secwatch.observer — SEC 8-K summary
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Issuer:     Bloomin' Brands, Inc. (BLMN)
CIK:        0001546417
Form:       8-K
Filed at:   2025-12-12T23:59:59+00:00
Accession:  0001546417-25-000143
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bloomin' Brands amends severance plan for VPs; grants retention RSUs to CEO and CLO
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- Severance plan for VPs and above amended to eliminate pay for unsatisfactory performance and add outplacement services.
- CEO Michael Spanos receives $2M restricted stock unit retention grant vesting ratably over 3 years.
- EVP/CLO Kelly Lefferts receives $300K RSU retention grant vesting ratably over 3 years.
- Both grants provide continued vesting on without-cause termination, subject to one-year noncompete and other covenants.
- Changes approved by Compensation Committee effective December 8, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1546417/000154641725000143/0001546417-25-000143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1546417/000154641725000143/blmn-20251208.htm
  HTML page:      https://secwatch.observer/filing/0001546417-25-000143

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer