Form 4: Driven Brands Holdings CEO Acquires and Disposes of Shares

Daniel R. Rivera, CEO of Driven Brands Holdings Inc., reports acquiring and disposing of common stock and restricted stock units.

Summary

• On May 9, 2025, Daniel R. Rivera, the CEO of Driven Brands Holdings Inc., engaged in transactions involving the company's common stock.
• Rivera acquired 71,692 shares of common stock.
• Rivera also disposed of 618,691 shares of common stock.
• Following these transactions, Rivera beneficially owns 618,691 shares.
• The reported transactions include restricted stock units (RSUs) that vest in three equal installments on the first three anniversaries of the grant date, contingent upon continuous service.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The vesting of restricted stock units is contingent upon the Reporting Person remaining in continuous service on each vesting date.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the CEO's holdings and potential incentives.

Key Dates

Keywords

Driven Brands Holdings Inc., Daniel R. Rivera, DRVN, Form 4, SEC, Common Stock, Restricted Stock Units, RSU, Beneficial Ownership, Insider Trading