BLMN SVP Philip J. Pace Withholds 6,054 Shares for Taxes

What Happened

• Philip J. Pace, Senior Vice President and Chief Accounting Officer of Bloomin' Brands (BLMN), had 6,054 shares withheld to satisfy tax withholding obligations related to the September 2, 2026 vesting of restricted stock units. The withholding was recorded at $9.93 per share, totaling approximately $60,116. This transaction is a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-09-02 at $9.93 per share.
• Shares withheld/disposed: 6,054 shares; total value ≈ $60,116.
• Securities beneficially owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: This is an amended Form 4/A filed to correct the number of shares withheld after the original settlement was canceled and reprocessed to reflect the reporting person's standing tax withholding election (F1).
• Filing type: Amended Form 4; timing of the original Form 4 filing is not provided in the excerpt.

Context

• Withholding shares to cover taxes on vested RSUs is a routine, administrative disposition and is commonly reported as a "tax withholding" rather than an intentional sale. Such transactions typically do not signal the insider's view of the company's prospects.