Bloomin' Brands SVP Philip J. Pace Receives RSU Shares

What Happened

• Philip J. Pace, SVP and Chief Accounting Officer of Bloomin' Brands (BLMN), had 15,385 restricted stock units (RSUs vest) on September 2, 2026. The RSUs converted into 15,385 shares (reported as an exercise/conversion of a derivative, code M at $0.00). To satisfy withholding tax, 3,747 of those shares were withheld by the issuer (code F) at a reported withholding value of $9.93 per share (total $37,208). Net shares received by Pace: 11,638.

Key Details

• Transaction date: 2026-09-02; Form 4 filed 2026-09-04 (appears timely).
• RSU conversion: 15,385 shares acquired at $0.00 (code M).
• Tax withholding: 3,747 shares withheld at $9.93/share = $37,208 (code F).
• Net shares issued to insider: 11,638 (15,385 - 3,747).
• Footnotes: RSUs were originally granted 9/2/2025 and vested 9/2/2026; each RSU equals one share; shares were withheld to cover tax withholding.
• Shares owned after the transaction are not specified in the filing.

Context

• This was a routine RSU vesting and issuer share-withholding to cover tax obligations (common practice), not an open-market buy or sell. The filing shows conversion of the derivative RSU to stock (M) and share withholding for taxes (F); the withholding reduces the net shares the insider actually received.