ARKO director awarded 5,244 restricted stock units
FRIEDMAN AVRAM Z reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
FRIEDMAN AVRAM Z reported acquisition or exercise transactions in this Form 4 filing.
ARKO Corp. director Avram Z. Friedman received a grant of 5,244 restricted stock units (RSUs). These RSUs are immediately vested and each unit represents the right to receive one share of ARKO common stock on a one-for-one basis.
The RSUs settle in common shares upon the earlier of Friedman’s separation from the company for any reason or a change of control at ARKO. Following this award, Friedman directly holds 122,077 shares of ARKO common stock, reflecting routine equity-based director compensation rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,244 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Restricted Stock Units financial
change of control financial
immediately vested financial
FAQ
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What did ARKO (ARKO) director Avram Z. Friedman report in this Form 4?
When do Avram Z. Friedman’s ARKO (ARKO) RSUs convert into common stock?
Are the ARKO (ARKO) restricted stock units granted to Friedman immediately vested?
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