Driven Brands Holdings Inc.: management transactions · United States · SEC (Form 4)

About Driven Brands Holdings Inc.

Driven Brands Holdings Inc. (ticker: DRVN) is a U.S.-listed automotive services platform traded on NASDAQ in the United States. Headquartered in Charlotte, North Carolina, the company describes itself as the largest automotive services company in North America, operating through more than 4,800 service locations. Its model is built around a broad portfolio of well-known brands and a mix of franchised, company-operated and third-party locations, giving it a diversified and recurring exposure to the large and highly fragmented automotive aftermarket. The company’s growth story has been shaped by years of consolidation across specialist automotive service franchises. Driven Brands has assembled a multi-brand platform that includes Take 5 Oil Change, Meineke Car Care Centers, Maaco, 1-800-Radiator & A/C, Auto Glass Now and CARSTAR. This brand architecture allows the group to serve multiple customer needs across the vehicle lifecycle, from routine maintenance to collision repair, paint, glass replacement and other repair services. For investors, the key attraction is the combination of scale, brand recognition and a franchise-led operating model that can generate cash while limiting capital intensity relative to a purely company-owned network. From a business perspective, Driven Brands covers several core service categories: quick oil change, preventive maintenance, collision repair, paint, auto glass replacement, vehicle repair and related commercial services. The company has said it holds less than 5% share of a U.S. automotive aftermarket addressable market of more than $350 billion, underscoring both the size of the opportunity and the fragmented competitive landscape. Its competitive edge comes from the breadth of its offering, the reach of its network, shared services and the ability to scale operating best practices across many local service points. In an industry still dominated by small chains and independent operators, that platform approach is strategically important. Geographically, the business remains heavily concentrated in North America, especially the United States, while historically it has also had international exposure. Recent developments are notable for portfolio simplification and capital structure management. In January 2026, the company completed the sale of its International Car Wash business, and it subsequently updated its segment reporting to reflect the new operating structure. During 2025, it also completed the divestiture of its U.S. car wash business. On the financing side, Driven Brands closed a $500 million securitization issuance to refinance existing debt, reinforcing the market’s focus on leverage reduction and balance-sheet flexibility. In April 2026, Nasdaq issued a deficiency notice related to the delayed filing of the company’s fiscal 2025 Form 10-K, although the notice did not have an immediate effect on the listing. Overall, DRVN remains a consolidated automotive services platform with a strong North American footprint, a recognized brand portfolio and an ongoing focus on simplification, cash generation and deleveraging.