{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-163051","form_type":"8-K/A","ticker":"DRVN","cik":"0001804745","company_name":"Driven Brands Holdings Inc.","filed_at":"2023-06-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.677316+00:00","generated_at":"2026-06-14T05:10:39.234268+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Driven Brands discloses CFO Tiffany Mason separation agreement; $550K severance, equity adjustments","bullets":["Severance cash payment of $550,000 paid over 12 months; termination without cause effective May 4, 2023.","Accelerated vesting of 37,615 performance-based RSAs, 86,493 performance-based top-up options, 1,299 time-based RSAs, and 11,269 time-based top-up options.","Continued vesting eligibility for 56,990 RSAs and 131,049 top-up options until May 4, 2025, subject to performance criteria.","All other unvested equity cancelled, including retention options, RSUs, and PSUs.","Agreement includes 12-month lock-up, reaffirms confidentiality, non-compete, non-solicitation, and cooperation covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-163051","json":"https://secwatch.observer/filing/0001193125-23-163051.json","markdown":"https://secwatch.observer/filing/0001193125-23-163051.md","text":"https://secwatch.observer/filing/0001193125-23-163051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1804745/000119312523163051/0001193125-23-163051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1804745/000119312523163051/d508192d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T05:10:39.234268+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"30a81c3fa0","claim":"Tiffany Mason was terminated as Chief Financial Officer at Driven Brands Holdings Inc..","evidence_excerpt":"Ms. Mason’s employment with the Company ended on May 4, 2023, which the Compensation Committee of the Company’s Board of Directors determined was a termination without cause under her employment agreement with the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1804745/000119312523163051/0001193125-23-163051-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}