MOHAN RAJENDRA M 4

What Happened Mohan Rajendra, a director and chairman of Bloomin' Brands (BLMN), had 30,574 derivative units converted into shares and those shares were disposed (sold or transferred) on April 22, 2026. On the same date he was also granted 38,637 restricted stock units (RSUs). All reported transactions show a $0.00 per-share transaction price (total reported value $0), consistent with RSU vesting/settlement rather than an open-market cash purchase.

Key Details

• Transaction date(s): April 22, 2026; Form 4 filed April 24, 2026 (not reported late).
• Reported transactions:
  • M (exercise/conversion): 30,574 shares acquired @ $0.00 (then the same 30,574 shares disposed @ $0.00).
  • A (award/grant): 38,637 RSUs granted @ $0.00 (derivative).
• Footnotes:
  • F1: Each RSU represents the right to receive one share upon vesting.
  • F4: The 30,574 RSUs had fully vested immediately prior to the issuer's 2026 annual meeting (these were converted and disposed on 4/22/2026).
  • F2: The 38,637 RSUs will fully vest immediately prior to the issuer's 2027 annual meeting.
  • F3: Not applicable.
• Shares owned after the transaction: not specified in the filing.

Context

• The filing reports conversion/settlement of vested RSUs (derivative conversion) and an immediate disposal of the converted shares the same day; the document does not state the reason for the disposal. Such same-day conversion-and-disposal activity is common when awards vest and shares are settled and transferred or sold, but the filing provides no motive or use of proceeds.
• Transaction codes: A = Award/Grant (RSUs); M = Exercise/conversion of a derivative (settlement of vested RSUs).