Driven Brands CFO reports tax share withholding
Driven Brands Holdings Inc. executive vice president and chief financial officer Diamond Michael Fisher reported a tax-related share withholding.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,048 | $10.34 | $42K |
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 March 13, 2025. This is authorized in the applicable restricted stock award agreement.
FAQ
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What insider transaction did Driven Brands (DRVN) report for its CFO?
What does transaction code F mean in the Driven Brands Form 4?
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