STOCK TITAN

Driven Brands (DRVN) awards SVP 12,213 time-vested RSUs

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

Rhea-AI Filing Summary

Driven Brands Holdings Inc. reported that SVP & Chief Accounting Officer Rebecca Fondell acquired 12,213 shares of Common Stock through a grant of restricted stock units as executive compensation. These units were granted at no cash cost and increase her direct holdings to 38,417 shares.

The RSUs each represent a right to receive one share of Common Stock and will vest in three equal installments on March 11, 2027, March 11, 2028, and March 11, 2029, if she remains in continuous service through each vesting date.

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Insider Fondell Rebecca
Role SVP & Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Common Stock 12,213 $0.00 --
Holdings After Transaction: Common Stock — 38,417 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 12,213 units Restricted stock unit award to SVP & Chief Accounting Officer
Grant price $0.00 per share Equity compensation, no cash paid for RSU grant
Holdings after grant 38,417 shares Total direct holdings following RSU award
Vesting dates March 11, 2027/2028/2029 Three equal RSU vesting installments contingent on service
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.
vest financial
"and will vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"which represent a contingent right to receive one share of Common Stock for each RSU"
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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*
Fondell Rebecca

(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)
SVP & Chief Accounting 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 Stock06/29/2026A12,213(1)A$038,417D
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 Rebecca Fondell?

Driven Brands reported an equity grant to Rebecca Fondell. She received 12,213 restricted stock units representing future shares of Common Stock as part of her executive compensation, rather than buying shares in the open market. The award increases her direct holdings to 38,417 shares.

How many restricted stock units did DRVN grant to its SVP & Chief Accounting Officer?

Rebecca Fondell received 12,213 restricted stock units from Driven Brands. Each unit represents a contingent right to one share of Common Stock, granted at no cash cost, and subject to future vesting conditions tied to her continued service with the company.

What is the vesting schedule for Rebecca Fondell’s DRVN restricted stock units?

The 12,213 restricted stock units vest in three equal installments. They are scheduled to vest on March 11, 2027, March 11, 2028, and March 11, 2029, provided Rebecca Fondell remains in continuous service with Driven Brands on each respective vesting date.

Did Rebecca Fondell buy Driven Brands (DRVN) shares on the open market?

She did not buy shares on the open market. The Form 4 shows a grant of 12,213 restricted stock units at a price of $0.00 per share, reflecting a compensation award rather than a purchase, with future vesting based on continued employment.

What are Rebecca Fondell’s total DRVN holdings after this Form 4 transaction?

After the grant, Rebecca Fondell directly holds 38,417 shares of Driven Brands Common Stock. This figure includes the newly awarded restricted stock units, which will convert into shares over time as they vest according to the disclosed schedule.