Director Edmiston Sherman III receives ARKO (ARKO) grant of 306 RSUs
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 Corp. director Edmiston Sherman III received a grant of 306 restricted stock units, each representing one share of common stock on a one-for-one basis. These RSUs are immediately vested and will settle in shares when his service ends or upon a change of control of the company. Following this award, he holds 120,376 shares in total, indicating this is a small, routine compensation-related equity grant relative to his existing position.
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 | Restricted Stock Units | 306 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 120,376 shares (Direct, null)
Footnotes (1)
- Restricted stock units ("RSUs") provide for the right to receive one share of common stock, $0.0001 par value per share ("common stock"), of ARKO 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 of control of the Company.
Key Figures
RSU grant size: 306 units
Post-transaction holdings: 120,376 shares
RSU exercise price: $0.0000 per unit
+1 more
4 metrics
RSU grant size
306 units
Restricted stock units granted on 2026-07-01
Post-transaction holdings
120,376 shares
Total shares following RSU grant
RSU exercise price
$0.0000 per unit
Conversion or exercise price for RSUs
Transaction code
A (grant/award acquisition)
Form 4 transaction classification
Key Terms
Restricted Stock Units, change of control, grant, award, or other acquisition, common stock, $0.0001 par value per share
4 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") provide for the right to receive one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
change of control financial
"upon the earlier of the reporting person's service termination and the date of a change of control of the Company"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What insider transaction did ARKO (ARKO) report for Edmiston Sherman III?
ARKO reported that director Edmiston Sherman III received 306 restricted stock units as a compensation-related equity grant. Each RSU represents one share of common stock on a one-for-one basis and is immediately vested under the terms described.
How large is Edmiston Sherman III’s new ARKO RSU grant versus his holdings?
The new grant covers 306 restricted stock units, while his total holdings after the transaction are 120,376 shares. This makes the award a relatively small addition compared with his existing ownership position at ARKO Corp. based on this filing.
When will Edmiston Sherman III receive ARKO common stock from these RSUs?
The RSUs are immediately vested but settle into common shares upon the earlier of his termination of service with ARKO Corp. for any reason or a change of control of the company, according to the filing’s footnote terms.
What does one ARKO restricted stock unit represent in this Form 4?
Each restricted stock unit represents the right to receive one share of ARKO Corp. common stock with par value $0.0001 per share. The RSUs are structured on a one-for-one basis, aligning the grant directly with common equity exposure for the director.
Is Edmiston Sherman III’s ARKO RSU grant an open-market purchase or sale?
The transaction is classified as a grant or award acquisition, not an open-market trade. It reflects compensation in the form of 306 restricted stock units rather than the director buying or selling ARKO shares in the open market.