Arcos Dorados (NYSE: ARCO) director discloses share and Phantom RSU stakes
Rhea-AI Filing Summary
Arcos Dorados Holdings Inc. director Hernandez Artigas Carlos filed an initial ownership report showing his current stake in the company. He holds 49,774 Class A common shares directly, 291,211 Class A shares indirectly through Marlies Capital LLC, and 2,569 Class A shares in a Simplified Employee Pension account.
He also holds Phantom Restricted Stock Units tied to 4,988 Class A shares. These Phantom RSUs are cash-based awards that pay the cash equivalent of the closing price of one Class A share on the vesting date, plus any dividends since grant, and are settled in cash rather than stock.
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Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Hernandez Artigas Carlos
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Phantom Restricted Stock Unit | -- | -- | -- |
| holding | Class A common share | -- | -- | -- |
| holding | Class A common share | -- | -- | -- |
| holding | Class A common share | -- | -- | -- |
Holdings After Transaction:
Phantom Restricted Stock Unit — 4,988 shares (Direct);
Class A common share — 291,211 shares (Indirect, Held by Marlies Capital LLC);
Class A common share — 2,569 shares (Indirect, Held in a Simplified Employee Pension account);
Class A common share — 49,774 shares (Direct)
Footnotes (1)
- F1. Each Phantom Restricted Stock Unit ("Phantom RSU") represents the cash equivalent of the closing price of one Class A common share on the vesting date, plus any dividends paid on the Class A common share, if any, since the grant date. The date exercisable and expiration date represent the vesting date for this Phantom RSU. Each Phantom RSU will be settled in cash promptly following the vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Arcos Dorados (ARCO) Form 3 filing show for Hernandez Artigas Carlos?
The Form 3 shows director Hernandez Artigas Carlos’ existing holdings in Arcos Dorados. He reports direct, indirect, and cash-settled Phantom RSU interests linked to the company’s Class A common shares as of the reporting date.
What indirect Arcos Dorados (ARCO) holdings are reported for Hernandez Artigas Carlos?
He reports 291,211 Class A common shares held indirectly through Marlies Capital LLC and 2,569 Class A shares held in a Simplified Employee Pension account. These positions complement his directly owned shares disclosed in the same Form 3 filing.
What are the Phantom Restricted Stock Units reported in the Arcos Dorados (ARCO) Form 3?
The filing lists Phantom Restricted Stock Units tied to 4,988 underlying Class A shares. Each Phantom RSU pays the cash equivalent of one Class A share’s closing price at vesting, plus dividends since grant, and is settled entirely in cash.