Form 4: Driven Brands Holdings Inc. Executive Acquires Restricted Stock Units

Scott L. O'Melia, Chief Legal Officer of Driven Brands Holdings Inc., reports acquisition of restricted stock units convertible to common stock.

Summary

• On March 13, 2025, Scott L. O'Melia, the Chief Legal Officer of Driven Brands Holdings Inc., acquired 26,577 restricted stock units (RSUs).
• These RSUs represent a contingent right to receive one share of Common Stock for each RSU.
• The RSUs will vest in three equal installments on March 13, 2026, March 13, 2027, and March 13, 2028, provided O'Melia remains in continuous service on each vesting date.
• Following the transaction, O'Melia beneficially owns 374,976 shares of Driven Brands Holdings Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock ownership changes, with no inherent positive or negative sentiment.

Future Outlook

The vesting of the RSUs is contingent upon the Reporting Person's continued service with the company.

Industry Context

This is a standard SEC Form 4 filing, reflecting a change in beneficial ownership by a company insider, which is common practice in publicly traded companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment as it aligns executive interests with company performance.

Key Dates