Form 4: Bloomin' Brands Executive Mark Graff Reports Stock Transactions
SEC Form 4 Filing
Mark Graff, EVP and President of Bonefish Grill at Bloomin' Brands, reported the vesting of restricted stock units and subsequent tax withholding.
Summary
- On June 1, 2024, Mark Graff, an executive at Bloomin' Brands, reported transactions involving common stock and restricted stock units (RSUs).
- Graff acquired 2,500 shares of common stock upon the vesting of RSUs.
- 609 shares were withheld by the issuer to cover withholding taxes related to the RSU vesting at a price of $21.8 per share.
- Following these transactions, Graff directly owns 34,612 shares of Bloomin' Brands common stock.
- The RSUs were originally granted on June 1, 2021, and vest in three equal annual installments, with the final vesting occurring in 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 06/01/2021 | Date the RSUs were originally granted. |
| 06/01/2024 | Date of the reported transactions (vesting of RSUs and tax withholding). |
| 06/04/2024 | Date of the form filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.