Driven Brands (DRVN) Chief Legal Officer Scott L. O'Melia Sells 28,892 Shares

What Happened
Scott L. O'Melia, Chief Legal Officer of Driven Brands (DRVN), had 28,892 shares withheld/disposed on August 21, 2026 to satisfy tax obligations associated with vesting restricted stock units. The withholding was at $13.17 per share, totaling approximately $380,508. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: August 21, 2026 — 28,892 shares at $13.17 per share. Total value ~ $380,508.
• Transaction type: Tax withholding / net share settlement to satisfy tax liability (SEC code F).
• Footnote: Withholding authorized under the restricted stock award agreement for RSUs granted on August 23, 2024.
• Filed with SEC: Form 4 filed August 24, 2026 (transaction dated Aug 21, 2026). The filing does not indicate a late-report flag.
• Shares owned after transaction: Not specified in the Form 4 filing.

Context
This was a routine net-share settlement to cover taxes on vested RSUs (common for executives) rather than a discretionary market sale. Such tax-withholding dispositions are administrative and do not necessarily signal the insider's view of the company's prospects. Purchases or open-market sales generally carry more informational weight for investors.