Form 4: Bloomin' Brands Executive Suzann Trevisan Reports Changes in Beneficial Ownership After RSU Vesting and Termination

Suzann Trevisan, Chief Human Resources Officer of Bloomin' Brands, reports changes in beneficial ownership due to the vesting of restricted stock units and shares withheld for tax obligations following her termination as an officer.

Summary

• On March 14, 2025, Suzann Trevisan, Chief Human Resources Officer of Bloomin' Brands, reported changes in her beneficial ownership of the company's stock.
• These changes are due to the vesting of 9,721 restricted stock units (RSUs) and the subsequent withholding of 2,368 shares to cover applicable withholding taxes.
• The RSUs were originally granted on September 3, 2024, and were scheduled to vest over a two-year period.
• However, the non-vested RSU awards were accelerated effective March 14, 2025, immediately prior to Ms. Trevisan's termination as an officer of the issuer.
• Following these transactions, Ms. Trevisan directly owns 27,705 shares of Bloomin' Brands common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but the executive's termination could be viewed neutrally or with slight concern depending on the context.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The vesting of RSUs and subsequent tax withholding are common events, especially around executive departures.

Management Changes

Stakeholder Impact

• Shareholders may be interested in executive compensation and ownership changes.
• Employees may be affected by the change in leadership in the Human Resources department.

Key Dates