Bloomin' Brands SVP Philip Pace Sells 1,276 Shares (Tax Withholding)

What Happened
Philip J. Pace, SVP and Chief Accounting Officer of Bloomin' Brands (BLMN), had 1,276 shares disposed to satisfy tax withholding tied to the September 3, 2026 vesting of restricted stock units. The shares were withheld at $9.73 per share, a total value of approximately $12,415. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-03; price per share: $9.73; total value: ~$12,415.
• Nature of transaction: share withholding to cover tax liability on vested RSUs (code F).
• Filing: Amended Form 4 (corrects the number of shares withheld; original settlement was cancelled and reprocessed to reflect the reporting person's standing tax withholding election).
• Securities Beneficially Owned after the transaction: corrected in the amended filing (specific total not provided here).
• Timeliness: amendment only to correct withholding; no indication here of a late/self-timed trade filing beyond the amendment.

Context
Share withholding for taxes is a routine administrative step when RSUs vest and does not necessarily indicate insider buying or selling for investment reasons. The small cash value (~$12.4k) suggests this was a routine tax-related disposition rather than a signal about company outlook.