SCHEDULE: FMR LLC Discloses 5% Stake in Driven Brands Holdings

FMR LLC, along with Abigail P. Johnson, has reported beneficial ownership of 5.0% of Driven Brands Holdings Inc. common stock as of March 31, 2026.

Summary

• FMR LLC and Abigail P. Johnson have filed a Schedule 13G, indicating their beneficial ownership of Driven Brands Holdings Inc. common stock.
• As of March 31, 2026, the total number of shares beneficially owned is 8,235,287.88.
• This ownership represents 5.0% of the class of securities.
• FMR LLC holds sole voting power for 8,233,669.00 shares and sole dispositive power for 8,235,287.88 shares.
• Abigail P. Johnson is identified as a Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC.
• The filing indicates that other persons may have the right to receive or direct the receipt of dividends or proceeds from the sale of these securities, but no single other person's interest exceeds five percent.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it solely reports on ownership and does not provide performance data or strategic updates for Driven Brands Holdings Inc.

Positives

• Significant institutional ownership by FMR LLC, a well-established financial services firm.
• Clear disclosure of beneficial ownership, providing transparency to the market.

Negatives

• The filing does not contain operational or financial performance data for Driven Brands Holdings Inc., only ownership information.

Risks

• Potential for future changes in ownership stake by FMR LLC, which could impact share price.
• The concentration of voting power within the Johnson family group concerning FMR LLC could influence investment decisions.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Driven Brands Holdings Inc.'s future performance.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC indicates a significant institutional investor's stake in the automotive aftermarket services sector, specifically within Driven Brands Holdings Inc. Such filings are common for large asset managers and provide insight into ownership structures.

Stakeholder Impact

• Shareholders: Increased transparency regarding a significant institutional investor's holdings in the company.
• Management of Driven Brands Holdings Inc.: Awareness of substantial ownership by FMR LLC and its potential influence.
• Other Investors: Information to consider when evaluating the company's ownership structure and potential market activity.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to report any changes in their beneficial ownership of Driven Brands Holdings Inc. common stock as required by SEC regulations.

Key Dates

Keywords

Driven Brands Holdings, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing