Driven Brands Holdings Inc.·4

Jul 1, 6:43 PM ET

Fondell Rebecca 4

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Driven Brands (DRVN) SVP Rebecca Fondell Receives RSU Award

What Happened Rebecca Fondell, SVP & Chief Accounting Officer of Driven Brands Holdings, was granted 12,213 restricted stock units (RSUs) on June 29, 2026. The award has an acquisition price of $0 (transaction code A) and represents a contingent right to receive one share of common stock per RSU upon vesting.

Key Details

  • Transaction date: 2026-06-29 (reported on Form 4 filed 2026-07-01) — filing appears timely.
  • Grant: 12,213 RSUs; acquisition price reported as $0.
  • Vesting: RSUs vest in three equal installments on March 11, 2027; March 11, 2028; and March 11, 2029 (see footnote).
  • Shares owned after transaction: Not disclosed in the filing.
  • Transaction type: Award/grant (non-cash compensation), not an open-market purchase or sale.

Context RSUs are a form of compensation that convert to shares upon meeting vesting conditions (here, continued service through each vesting date). Such grants are common as executive compensation and do not by themselves indicate an intent to buy or sell shares in the open market.