Welcome to our dedicated page for Driven Brands Holdings SEC filings (Ticker: DRVN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Driven Brands Holdings Inc. filings document the regulatory record for a Delaware automotive services company whose common stock trades on the Nasdaq Global Select Market under DRVN. Recent disclosures include Form 8-K reports on expected operating results, segment reporting, delayed financial reporting, non-reliance on previously issued financial statements and related restatement matters.
The company’s SEC filings also cover Form 12b-25 late-filing notices for periodic reports, amendments and waivers under credit agreements and base indentures involving its subsidiaries, and formal updates tied to financial-statement deliverables. These records frame Driven Brands’ capital structure, reporting controls, governance oversight and material-event disclosures.
Driven Brands Holdings Inc. Chief Legal Officer Scott L. O'Melia reported two tax-withholding dispositions of common stock related to vesting restricted stock units. On February 27, 4,072 shares were withheld at $11.00 per share, and on February 28, 1,383 shares were withheld at $11.00 per share to cover tax obligations. After these automatic withholdings authorized under the award agreements, O'Melia directly owned 321,489 common shares.
Driven Brands Holdings Inc. executive Khalid Muhammad, EVP and Chief Operating Officer, reported automatic tax-related share withholdings tied to restricted stock unit vesting. On February 27, he disposed of 3,432 shares of common stock at $11 per share through a tax-withholding disposition, leaving 163,025 shares directly held. On February 28, an additional 1,187 shares were withheld at $11 per share for taxes, leaving him with 161,838 directly owned shares. Footnotes explain that these transactions represent issuer-withheld shares to satisfy tax obligations on RSUs granted on February 28, 2023 and February 27, 2024, rather than open-market sales.
Driven Brands Holdings Inc. director Jonathan G. Fitzpatrick reported two automatic share dispositions related to tax withholding on vested restricted stock units. On February 27, 2026, the issuer withheld 10,779 shares of common stock at $11.00 per share. On February 28, 2026, the issuer withheld an additional 4,738 shares at $11.00 per share. After these tax-withholding transactions, Fitzpatrick directly owned 2,263,936 shares of Driven Brands common stock.
Driven Brands Holdings Inc. notified the SEC that it needs more time to file its Form 10-K for the year ended December 27, 2025 because it determined on February 23, 2026 that it must restate previously issued consolidated financial statements for the fiscal years ended December 28, 2024 and December 30, 2023 and related interim periods.
Management identified material weaknesses in internal control over financial reporting and concluded its disclosure controls and procedures were not effective as of December 27, 2025. The company is completing a review, cannot reliably estimate the quantitative impact, and is working to file the Form 10-K as soon as practicable.
Driven Brands Holdings Inc. has postponed releasing its financial results for the fourth quarter and full year ended December 27, 2025. The company had previously planned to publish these results before the market opened on February 25, 2026 and hold a conference call at 8:30 a.m. ET.
The delay applies both to the earnings release and the associated conference call and is described as being "in connection with" matters discussed in a separate report filed under Item 4.02 on the same date. No updated timetable or revised details are provided in this filing.
Driven Brands Holdings Inc. disclosed that investors should no longer rely on its previously issued financial statements for fiscal years 2023 and 2024, as well as quarterly results through September 27, 2025, due to material errors that will require a restatement.
The company identified problems in lease accounting, cash reconciliations that affected cash balances, revenue and selling, general and administrative expense, expense classifications within operating expenses, and other issues including income taxes, supply and other revenue, fixed assets, cloud computing and misclassified balance sheet and income statement items, plus inappropriately recognized revenue in its ATI business.
Management concluded there are material weaknesses in internal control over financial reporting and disclosure controls as of December 27, 2025 and is taking steps to remediate them. Driven Brands plans to file a Form 12b-25 to extend the deadline for its 2025 Form 10-K by fifteen days and may identify additional material errors as its review continues.
Driven Brands Holdings Inc. filed a current report describing a change in how it presents its business segments. On February 9, 2026, the company issued a press release providing additional information and recasted financial information based on updated segment reporting, which becomes effective for the fourth quarter of fiscal 2025.
This means prior results are being reorganized to match the new segment structure so investors can compare performance consistently once the new reporting takes effect.
Driven Brands Holdings Inc. has completed the divestiture of its international car wash business. On January 27, 2026, the company sold all of the outstanding equity interests in IMO Car Wash Group Limited and 5.01% of the equity interests in IMO Autopflege GmbH for aggregate consideration of approximately €411 million.
The cash proceeds, after transaction expenses and estimated taxes, will be used primarily to pay down debt. Driven Brands also issued a press release on January 27, 2026 announcing the closing of this transaction.
Driven Brands Holdings Inc. Chief Legal Officer O'Melia Scott L. reported selling 46,875 shares of common stock on January 21, 2026 at a price of $16 per share. After this sale, the reporting person beneficially owned 326,944 shares of Driven Brands common stock in direct ownership form.
An affiliate of Driven Brands Holdings Inc. (DRVN) has filed a notice of proposed sale of restricted securities under Rule 144. The filing covers the planned sale of 46,875 shares of common stock through UBS Financial Services, Inc. on the Nasdaq exchange, with an indicated aggregate market value of 750000.00.
The shares were originally acquired on 01/14/2021 as pre-IPO profit interests that converted into DRVN common shares from the issuer. The sale is expected to occur on or around 01/21/2026. The filing notes that there were 164,454,218 shares of the issuer’s common stock outstanding, providing a baseline for the size of this proposed sale.