Every Form 4 that Arcos Dorados Holdings Inc (ARCO) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow ARCO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ARCO filings page.
Arcos Dorados Holdings Inc. (ARCO) director Carlos Hernandez Artigas reported open-market or private sales of Class A common shares. On August 25, 2026 he sold 14,500 shares at $8.056 per share. On August 24, 2026 he sold 15,274 shares at $8.150 per share and 2,569 shares at $8.1605 per share from an indirectly held Simplified Employee Pension account, which then held 0 shares. A separate indirect holding entry shows 291,211 shares held by Marlies Capital LLC.
Arcos Dorados Holdings Inc. director Carlos Hernandez Artigas reported an open-market sale of 20,000 Class A common shares at $9.01 per share. Following the sale, he holds 29,774 shares directly, plus 2,569 shares in a Simplified Employee Pension account and 291,211 shares through Marlies Capital LLC.
Alonso Sergio Daniel reported acquisition or exercise transactions in this Form 4 filing.
Arcos Dorados Holdings Inc. director Sergio Daniel Alonso reported a compensation-related award of 4,435 Phantom Restricted Stock Units on Class A common shares. Each unit will pay the cash equivalent of one Class A share’s closing price on the vesting date, plus any dividends since the grant date. The award was issued under the company’s Phantom RSU compensation policy without any instruction from Alonso, and he now holds 4,435 Phantom RSUs following this grant.
Berman Martin Karla Paola reported acquisition or exercise transactions in this Form 4 filing.
Arcos Dorados Holdings Inc. director Karla Paola Berman Martin received a grant of Phantom Restricted Stock Units as compensation. She was awarded 4,435 Phantom RSUs, each linked to the value of one Class A common share on the vesting date, plus any dividends since the grant date.
The Phantom RSUs were issued under the company’s Phantom RSU compensation policy and did not involve any cash payment by the director. Following this grant, she holds 4,435 Phantom RSUs directly, which are scheduled to vest or be settled around April 30, 2027.
Arcos Dorados Holdings Inc. director Michael Chu reported a compensation-related grant of Phantom Restricted Stock Units. He received 4,435 Phantom RSUs, each tied to the value of one Class A common share on the vesting date plus any dividends paid since the grant date.
The units were issued at no exercise price pursuant to the company’s Phantom RSU compensation policy, without any instruction from Chu. Following this grant, he holds 4,435 Phantom RSUs directly, which are scheduled to vest and expire on April 30, 2027, settling in cash rather than shares.
Fernandez Jose Raul reported acquisition or exercise transactions in this Form 4 filing.
Arcos Dorados Holdings Inc. director Jose Raul Fernandez received a grant of 4,435 Phantom Restricted Stock Units as compensation. Each Phantom RSU represents the cash equivalent of the closing price of one Class A common share on the vesting date, plus any dividends since grant. The award was issued under the company’s Phantom RSU compensation policy without any instruction from Fernandez.
FRANQUI ANNETTE reported acquisition or exercise transactions in this Form 4 filing.
Arcos Dorados Holdings Inc. director Annette Franqui received a grant of 4,435 Phantom Restricted Stock Units as compensation. These units are cash-settled and each represents the cash equivalent of one Class A common share’s closing price on the vesting date, plus any dividends paid since grant. The award was issued under the company’s Phantom RSU compensation policy without any instruction from her. Following this grant, her reported Phantom RSU balance is 4,435 units tied to the company’s Class A common shares.
Arcos Dorados Holdings Chief Operating Officer Carlos Eduardo Gonzalez Avila reported routine equity compensation activity. On May 10, 2026, 7,522 Phantom Restricted Stock Units vested, were exercised into 7,522 Class A common shares and then disposed to the issuer at $9.02 per share, settling in cash and leaving no shares from this award outstanding. On the same date, he received a new grant of 22,610 Phantom Restricted Stock Units, each linked to the closing price of one Class A common share plus any dividends at vesting.
Staton Alicia reported acquisition or exercise transactions in this Form 4 filing.
Arcos Dorados Holdings Inc. director Alicia Staton reported an indirect compensation-related award of Phantom Restricted Stock Units linked to the company’s Class A common shares. On May 10, 2026, her spouse received 12,789 Phantom RSUs, each representing the cash equivalent of one Class A common share’s closing price on the vesting date plus any dividends since grant.
The award was granted at a price of $0.00 per unit under the issuer’s Phantom RSU compensation policy, explicitly noted as being issued without any instruction from the reporting person. Following this transaction, indirect holdings via Phantom RSUs total 12,789 units, with these units scheduled to vest or settle around May 10, 2029.
Hernandez Artigas Carlos reported acquisition or exercise transactions in this Form 4 filing.
Arcos Dorados Holdings Inc. director Carlos Hernandez Artigas received a grant of 4,435 Phantom Restricted Stock Units as compensation. Each Phantom RSU represents the cash equivalent of the closing price of one Class A common share on the vesting date, plus any dividends since grant. The award was issued under the company’s Phantom RSU compensation policy without any instruction from the director.
De Luca Cristina Presz Palmaka reported acquisition or exercise transactions in this Form 4 filing.
Arcos Dorados Holdings Inc. director Cristina Presz Palmaka De Luca received a grant of 4,435 Phantom Restricted Stock Units on May 10, 2026. These units were awarded at a price of $0.00 per unit under the company’s Phantom RSU compensation policy.
Each Phantom RSU represents the cash equivalent of the closing price of one Class A common share on the vesting date, plus any dividends paid since the grant date. Following this award, she holds 4,435 Phantom RSUs directly as a cash-settled compensation interest.
Rabach Marcelo reported acquisition or exercise transactions in this Form 4 filing.
Arcos Dorados Holdings Inc. director Marcelo Rabach received a grant of 4,435 Phantom Restricted Stock Units as compensation. The award was made on May 10, 2026 and leaves him holding 4,435 phantom units in total.
Each Phantom RSU mirrors the value of one Class A common share on the vesting date and includes the cash value of any dividends paid since the grant date. The units are scheduled to vest and be settled in cash on April 30, 2027 and were issued under the company’s Phantom RSU compensation policy without any instruction from Rabach.
Arcos Dorados Holdings Inc. reported compensation-related transactions by Chief Executive Officer Luis Alberto Raganato involving Class A common shares and Phantom Restricted Stock Units (Phantom RSUs).
On May 10, 2026, Phantom RSUs vested and were automatically settled in cash under the company’s Phantom RSU Award Agreement, with no instruction from Raganato. In connection with this, 24,239 Class A shares were issued through the exercise of derivative awards and then disposed back to the issuer at $9.02 per share, leaving him with 60,034 Class A shares directly owned.
Separately, Raganato received a new grant of 50,998 Phantom RSUs at a conversion price of $0.00. Each Phantom RSU represents the cash equivalent of the closing price of one Class A common share on the vesting date plus any dividends paid since the grant date, making these awards cash-settled incentives rather than additional tradable shares.
Arcos Dorados Holdings Inc. Chief Financial Officer Mariano Tannenbaum reported routine equity compensation changes. On May 10, 2026, he exercised derivative rights tied to 22,526 Class A common shares and a matching 22,526-share disposition to the issuer was recorded at $9.02 per share.
The filing also shows a grant of 30,266 Phantom Restricted Stock Units, each linked to the value of one Class A common share. Footnotes state the Phantom RSUs vested and were settled in cash automatically under the company’s compensation policy, without any instruction from Tannenbaum.
Following these transactions, Tannenbaum directly holds 87,063 Class A common shares and has 30,266 Phantom RSUs outstanding that are scheduled around May 10, 2029. Overall, the activity reflects compensation-related exercises, grants, and a disposition to the issuer rather than open-market trading.
Arcos Dorados Holdings Executive Chairman Staton Woods reported compensation-related transactions involving Class A shares and Phantom Restricted Stock Units (Phantom RSUs) on May 10, 2026. He exercised 58,207 Phantom RSUs into Class A common shares and then disposed of 58,207 Class A shares back to the issuer at $9.02 per share.
These Phantom RSUs vested and were settled in cash automatically under the company’s Phantom RSU Award Agreement, without any instruction from Woods. On the same date he also received a new grant of 70,427 Phantom RSUs, each linked to one Class A share. Following these transactions, he directly holds 164,336 Class A common shares and 70,427 Phantom RSUs.
Velez Cadavid Jose Alberto reported acquisition or exercise transactions in this Form 4 filing.
Arcos Dorados Holdings Inc. director Jose Alberto Velez Cadavid received a grant of 4,435 Phantom Restricted Stock Units as compensation. Each Phantom RSU represents the cash equivalent of one Class A common share on the vesting date, plus any dividends since grant, and was issued under the company’s Phantom RSU compensation policy without his instruction.
Arcos Dorados Holdings Inc. director Francisco Alberto Staton reported an automatic vesting and cash settlement of Phantom Restricted Stock Units (Phantom RSUs). On May 10, 2026, 13,033 Phantom RSUs were exercised into 13,033 Class A common shares at a conversion price of $0.00 per share, then disposed of to the issuer at $9.02 per share. According to the award agreement, the Phantom RSUs were settled in cash without any instruction from the reporting person, and the filing shows zero Class A shares and zero Phantom RSUs remaining afterward.
Arcos Dorados Holdings Inc. director Jose Alberto Velez Cadavid reported the vesting and cash settlement of 4,988 Phantom Restricted Stock Units on April 30, 2026. Each Phantom RSU represented the cash equivalent of the closing price of one Class A common share, plus any dividends since grant.
The Phantom RSUs were exercised at $0.00 and valued using a Class A common share price of $8.92 per share. The award vested and was settled in cash automatically under the company’s Phantom RSU Award Agreement, without any instruction from the reporting director, indicating a routine, compensation-related event rather than an open-market trade.
Arcos Dorados Holdings Inc. director Cristina Presz Palmaka De Luca reported the vesting of 4,988 Phantom Restricted Stock Units on April 30, 2026. These Phantom RSUs were exercised as an in-the-money derivative and, according to the award terms, were automatically settled in cash, with no open-market share purchases or sales.
Hernandez Artigas Carlos reported acquisition or exercise transactions in this Form 4 filing.
Arcos Dorados Holdings Inc. director Carlos Hernandez Artigas reported the vesting and cash settlement of Phantom Restricted Stock Units. On April 30, 2026, 4,988 Phantom RSUs vested and were settled in cash based on the closing price of one Class A common share plus any dividends since grant.
Following these compensation events, he directly holds 49,774 Class A common shares, and indirectly holds 2,569 shares in a Simplified Employee Pension account and 291,211 shares through Marlies Capital LLC.
Arcos Dorados Holdings Inc. director Annette Franqui exercised 4,988 Phantom Restricted Stock Units on April 30, 2026. Each Phantom RSU represents the cash equivalent of one Class A common share’s closing price on the vesting date, plus any dividends since grant. The units vested and were automatically settled in cash under the Phantom RSU Award Agreement, without instructions from the director. Following the transactions, she directly holds 30,940 Class A common shares.
Arcos Dorados Holdings Inc. director Jose Raul Fernandez exercised 4,988 Phantom Restricted Stock Units on April 30, 2026. Each Phantom RSU represents the cash equivalent of one Class A common share’s closing price on the vesting date, plus any dividends since grant.
The Phantom RSUs vested and were settled in cash automatically under the company’s Phantom RSU Award Agreement, without any instruction from Fernandez. Following these transactions, he directly held 44,203 Class A common shares.
Arcos Dorados Holdings Inc. director Michael Chu reported compensation-related equity activity rather than open-market trading. On April 30, 2026, 4,988 Phantom Restricted Stock Units vested and, according to the award terms, were automatically settled in cash, based on the Class A common share closing price plus any dividends since grant.
Following these transactions, the filing shows that Chu directly holds 4,988 Class A common shares and indirectly holds 10,796 Class A common shares through The Michael Chu Trust. The Phantom RSUs were fully exercised and no derivative balance remains.
Arcos Dorados Holdings Inc. director Karla Paola Berman reported the vesting and cash settlement of 4,988 Phantom Restricted Stock Units tied to the company’s Class A common shares. Each Phantom RSU represents the cash equivalent of the closing price of one Class A share on the vesting date plus any dividends since grant.
On April 30, 2026, these Phantom RSUs vested and were automatically settled in cash under the issuer’s Phantom RSU Award Agreement, without any instruction from the reporting person. The filing reflects a routine, compensation-related derivative exercise rather than open-market share purchases or sales.
Alonso Sergio Daniel reported acquisition or exercise transactions in this Form 4 filing.
Arcos Dorados Holdings Inc. director Sergio Daniel Alonso reported the vesting and cash settlement of 4,988 Phantom Restricted Stock Units (Phantom RSUs) tied to the company’s Class A common shares. Each Phantom RSU represented the cash equivalent of one Class A share’s closing price plus any dividends since grant.
The Phantom RSUs vested and were settled in cash automatically under the award agreement, without any trading instructions from the director. After these transactions, he holds 4,988 Class A common shares directly and 238,935 Class A common shares indirectly through Taribo Capital Limited, reflecting his ongoing economic exposure to the stock.