O'Melia Scott L. 4

What Happened

• Scott L. O'Melia, Chief Legal Officer of Driven Brands Holdings Inc. (DRVN), sold 46,875 shares in an open-market transaction on January 21, 2026. The shares were sold at $16.00 each, for a total transaction value of $750,000. This was a sale (transaction code S), which is typically a liquidity event rather than a bullish purchase signal.

Key Details

• Transaction date: 2026-01-21
• Price per share: $16.00
• Shares sold: 46,875
• Total value: $750,000
• Filing date with SEC: 2026-01-23 (appears to be filed promptly)
• Shares owned after transaction: not specified in the provided filing summary
• Footnotes/plans disclosed: no 10b5-1 plan, tax withholding, or other footnotes were indicated in the provided data

Context

• Insider sales are common and can reflect personal liquidity needs, tax planning, or routine diversification; they are generally less informative than insider purchases about management's view of the company's prospects. This filing shows a straightforward open-market sale with no special conditions disclosed.