Diamond Michael Fisher 4
Research Summary
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Driven Brands (DRVN) CFO Michael Fisher Receives 66,794 RSU Award
What Happened Michael Fisher, Chief Financial Officer of Driven Brands Holdings, received a grant of 66,794 restricted stock units (RSUs) on June 29, 2026. The RSUs were awarded at $0.00 (no cash purchase) and represent a contingent right to one share of common stock per RSU; no immediate shares changed hands. The grant is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-29; 66,794 RSUs @ $0.00 (award, code A)
- Vesting: RSUs vest in three equal installments on Mar 11, 2027; Mar 11, 2028; and Mar 11, 2029, contingent on continued service (footnote F1)
- Shares owned after transaction: Not specified in this filing
- Other footnote: F2 notes inclusion of shares purchased under the Company's Employee Stock Purchase Plan for holdings disclosure (where applicable)
- Filing timeliness: Report filed 2026-07-01 for a 2026-06-29 transaction; not flagged as late in the filing
Context RSUs are a form of equity compensation that convert into actual shares only if and when they vest; they do not represent immediate selling or buying pressure. This award reflects compensation granted to the CFO and should be viewed as routine executive equity compensation rather than a direct market-confidence signal.