STOCK TITAN

Karen Stroup granted 12,595 RSUs at Driven Brands (NASDAQ: DRVN)

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

Rhea-AI Filing Summary

Stroup Karen B. reported acquisition or exercise transactions in this Form 4 filing.

Driven Brands Holdings Inc. director Karen B. Stroup received an equity grant of 12,595 restricted stock units, each representing one share of Common Stock. These RSUs vest in full on March 11, 2027, subject to her continuous service, bringing her reported direct holdings to 44,937 shares.

Positive

  • None.

Negative

  • None.
Insider Stroup Karen B.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 12,595 $0.00 --
Holdings After Transaction: Common Stock — 44,937 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 12,595 units Restricted stock units granted to Karen B. Stroup
Grant price $0.0000 per share Stated transaction price for RSU award
Holdings after grant 44,937 shares Total direct Common Stock holdings following transaction
Vesting date March 11, 2027 RSUs vest in full if continuous service is maintained
restricted stock units ("RSU") financial
"Consists of restricted stock units ("RSU"), which represent a contingent right to receive one share of Common Stock"
contingent right financial
"which represent a contingent right to receive one share of Common Stock for each RSU"
vest in full financial
"and will vest in full on March 11, 2027, provided the Reporting Person remains in continuous service"
continuous service financial
"provided the Reporting Person remains in continuous service on such vesting date"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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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*
Stroup Karen B.

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
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 Stock06/29/2026A12,595(1)A$044,937D
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 full on March 11, 2027, provided the Reporting Person remains in continuous service on such 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 did Driven Brands (DRVN) director Karen B. Stroup report on this Form 4?

Karen B. Stroup reported receiving 12,595 restricted stock units, each equal to one share of Driven Brands Common Stock. The award was granted at no cash cost and is reflected as a grant or other acquisition rather than an open-market purchase.

How many Driven Brands (DRVN) shares does Karen B. Stroup hold after this grant?

After the restricted stock unit award, Karen B. Stroup is reported as directly holding 44,937 shares of Driven Brands Common Stock. This total includes the newly granted RSUs, which convert into shares once they vest according to the award terms.

When do Karen B. Stroup’s new Driven Brands (DRVN) RSUs vest?

The 12,595 restricted stock units granted to Karen B. Stroup vest in full on March 11, 2027. Vesting requires that she remain in continuous service with Driven Brands through that date, according to the award’s stated conditions in the filing footnote.

Is Karen B. Stroup’s Form 4 transaction a market purchase of DRVN stock?

No, the filing shows a grant of restricted stock units, not an open-market purchase. The RSUs were acquired at a stated price of $0.0000 per share, reflecting a compensation-related equity award rather than a transaction executed on the public market.

What does the $0.0000 price on Karen B. Stroup’s DRVN Form 4 mean?

The $0.0000 transaction price indicates the RSU award did not require cash payment from Karen B. Stroup. Instead, it is an equity-based compensation grant that, when vested, delivers shares of Driven Brands Common Stock without an exercise price.