Tax withholding trims Driven Brands (DRVN) CFO share position

Rhea-AI Filing Summary

Driven Brands Holdings Inc. executive vice president and chief financial officer Diamond Michael Fisher reported a tax-related share withholding. On March 13, 2026, the issuer automatically withheld 4,048 shares of common stock at $10.34 per share to cover taxes on vesting restricted stock units granted on March 13, 2025. After this withholding, Fisher directly holds 163,165 shares of Driven Brands common stock. This transaction reflects a compensation-related tax payment mechanism rather than an open-market sale.

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

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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^*

Diamond Michael Fisher

(Last) (First) (Middle)

440 SOUTH CHURCH STREET, SUITE 700

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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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	03/13/2026		F(1)		4,048	D	$10.34	163,165	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 March 13, 2025. This is authorized in the applicable restricted stock award agreement.

Remarks:

	/s/ Scott O'Melia, Attorney-In-Fact	03/17/2026
	** 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).
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FAQ

What insider transaction did Driven Brands (DRVN) report for its CFO?

Driven Brands reported an automatic tax-related share withholding for CFO Diamond Michael Fisher. On March 13, 2026, 4,048 common shares were withheld to satisfy tax obligations tied to vesting restricted stock units originally granted on March 13, 2025.

How many Driven Brands shares were withheld for the CFO’s taxes?

The issuer withheld 4,048 Driven Brands common shares for CFO Diamond Michael Fisher’s tax obligations. The withholding price was $10.34 per share and was triggered by the vesting of previously granted restricted stock units under his equity compensation award.

Did the Driven Brands CFO sell shares on the open market in this Form 4?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The issuer automatically withheld 4,048 shares to cover taxes when restricted stock units vested, as permitted by the applicable restricted stock award agreement.

How many Driven Brands shares does the CFO hold after this tax withholding?

After the tax withholding transaction, CFO Diamond Michael Fisher directly holds 163,165 shares of Driven Brands common stock. This figure reflects his position following the 4,048-share withholding to satisfy tax obligations on vesting restricted stock units.

What does transaction code F mean in the Driven Brands Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, Driven Brands withheld 4,048 common shares from CFO Diamond Michael Fisher to satisfy tax obligations related to the vesting of restricted stock units.

Are the tax-withheld shares in the Driven Brands Form 4 part of an equity award vesting?

Yes, the withheld shares are tied to an equity award vesting. The footnote explains that the 4,048 withheld shares offset the CFO’s tax obligation from restricted stock units granted on March 13, 2025 that vested, as authorized in the award agreement.