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.
Jonathan G. Fitzpatrick, a director of Driven Brands Holdings Inc. (DRVN), reported two open-market stock sales in September 2025. On 09/12/2025 he sold 75,000 shares at a weighted-average price of $18.27 (individual trade prices ranged $18.15–$18.54), leaving him with 2,389,453 shares. On 09/15/2025 he sold 110,000 shares at a weighted-average price of $18.05 (range $17.82–$18.35), leaving him with 2,279,453 shares after that transaction. The Form 4 includes undertakings to provide transaction-level detail on request and is signed by an attorney-in-fact for the reporting person.
Khalid Muhammad, Executive Vice President and Chief Operating Officer of Driven Brands Holdings Inc. (DRVN), filed an initial Form 3 disclosing direct ownership of multiple classes of Common Stock and restricted stock units. The filing lists 25,804 shares of Common Stock held directly and additional RSU-based holdings of 2,481, 56,818, 13,827, 19,237, and 58,945 that vest on specified future anniversaries or on February 28, 2026, subject to continued service.
Driven Brands Holdings Inc. elected Muhammad Khalid as Executive Vice President and Chief Operating Officer effective August 25, 2025. Mr. Khalid, 44, currently serves as Executive Vice President and President of Take 5 (since February 2023) and previously held leadership roles at Great Wolf Resorts, Meineke (including a prior COO role at Driven Brands), Starwood Hotels & Resorts, Burger King, Deutsche Bank and J.P. Morgan Chase. His compensation package includes an annual base salary of $575,000, eligibility for an annual performance-based cash bonus with a 100% target of base salary, and eligibility for annual equity grants (RSUs and PSUs) with a 250% target of base salary under the Company’s 2021 Omnibus Incentive Plan. The filing states there are no related-party arrangements or family relationships requiring disclosure, and a press release announcing the appointment is furnished with the report.
Driven Brands Holdings Inc. (DRVN) disclosed a routine insider tax-withholding related to restricted stock units held by Chief Financial Officer Diamond Michael Fisher. On 08/07/2025 the issuer automatically withheld 11,419 shares to satisfy the reporting person's tax obligation for RSUs granted on 08/07/2024, with an indicated price of $16.62 per share.
Following the withholding the reporting person beneficially owned 155,794 shares directly. The filing states the withholding was authorized by the restricted stock award agreement and was reported via attorney-in-fact; it documents an administrative compensation settlement rather than an open-market sale.
Driven Brands (DRVN) Q2-25 10-Q highlights: Net revenue rose 6.2% YoY to $551 million, driven by 10% growth in Company-operated Take 5 sales and a 19% lift in Independently-operated Car Wash sales. However, SG&A jumped 53% to $183 million, shrinking operating income 58% to $38 million and cutting continuing-ops EPS to $0.07 (vs $0.22).
Strategic actions: On 10 Apr 2025 DRVN closed the $385 million sale of its U.S. Car Wash business ( $252 m cash + $130 m seller note) recording a $37.4 m after-tax gain. Proceeds repaid $268 m of term debt; total debt fell 12% to $2.41 b and leverage improved. New reportable segments are Take 5, Franchise Brands and Car Wash (international), which generated Q2 Adjusted EBITDA of $108 m, $45 m and $27 m, respectively.
Liquidity & cash flow: 6-month operating cash flow climbed 45% to $156 million while free cash flow benefited from $268 million asset-sale proceeds. Cash on hand reached $166 million with $180 million drawn on the revolver. Current portion of long-term debt is $282 million.
Key items: foreign-currency gain $12 million, unrealized $17 million loss on seller note, cloud-computing amortization $7 million, share-based comp $11 million. Effective tax rate 37.7%. Pending securities and derivative litigation remains unresolved. No dividend declared.
Driven Brands Holdings Inc. (DRVN) filed a Form 8-K on August 5, 2025 to furnish, under Item 2.02, a press release announcing financial results for the quarter ended June 28, 2025. The actual performance metrics are not included in the body of the filing; they are contained in Exhibit 99.1, which is incorporated by reference. Management specifies that the information is being "furnished" rather than "filed," limiting Exchange Act liability. The company also provided Exhibit 104 with Inline XBRL tags for the cover page. The document was signed by EVP & Chief Legal Officer Scott O’Melia.