Form 4: Bloomin' Brands Executive Suzann Trevisan Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Chief Human Resources Officer Suzann Trevisan reports the vesting and subsequent tax withholding of Bloomin' Brands stock units.

Summary

  • On October 3, 2024, Suzann Trevisan, Chief Human Resources Officer of Bloomin' Brands, Inc., reported transactions involving Bloomin' Brands common stock.
  • Trevisan vested 10,887 restricted stock units (RSUs) that were originally granted on October 3, 2022, and vest in three equal annual installments, with a final vesting in 2025.
  • The vesting of these RSUs resulted in the acquisition of 10,887 shares of common stock.
  • 2,651 shares were withheld by the issuer to cover applicable withholding taxes at a price of $15.95 per share.
  • Following these transactions, Trevisan directly owns 17,105 shares of Bloomin' Brands common stock and 10,887 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates

DateDescription
10/03/2022Original grant date of 32,661 restricted stock units vesting in three equal annual installments.
10/03/2024Vesting of 10,887 restricted stock units and tax withholding of 2,651 shares.
10/04/2024Date of signature for the Form 4 filing.

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