Director at ARKO Petroleum (APC) receives 1,029 immediately vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FRIEDMAN AVRAM Z reported acquisition or exercise transactions in this Form 4 filing.
ARKO Petroleum Corp. director Avram Z. Friedman received a grant of 1,029 restricted stock units (RSUs) of Class A common stock as equity compensation. These RSUs are immediately vested and each represents the right to receive one share of common stock.
The RSUs will settle in shares upon the earlier of Friedman’s departure from the company for any reason or a change in control of ARKO Petroleum Corp. Following this award, Friedman holds 28,588 shares of Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FRIEDMAN AVRAM Z
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock, par value $0.0001 per share | 1,029 | $0.00 | -- |
Holdings After Transaction:
Class A common stock, par value $0.0001 per share — 28,588 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,029 units
Price per share: $0.0000 per share
Shares held after grant: 28,588 shares
3 metrics
RSUs granted
1,029 units
Restricted stock unit award to director
Price per share
$0.0000 per share
Reported value for RSU grant
Shares held after grant
28,588 shares
Total Class A common stock directly owned post-transaction
Key Terms
restricted stock units ("RSUs"), change in control, Class A common stock
3 terms
restricted stock units ("RSUs") financial
"Grant of restricted stock units ("RSUs"), each providing for the right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
change in control financial
"upon the earlier of (i) the date ... and (ii) the date of a change in control of the Company"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Class A common stock financial
"one share of Class A common stock, $0.0001 par value per share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did ARKO Petroleum Corp. (APC) report for Avram Z. Friedman?
ARKO Petroleum reported that director Avram Z. Friedman received a grant of 1,029 restricted stock units (RSUs) of Class A common stock. This is a stock-based compensation award at no cash cost per share, increasing his direct holdings to 28,588 shares.
What are the key terms of the RSU grant reported by ARKO Petroleum (APC)?
The grant consists of 1,029 restricted stock units, each convertible into one share of Class A common stock. The RSUs are immediately vested and will deliver shares upon the earlier of Friedman’s service termination with ARKO Petroleum or a change in control of the company.
Is the ARKO Petroleum (APC) RSU grant to Avram Z. Friedman an open-market purchase or sale?
The RSU grant is not an open-market purchase or sale. It is a compensation-related acquisition classified as a grant or award, with a reported price per share of $0.0000, reflecting that Friedman did not pay cash to acquire these units.