Lal Rohit 4
Research Summary
AI-generated summary
Bloomin' Brands Director Lal Rohit Buys 10,000 Shares
What Happened
Lal Rohit, a director of Bloomin' Brands, Inc. (BLMN), purchased 10,000 shares on 2026-03-11 at $5.69 per share, for a total transaction value of $56,900. The transaction is reported as a purchase (code P) on a Form 4 filed 2026-03-12.
Key Details
- Transaction date: 2026-03-11
- Filing date (Form 4): 2026-03-12 (accession 0001901836-26-000002) — timely filing
- Shares purchased: 10,000 at $5.69 per share
- Total value: $56,900
- Transaction code: P = Purchase (filing notes open market or private purchase)
- Shares owned following transaction: Not disclosed in the provided filing excerpt
- Footnotes/plans: No 10b5-1 plan, tax withholding, or other special footnotes indicated in the provided data
Context
This was a straightforward insider purchase — purchases can be more informative than routine sales but do not, by themselves, explain the insider's motives. The purchase amount ($56,900) is modest in absolute terms; investors may want to watch for additional filings or patterns of insider buying/selling for fuller context.