Form 4: Bloomin' Brands Director Lal Rohit Acquires Additional Shares Due to Dividend Reinvestment Error
SEC Form 4 Filing
Director Lal Rohit of Bloomin' Brands, Inc. acquired additional shares of common stock due to an administrative error in dividend reinvestment.
Summary
- On March 25, 2025, Bloomin' Brands, Inc. Director Lal Rohit acquired 257.085 shares of common stock at a price of $8.179 per share.
- The acquisition was a result of an administrative error that caused automatic dividend reinvestment purchases, which have since been discontinued.
- Following the transaction, Lal Rohit directly owns 14,275.085 shares of Bloomin' Brands, Inc. common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction due to an administrative error, with no significant positive or negative implications.
Industry Context
This is a routine disclosure of insider trading activity. It is not indicative of any broader trend in the restaurant industry.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of transaction: Lal Rohit acquired shares of common stock. |
| 03/27/2025 | Date of signature by Kelly Lefferts, Attorney in Fact. |
Keywords
Bloomin' Brands, Director, Lal Rohit, Share Acquisition, Dividend Reinvestment, BLMN, SEC Form 4
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