Arcos Dorados (NYSE: ARCO) director reports stock and phantom RSU stake
Rhea-AI Filing Summary
Arcos Dorados Holdings Inc. director Annette Franqui filed an initial statement of beneficial ownership. She reports direct ownership of 30,940 Class A common shares. She also holds Phantom Restricted Stock Units tied to 4,988 underlying Class A common shares, which vest and expire on April 30, 2026 and will be settled in cash based on the share price and any dividends.
This filing records her starting equity-linked position as a director and does not report any share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FRANQUI ANNETTE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Phantom Restricted Stock Unit | -- | -- | -- |
| holding | Class A common share | -- | -- | -- |
Holdings After Transaction:
Phantom Restricted Stock Unit — 4,988 shares (Direct);
Class A common share — 30,940 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 Form 3 for Arcos Dorados (ARCO) disclose about Annette Franqui?
The Form 3 shows director Annette Franqui’s initial holdings, including 30,940 Class A common shares and Phantom RSUs tied to 4,988 underlying shares, giving investors a baseline view of her equity-linked stake.
What are the Phantom Restricted Stock Units reported in ARCO’s Form 3?
The Form 3 lists Phantom Restricted Stock Units each representing the cash equivalent of one Class A common share’s closing price on vesting, plus dividends since grant, providing cash-settled exposure rather than actual share delivery.
When do Annette Franqui’s Arcos Dorados Phantom RSUs vest and expire?
The Phantom RSUs vest and expire on April 30, 2026. On this vesting date, each unit will be settled in cash promptly afterward, based on the Class A common share’s closing price and any dividends since grant.
Does the ARCO Form 3 show any stock purchases or sales by Annette Franqui?
The Form 3 does not report any purchases or sales of Arcos Dorados shares. It only records Annette Franqui’s existing holdings in Class A common shares and cash-settled Phantom RSUs as her initial ownership disclosure.