Driven Brands (DRVN) Form 4: 10,655 shares withheld at $13.85
Driven Brands Holdings Inc. filed a Form 4 reporting an automatic share withholding to cover taxes from a restricted stock unit vesting.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,655 | $13.85 | $148K |
Footnotes (1)
- 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 November 7, 2023. This is authorized in the applicable restricted stock award agreement.
FAQ
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What did DRVN report in this Form 4 filing?
Who is the insider in this DRVN Form 4?
When did the DRVN transaction occur and at what price?
What award did the withholding relate to at DRVN?
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