Director at ARKO Petroleum (APC) receives 5,497 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edmiston Sherman III reported acquisition or exercise transactions in this Form 4 filing.
ARKO Petroleum Corp. director Edmiston Sherman III received an equity award in the form of 5,497 restricted stock units, each tied to one share of Class A common stock. The RSUs are immediately vested and settle in shares upon the earlier of his service termination or a change in control. Following this grant, his reported direct holdings total 5,497 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Edmiston Sherman III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common Stock, par value $0.0001 per share | 5,497 | $0.00 | -- |
Holdings After Transaction:
Class A common Stock, par value $0.0001 per share — 5,497 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 5,497 units
Grant price: $0.00 per share
Shares after transaction: 5,497 shares
+1 more
4 metrics
RSUs granted
5,497 units
Equity award to director on April 29, 2026
Grant price
$0.00 per share
RSU award recorded as no cash consideration
Shares after transaction
5,497 shares
Total direct holdings following the RSU grant
RSU-to-share ratio
1 RSU : 1 share
Each RSU delivers one Class A common share
Key Terms
restricted stock units ("RSUs"), Class A common stock, change in control
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.
Class A common stock financial
"one share of Class A common stock, $0.0001 par value per share ("common stock")"
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.
change in control financial
"upon the earlier of (i) the date on which the reporting person's service with the Company is terminated ... 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.