secwatch.observer — SEC 8-K summary
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Issuer:     Bloomin' Brands, Inc. (BLMN)
CIK:        0001546417
Form:       8-K
Filed at:   2026-02-13T23:59:59+00:00
Accession:  0001546417-26-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bloomin' Brands grants CEO Michael Spanos $2M performance stock units as special retention award
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- Target grant date fair value of $2,000,000 in performance stock units to CEO Michael Spanos.
- Vests on three-year anniversary of February 27, 2026 based on comparable sales and Adjusted EBITDA metrics.
- Payout opportunity ranges from 1% to 200% of target, subject to continued employment through vesting date.
- If terminated without cause, continued vesting subject to one-year noncompetition and other restrictive covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1546417/000154641726000004/0001546417-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1546417/000154641726000004/blmn-20260210.htm
  HTML page:      https://secwatch.observer/filing/0001546417-26-000004

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