Director at ARKO Petroleum (APC) receives 5,772-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rogers Kirk T. reported acquisition or exercise transactions in this Form 4 filing.
ARKO Petroleum Corp. director Rogers Kirk T. received a grant of 5,772 restricted stock units (RSUs) of Class A common stock. Each RSU represents the right to receive one share on a one-for-one basis at no purchase price. The RSUs are immediately vested and will settle in shares upon the earlier of the end of his service with the company or a change in control. Following this award, he holds 5,772 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rogers Kirk T.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common Stock, par value $0.0001 per share | 5,772 | $0.00 | -- |
Holdings After Transaction:
Class A common Stock, par value $0.0001 per share — 5,772 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 5,772 units
Grant price per share: $0.0000 per share
Shares held after transaction: 5,772 shares
3 metrics
RSUs granted
5,772 units
Restricted stock units granted to director Rogers Kirk T.
Grant price per share
$0.0000 per share
Stated acquisition price for RSU grant
Shares held after transaction
5,772 shares
Total direct holdings following RSU grant
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 ... termination ... 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 (APC) disclose for Rogers Kirk T.?
ARKO Petroleum reported that director Rogers Kirk T. received a grant of 5,772 restricted stock units (RSUs) of Class A common stock. These RSUs are a form of equity compensation rather than an open-market stock purchase or sale.
At what price were the ARKO Petroleum (APC) RSUs granted to Rogers Kirk T.?
The RSUs were granted at a stated price of $0.0000 per share, which reflects that this is a compensatory equity award, not a market purchase. The value to the director comes from the underlying ARKO Petroleum shares delivered later.
Is the ARKO Petroleum (APC) RSU grant to Rogers Kirk T. a market buy or sell?
The transaction is classified as a grant or award acquisition, not a market buy or sell. Rogers Kirk T. received 5,772 RSUs as equity compensation, and no open-market purchase or sale of ARKO Petroleum shares is reported here.