Form 4: Driven Brands Holdings Inc. CEO Jonathan G. Fitzpatrick Reports Tax-Related Stock Transaction
SEC Form 4 Filing
CEO Jonathan G. Fitzpatrick of Driven Brands Holdings Inc. reports the automatic withholding of 6,042 common stock shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 22, 2025, Jonathan G. Fitzpatrick, CEO of Driven Brands Holdings Inc., had 6,042 shares of common stock withheld to cover tax obligations.
- The withholding was related to the vesting of restricted stock units granted on March 22, 2022.
- The price per share for the transaction was $17.41.
- Following the transaction, Fitzpatrick directly owns 2,452,826 shares of Driven Brands Holdings Inc.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/22/2022 | Date of grant for the restricted stock units. |
| 03/22/2025 | Date of the stock withholding transaction. |
| 03/25/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Driven Brands Holdings Inc., Jonathan G. Fitzpatrick, Chief Executive Officer, Stock withholding, Tax obligation, Restricted stock units, Beneficial ownership
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