STOCK TITAN

Driven Brands (DRVN) CEO awarded 122,137 restricted stock units

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

Rhea-AI Filing Summary

Rivera Daniel R. reported acquisition or exercise transactions in this Form 4 filing.

Driven Brands Holdings Inc. reported that Chief Executive Officer Daniel R. Rivera received a grant of 122,137 shares of Common Stock in the form of restricted stock units as compensation. The award was granted at no cash cost per share and increases his direct holdings to 727,242 shares.

The restricted stock units each represent a right to receive one share of Common Stock and will vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029, if he remains in continuous service on each vesting date.

Positive

  • None.

Negative

  • None.
Insider Rivera Daniel R.
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Common Stock 122,137 $0.00 --
Holdings After Transaction: Common Stock — 727,242 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 122,137 shares Restricted stock units granted to CEO on June 29, 2026
Grant price per share $0.0000 per share Equity compensation award, not a market purchase
Total holdings after grant 727,242 shares CEO direct ownership following the RSU award
First vesting date March 11, 2027 First of three equal RSU vesting installments
Second vesting date March 11, 2028 Second of three equal RSU vesting installments
Final vesting date March 11, 2029 Final RSU vesting installment, contingent on service
restricted stock units ("RSU") financial
"Consists of restricted stock units ("RSU"), which represent a contingent right to receive one share of Common Stock"
contingent right financial
"which represent a contingent right to receive one share of Common Stock for each RSU"
vesting financial
"and will vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Rivera Daniel R.

(Last)(First)(Middle)
440 SOUTH CHURCH STREET, 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive 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 Stock06/29/2026A122,137(1)A$0727,242D
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.
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 insider transaction did Driven Brands (DRVN) report for Daniel R. Rivera?

Driven Brands reported that CEO Daniel R. Rivera received a grant of 122,137 restricted stock units. These units are a form of equity compensation and each represents a right to receive one share of Common Stock if vesting conditions are met.

How many Driven Brands (DRVN) shares does Daniel R. Rivera hold after this grant?

After the grant, Daniel R. Rivera holds 727,242 shares of Driven Brands Common Stock directly. This total includes the newly granted restricted stock units, which settle into shares only as they vest over the stated schedule.

What are the vesting terms of Daniel R. Rivera’s new Driven Brands (DRVN) RSU award?

The restricted stock units vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029. Vesting requires that Daniel R. Rivera remain in continuous service with the company on each of those vesting dates.

Did Daniel R. Rivera pay cash for the new Driven Brands (DRVN) shares?

No cash payment was made for this award because it was granted at a price of $0.0000 per share. The transaction reflects an equity compensation grant, not an open-market purchase of Driven Brands stock.

Is the Driven Brands (DRVN) Form 4 transaction a stock purchase or a compensation grant?

The Form 4 shows a compensation grant, not a market purchase. The transaction is coded as an acquisition through grant or award of restricted stock units, which convert into shares of Common Stock only as they vest over time.