MAHONEY JOHN 4
Research Summary
AI-generated summary
Bloomin' Brands (BLMN) Director John Mahoney Exercises RSUs, Receives Grant
What Happened
- John Mahoney, a director of Bloomin' Brands (BLMN), had 19,746 restricted stock units (RSUs) convert into shares on 2026-04-22 (transaction code M) and the filing also shows a matching disposition of 19,746 derivative shares at $0.00. On the same date he was granted 23,485 RSUs (transaction code A) that are reported as derivative awards. All reported transactions show a $0.00 per-share price (no cash paid or received in the filing).
Key Details
- Transaction date: 2026-04-22. Prices reported: $0.00 per share for the conversions/disposition and the grant. Report filed: 2026-04-24 (timely filing).
- Shares involved: 19,746 RSUs converted/settled (acquired and also listed as disposed) and a new grant of 23,485 RSUs. Total reported value in the filing: $0.
- Shares owned after the transaction: not specified in the provided filing details.
- Relevant footnotes:
- F1: RSU = contingent right to receive one share upon vesting.
- F4: The 19,746 RSUs were part of an original grant that "fully vested immediately prior to" the issuer's 2026 annual meeting.
- F2: The 23,485 RSUs are part of an original grant that will fully vest immediately prior to the issuer's 2027 annual meeting.
- Filing timeliness: filed two days after the transaction date (appears timely; no late-filing flag present).
Context
- These are RSU-based transactions (derivative awards), not open-market purchases or sales of existing shares. The conversion entries indicate vesting/settlement of RSUs into shares; the filing also records an equal disposal for the same amount, though the form does not state the reason for that disposal. (Disposals reported in conjunction with RSU settlement are often used to satisfy tax withholding, but the filing does not specify the cause.)