Halligan Catherine Ann 4

What Happened
Catherine Ann Halligan, a director of Driven Brands Holdings Inc. (DRVN), was granted 12,595 restricted stock units (RSUs) on 2026-06-29. The grant was reported at a $0.00 acquisition price (no cash paid at grant). The RSUs represent a contingent right to receive one share of common stock per RSU and have no immediate cash value until they vest.

Key Details

• Transaction date: 2026-06-29; Form 4 filed: 2026-07-01.
• Transaction type/code: Award/Grant (A).
• Amount granted: 12,595 RSUs; grant price reported as $0.00 (total consideration $0).
• Vesting: RSUs vest in full on March 11, 2027, contingent on continuous service (see footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Timeliness: Filed 2026-07-01; Form 4s are typically due within two business days of the transaction.

Context
RSUs are a form of compensation, not an open-market purchase or sale; they convert to actual shares only if and when they vest. Such grants are common as part of director or executive compensation and do not by themselves signal buying or selling intent in the market.