Keating Colleen 4
Research Summary
AI-generated summary
Bloomin' Brands (BLMN) Director Colleen Keating Receives RSU Award
What Happened
Colleen Keating, a director of Bloomin' Brands (BLMN), received a grant of 23,485 restricted stock units (RSUs) and had 5,592 RSUs that fully vested and were converted to shares on April 22, 2026. All transactions are reported at a $0.00 per-share price (total $0), with the filing showing the 5,592 converted units as both acquired and disposed on the same date.
Key Details
- Transaction date: April 22, 2026; filing date: April 24, 2026 (file appears timely).
- Reported prices/values: $0.00 per share; reported total value $0 for each reported transaction.
- Grants and vesting: 23,485 RSUs granted (will fully vest immediately prior to the 2027 annual meeting — F2). 5,592 RSUs fully vested and converted prior to the 2026 annual meeting (F4).
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Footnotes: F1 explains each RSU converts to one share upon vesting; F2/F4 describe vesting timing for the respective RSU amounts.
- No open-market purchase or sale proceeds reported; the 5,592 units were reported as converted and then disposed the same day (no sale price or proceeds disclosed).
Context
RSUs are a form of equity compensation that convert to shares upon vesting. The 23,485-unit award is a forward-looking grant that vests next year; the 5,592 units that vested in 2026 converted to shares and were reported as disposed the same day in the Form 4. The filing does not report cash proceeds or a sale price for the disposed shares, so the disposition could reflect a transfer or net settlement related to the vesting (the filing itself does not specify the reason). This filing records awards and conversions rather than a cash purchase or an open-market sale.