Driven Brands (DRVN) CFO Diamond Sells 17,285 Shares (Tax Withholding)

What Happened
Diamond (CFO) recorded a disposition of 17,285 Driven Brands (DRVN) shares on 2026-08-07 at a reported price of $13.33 per share, totaling $230,409. The transaction is a company-authorized withholding to satisfy the reporting person's tax obligation arising from the vesting of restricted stock units (RSUs).

Key Details

• Transaction date and price: 2026-08-07, 17,285 shares @ $13.33 each (total $230,409).
• Transaction type: Code F — automatic tax withholding (not an open-market sale).
• Footnote: Withholding authorized by the restricted stock award agreement to cover taxes on RSUs granted August 7, 2024.
• Filing: Report filed with the SEC on 2026-08-10 for the 2026-08-07 transaction. (Filing timeliness not flagged in the provided record.)
• Shares owned after transaction: Not specified in the provided filing summary.

Context
This was a routine corporate withholding to satisfy tax obligations when RSUs vested, commonly reported as a disposition on Form 4. Such withholdings are standard and do not necessarily indicate the insider is selling additional shares or signaling a view on the company’s prospects.