Daniel R. Rivera - 27 Feb 2025 Form 4 Insider Report for Driven Brands Holdings Inc. (DRVN)

Role
Chief Operating Officer
Signature
/s/ Scott O'Melia, Attorney in Fact
Issuer symbol
DRVN
Transactions as of
27 Feb 2025
Net transactions value
-$78,889
Form type
4
Filing time
03 Mar 2025, 19:29:38 UTC
Previous filing
26 Mar 2024
Next filing
07 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRVN Common Stock Tax liability $50,508 -3,112 -0.57% $16.23 543,248 27 Feb 2025 Direct F1
transaction DRVN Common Stock Tax liability $28,381 -1,619 -0.3% $17.53 541,629 28 Feb 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation associated with the vesting of restricted stock units granted on February 27, 2024. This is authorized in the applicable restricted stock award agreement.
F2 Represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation associated with the vesting of restricted stock units granted on February 28, 2023. This is authorized in the applicable restricted stock award agreement.