JOHNSON TIMOTHY A 4

What Happened
Timothy A. Johnson, a director of Driven Brands Holdings Inc. (DRVN), was granted 12,595 restricted stock units (RSUs) on June 29, 2026. The award was reported as an "A" (award/grant) transaction at $0.00 per unit, with a reported total value of $0 on the Form 4. These RSUs are a contingent right to receive one share of common stock for each RSU and do not represent immediate ownership of shares.

Key Details

• Transaction date: 2026-06-29; transaction code: A (award/grant).
• Quantity: 12,595 RSUs; reported price: $0.00; reported aggregate value: $0.
• Vesting: Units vest in full on March 11, 2027, subject to the reporting person remaining in continuous service (per footnote). Upon vesting each RSU converts 1:1 into a share of common stock.
• Shares owned after transaction: Not disclosed in this filing.
• Filing timeliness: Reported on 2026-07-01 (appears timely under Form 4 reporting rules).

Context
RSU grants are standard compensation for executives and directors; they do not involve an immediate cash purchase or sale and only convert into actual shares upon vesting (here, 2027-03-11 if service continues). Because this is an award rather than a market purchase or sale, it generally reflects compensation policy rather than an immediate insider market sentiment signal.