Driven Brands CLO awarded 57,252 restricted stock units
O'Melia Scott L. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
O'Melia Scott L. reported acquisition or exercise transactions in this Form 4 filing.
Driven Brands Holdings Inc. reported that Chief Legal Officer O'Melia Scott L. received a grant of 57,252 shares of Common Stock in the form of restricted stock units. These RSUs vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029, contingent on continued service. Following this award, the reporting person's direct holdings total 375,415 shares of Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 57,252 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
RSU financial
vest financial
continuous service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Driven Brands (DRVN) disclose for O'Melia Scott L.?
When do the newly granted RSUs at Driven Brands vest for the Chief Legal Officer?
Did the Driven Brands insider pay for the 57,252 RSUs reported in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.