Form 4: Bloomin' Brands Executive Patrick Hafner Reports Sale of Common Stock
SEC Form 4 Filing
EVP Patrick Hafner of Bloomin' Brands, Inc. reports the sale of 9,555 shares of common stock at an average price of $8.32.
Summary
- On March 4, 2025, Patrick M. Hafner, EVP and President of Outback Steakhouse at Bloomin' Brands, Inc., sold 9,555 shares of common stock.
- The sale was executed at a weighted-average price of $8.32 per share.
- The price range for the transactions was between $8.30 and $8.32.
- Following the transaction, Hafner directly owns 0 shares of Bloomin' Brands, Inc.
Sentiment
Score: 5
Explanation: This is a routine disclosure of an executive stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Executive stock sales are a common occurrence and can be for various reasons, including diversification, tax planning, or personal financial needs. It's important to consider the overall context of insider transactions when evaluating a company's prospects.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of stock sale transaction |
| 03/06/2025 | Date of report signature |
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