STOCK TITAN

Driven Brands (DRVN) COO receives 54,866 RSUs vesting from 2027 to 2029

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

Rhea-AI Filing Summary

Khalid Muhammad reported acquisition or exercise transactions in this Form 4 filing.

Driven Brands Holdings Inc. reported that EVP and Chief Operating Officer Khalid Muhammad received a grant of 54,866 shares of Common Stock in the form of restricted stock units as equity compensation. These RSUs carry no purchase price and increase his direct holdings to 199,220 shares.

The RSUs will vest in three equal installments on March 11, 2027, March 11, 2028, and March 11, 2029, as long as he remains in continuous service through each vesting date. This is a compensation-related, non-market transaction rather than an open-market share purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Khalid Muhammad
Role EVP, Chief Operating Officer
Type Security Shares Price Value
Grant/Award Common Stock 54,866 $0.00 --
Holdings After Transaction: Common Stock — 199,220 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 54,866 shares Restricted stock units granted on June 29, 2026
Total shares after grant 199,220 shares Direct holdings following the reported transaction
Grant price per share $0.00 per share Equity award with no purchase cost to the executive
Vesting schedule 3 equal installments Vests on March 11, 2027, 2028, and 2029
restricted stock units financial
"Consists of restricted stock units ("RSU"), which represent a contingent right to receive one share of Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Consists of restricted stock units ("RSU"), which represent a contingent right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
continuous service financial
"will vest in three equal installments ... provided the Reporting Person remains in continuous service on each vesting date"
vesting financial
"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.
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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*
Khalid Muhammad

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Operating 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 Stock06/29/2026A54,866(1)A$0199,220D
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 Khalid Muhammad?

Driven Brands reported that EVP and COO Khalid Muhammad received 54,866 restricted stock units. These units represent a stock-based compensation award rather than an open-market purchase and increase his direct holdings to 199,220 shares of the company’s Common Stock after the grant.

Is the Driven Brands (DRVN) Khalid Muhammad Form 4 a stock grant or a stock sale?

The Form 4 shows a stock grant, not a sale. Khalid Muhammad acquired 54,866 restricted stock units at no cost as part of his compensation, with no open-market buying or selling reported in this specific insider transaction filing.

When do Khalid Muhammad’s 54,866 RSUs at Driven Brands (DRVN) vest?

The 54,866 restricted stock units vest in three equal installments. The units are scheduled to vest on March 11, 2027, March 11, 2028, and March 11, 2029, provided Khalid Muhammad continues in service through each applicable vesting date.

How many Driven Brands (DRVN) shares does Khalid Muhammad hold after this Form 4?

After the reported RSU grant, Khalid Muhammad directly holds 199,220 shares of Driven Brands Common Stock. This total includes the newly awarded 54,866 restricted stock units, which will convert into shares only as they vest over the specified future dates.

What are restricted stock units (RSUs) in the Driven Brands (DRVN) filing?

Restricted stock units in this filing are a promise to deliver one share of Driven Brands Common Stock per unit. They are subject to vesting conditions, meaning Khalid Muhammad receives actual shares only as the RSUs vest over the 2027 to 2029 period.