Driven Brands director shares withheld for RSU taxes
Driven Brands Holdings Inc. director Jonathan G. Fitzpatrick reported two automatic share dispositions related to tax withholding on vested restricted stock units.
Rhea-AI Filing Summary
Driven Brands Holdings Inc. director Jonathan G. Fitzpatrick reported two automatic share dispositions related to tax withholding on vested restricted stock units. On February 27, 2026, the issuer withheld 10,779 shares of common stock at $11.00 per share. On February 28, 2026, the issuer withheld an additional 4,738 shares at $11.00 per share. After these tax-withholding transactions, Fitzpatrick directly owned 2,263,936 shares of Driven Brands common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,738 | $11.00 | $52K |
| Exercise Price or Tax Liability | Common Stock | 10,779 | $11.00 | $119K |
Footnotes (2)
- F1. 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.
- F2. 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.
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