Form 4: Bloomin' Brands Executive Mark Graff Reports Stock Transactions

Mark Graff, EVP and President of Bonefish Grill at Bloomin' Brands, reported the vesting of restricted stock units and subsequent withholding of shares for tax obligations.

Summary

• On May 1, 2025, Mark Graff, EVP and President of Bonefish Grill at Bloomin' Brands, reported transactions involving Bloomin' Brands common stock.
• Graff vested 5,972 restricted stock units (RSUs) which converted into common stock.
• The vesting of these RSUs was part of an original grant of 17,914 RSUs made on May 1, 2024, which vest in three equal annual installments, with a final vesting in 2027.
• 1,455 shares were withheld by the issuer to cover applicable withholding taxes due upon the vesting of the RSUs at a price of $8 per share.
• Following these transactions, Graff directly owns 48,287 shares of Bloomin' Brands common stock and 11,942 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, so it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and mandated by the SEC to ensure transparency and prevent insider trading.

Comparison to Industry Standards

• Executive compensation packages often include stock options and restricted stock units to align management's interests with those of shareholders.
• The vesting schedule of these RSUs (three equal annual installments) is a fairly standard practice.
• Companies like Darden Restaurants (DRI) and Texas Roadhouse (TXRH) also utilize similar equity-based compensation for their executives.

Stakeholder Impact

• The transactions have a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.
• The filing provides transparency regarding executive compensation, which can influence investor sentiment.

Key Dates

Keywords

Form 4, Bloomin' Brands, BLMN, Mark Graff, Restricted Stock Units, RSU, Vesting, Insider Trading, Executive Compensation, Stock Withholding, Beneficial Ownership