8-K - Bloomin' Brands, Inc. | StockGist

AI Analysis

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Bloomin' Brands, Inc. approved a special retention grant of performance stock units with a target grant date fair value of $2,000,000 to CEO Michael Spanos on February 10, 2026. The units vest on the three-year anniversary of the February 27, 2026 grant date based on comparable sales and Adjusted EBITDA metrics, with continued vesting protections upon termination without cause subject to noncompetition covenants.

Key Takeaways

1Compensation Committee approved retention grant for CEO Michael Spanos on February 10, 2026

2Performance stock units with target fair value of $2,000,000

3Grant date February 27, 2026; vests on three-year anniversary

4Vesting based on comparable sales and Adjusted EBITDA metrics

5Payout ranges from 1% to 200% of target

6Continued vesting on termination without cause if noncompetition covenants met

Current Report Details

Event Type

Management Change

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On February 10

Management Change

$2.0M

9.01

Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNA

Exhibits Only

Executive & Director Changes

Michael Spanos

Chief Executive Officer

Retention Grant

Effective: 2026-02-10

Exhibits (1)

8-K

FORM 8-K