Michael Fisher Diamond, Executive Vice President and Chief Financial Officer of Driven Brands Holdings Inc., filed a statement of changes in beneficial ownership on August 10, 2026, reporting a disposition of common stock on August 7, 2026.

Key Highlights

  • Reporting person: Michael Fisher Diamond, EVP and Chief Financial Officer of Driven Brands Holdings Inc. (NASDAQ: DRVN)
  • Transaction date: August 7, 2026, involving common stock of Driven Brands Holdings Inc.
  • Shares disposed: 17,285 shares of common stock withheld at a price of $13.33 per share
  • Transaction code F: The disposal was an automatic withholding by the issuer to satisfy the reporting person's tax obligation associated with the vesting of restricted stock units
  • RSU grant date: The underlying restricted stock units were originally granted on August 7, 2024
  • Remaining ownership: Following the transaction, Fisher directly beneficially owned 214,676 shares of common stock

Driven Brands CFO's RSU Vesting Triggers Automatic Tax Withholding

According to the filing, Michael Fisher Diamond, who serves as EVP and Chief Financial Officer of Driven Brands Holdings Inc., reported a single transaction in Table I covering non-derivative securities. On August 7, 2026, 17,285 shares of Driven Brands common stock were disposed of at $13.33 per share under transaction code F. The filing's footnote explains that the transaction "represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation associated with the vesting of restricted stock units granted on August 7, 2024," and notes this is "authorized in the applicable restricted stock award agreement."

Driven Brands Holdings Inc., which trades on NASDAQ under the ticker DRVN, is identified in the filing as the issuer. Fisher's disposition was recorded as a direct ownership transaction. Following the reported withholding, the filing states that Fisher directly beneficially owned 214,676 shares of Driven Brands common stock. No derivative securities transactions were reported in Table II of the filing. The statement was signed by Scott O'Melia as Attorney-in-Fact on August 10, 2026.

What Was Disclosed

The filing disclosed that Driven Brands CFO Michael Fisher Diamond had 17,285 shares of common stock withheld at $13.33 per share on August 7, 2026, for tax purposes tied to RSU vesting, leaving him with direct beneficial ownership of 214,676 shares.