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[Form 4] Driven Brands Holdings Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Driven Brands Holdings Inc. filed a Form 4 reporting an automatic share withholding to cover taxes from a restricted stock unit vesting. On 11/07/2025, the issuer withheld 10,655 shares of common stock at $13.85 per share, coded “F.”

The reporting person is the company’s EVP, Chief Operating Officer. Following the transaction, the officer beneficially owns 166,457 shares, held directly. The withholding relates to RSUs granted on November 7, 2023, as authorized by the award agreement.

Positive
  • None.
Negative
  • None.
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
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 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2025
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 11/07/2025 11/07/2025 F(1) 10,655 D $13.85 166,457 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 November 7, 2023. This is authorized in the applicable restricted stock award agreement.
Remarks:
/s/ Scott O'Melia, Attorney-In-Fact 11/12/2025
** 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.
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.

FAQ

What did DRVN report in this Form 4 filing?

The company reported an automatic withholding of 10,655 shares to satisfy the officer’s tax obligation from an RSU vesting, coded “F.”

Who is the insider in this DRVN Form 4?

The reporting person is an officer: EVP, Chief Operating Officer.

When did the DRVN transaction occur and at what price?

The transaction date was 11/07/2025 at a price of $13.85 per share.

How many DRVN shares does the officer own after the transaction?

After the withholding, the officer beneficially owns 166,457 shares, held directly.

Was this an open-market sale of DRVN shares?

No. The code “F” indicates issuer withholding of shares to cover taxes upon RSU vesting.

What award did the withholding relate to at DRVN?

It relates to restricted stock units granted on November 7, 2023, authorized in the award agreement.
Driven Brands Holdings Inc.

NASDAQ:DRVN

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2.24B
59.20M
2.3%
104.09%
4.88%
Auto & Truck Dealerships
Services-automotive Repair, Services & Parking
Link
United States
CHARLOTTE