported two tax-withholding dispositions of common stock related to vesting restricted stock units. On February 27, 2026, 4,045 shares were withheld at $11.00 per share, and on February 28, 2026, 1,810 shares were withheld at $11.00 per share. These shares were automatically withheld by the issuer to cover Mr. Rivera’s tax obligations under the applicable restricted stock unit award agreements, rather than sold in open-market transactions. After these transactions, Mr. Rivera directly owned 612,836 shares of Driven Brands common stock.

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

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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^*

Rivera Daniel R.

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		F(1)		4,045	D	$11	614,646	D
Common Stock	02/28/2026		F(2)		1,810	D	$11	612,836	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. Represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation associated with the vesting of restricted stock units granted on February 27, 2024. This is authorized in the applicable restricted stock award agreement.

2. Represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation associated with the vesting of restricted stock units granted on February 28, 2023. This is authorized in the applicable restricted stock award agreement.

Remarks:

	/s/ Scott O'Melia, Attorney-In-Fact	03/03/2026
	** 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.
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FAQ

What insider transactions did Driven Brands (DRVN) report for Daniel R. Rivera?

Driven Brands reported two tax-withholding dispositions for CEO Daniel R. Rivera. A total of 5,855 common shares were automatically withheld by the company to cover tax obligations arising from restricted stock unit vesting, rather than sold in open-market trades.

How many Driven Brands shares were withheld for Daniel R. Rivera’s taxes?

A total of 5,855 Driven Brands common shares were withheld for Daniel R. Rivera’s taxes. This included 4,045 shares on February 27, 2026 and 1,810 shares on February 28, 2026, both tied to vesting restricted stock units.

At what price were Daniel R. Rivera’s DRVN tax-withholding dispositions recorded?

Both tax-withholding dispositions for Daniel R. Rivera were recorded at $11.00 per Driven Brands share. This price was used to determine the number of shares the issuer automatically withheld to satisfy the executive’s tax obligations upon restricted stock unit vesting.

How many Driven Brands shares does Daniel R. Rivera own after these transactions?

After the reported tax-withholding dispositions, Daniel R. Rivera directly owned 612,836 Driven Brands common shares. This figure reflects his holdings following the automatic share withholding used to cover tax liabilities from restricted stock unit vesting events.

Were Daniel R. Rivera’s Driven Brands transactions open-market sales?

The disclosed transactions were not open-market sales. They were automatic tax-withholding dispositions, where Driven Brands withheld shares from vesting restricted stock units to pay Daniel R. Rivera’s tax obligations, as authorized under the applicable restricted stock award agreements.