Harmon Damien 4

What Happened
Damien Harmon, a director of Driven Brands Holdings Inc. (DRVN), received an award of 12,595 restricted stock units (RSUs) on 2026-06-29. The filing reports an acquisition price of $0 for the award (transaction code A); the RSUs represent a contingent right to one share each and will vest in full on March 11, 2027, subject to continued service. The $0 reporting reflects the grant itself — the economic value to Harmon will depend on DRVN’s share price at vesting.

Key Details

• Transaction date and type: 2026-06-29 — Award/Grant (Code A) of 12,595 RSUs at $0.00 reported acquisition price.
• Vesting: RSUs vest in full on March 11, 2027, provided continuous service (see footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Report filed 2026-07-01 for a 2026-06-29 transaction — appears to be filed on time.
• Footnote: F1 states these are RSUs that convert to one share per RSU at vesting, contingent on continued service.

Context
RSU grants are common executive/director compensation and are typically retention- or performance-related. This award does not involve an immediate purchase or sale of shares (no cash changed hands at grant); the eventual value to the insider will depend on DRVN’s stock price and satisfaction of the vesting condition. Such grants are informative about compensation but do not alone indicate the insider’s market view.