FMR LLC discloses 5.0% stake in Driven Brands (NASDAQ: DRVN)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
DRIVEN BRANDS HOLDINGS INC reports that FMR LLC beneficially owned 8,235,287.88 shares of common stock, representing 5.0% of the class as of 03/31/2026. The filing states sole voting power of 8,233,669 and sole dispositive power of 8,235,287.88.
The Schedule 13G also lists Abigail P. Johnson as having shared dispositive disclosure and references Exhibit 99 and an incorporated power of attorney executed April 13, 2026.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 8,235,287.88 shares
Percent of class: 5.0%
Sole voting power: 8,233,669
+3 more
6 metrics
Beneficial ownership
8,235,287.88 shares
Amount beneficially owned as reported
Percent of class
5.0%
Percent of common stock reported
Sole voting power
8,233,669
Sole power to vote reported on cover
Sole dispositive power
8,235,287.88
Sole power to dispose reported
Reporting date
03/31/2026
Date tied to the ownership amount
CUSIP
26210V102
Identifier for Driven Brands common stock
Key Terms
Schedule 13G, Beneficial ownership, Sole dispositive power, Exhibit 99
4 terms
Schedule 13G regulatory
"Item 1. (a) Name of issuer: DRIVEN BRANDS HOLDINGS INC"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficial ownership financial
"Item 4. Ownership (a) Amount beneficially owned: 8235287.88"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole dispositive power financial
"Item 4. (iii) Sole power to dispose: 8235287.88"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Exhibit 99 regulatory
"See attached Exhibit 99 for 13d-1(k)(1) agreement."
FAQ
What stake does FMR LLC report in DRVN?
FMR LLC reports beneficial ownership of 8,235,287.88 shares, equal to 5.0% of the class as of 03/31/2026. The Schedule 13G discloses voting and dispositive power figures and identifies affiliated persons in the cover responses.
What filing date or reporting period is used for the DRVN disclosure?
The reporting period is stated as 03/31/2026 on the Schedule 13G cover. Signature blocks show execution dates of 05/05/2026 and reference a power of attorney effective April 13, 2026.
Are there exhibits or attachments referenced in the DRVN Schedule 13G?
Yes. The Schedule 13G references Exhibit 99 for a 13d-1(k)(1) agreement and incorporates a power of attorney by reference to an earlier exhibit filed by FMR LLC.