ARKO Petroleum director granted 5,497 RSUs
Edmiston Sherman III reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common Stock, par value $0.0001 per share | 5,497 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Class A common stock financial
change in control financial
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