Form 4: Bloomin' Brands Executive Receives Stock Options

Mark E. Graff, EVP and President of Bonefish Grill, was granted 17,912 restricted stock units (RSUs) of Bloomin' Brands, Inc. on May 1, 2024.

Summary

• Mark E. Graff, an executive at Bloomin' Brands, Inc., received 17,912 restricted stock units (RSUs) on May 1, 2024.
• These RSUs represent the contingent right to receive one share of Bloomin' Brands common stock upon vesting.
• The RSUs vest in three equal annual installments, with the final vesting occurring in 2027.
• Following this transaction, Mr. Graff directly owns 17,912 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The grant of RSUs is a standard practice and indicates confidence in the executive's ability to contribute to the company's success.

Positives

• The grant of RSUs aligns Mr. Graff's interests with those of Bloomin' Brands shareholders, incentivizing him to contribute to the company's long-term success.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

Granting stock options and RSUs is a common practice in the restaurant industry to attract, retain, and incentivize key executives.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns executive compensation with company performance.
• Employees may see the grant as a sign of the company's commitment to its leadership team.

Key Dates