ARKO Corp. (ARKO) director receives 21,262 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HEYER ANDREW R reported acquisition or exercise transactions in this Form 4 filing.
ARKO Corp. director Andrew R. Heyer received a grant of 21,262 restricted stock units (RSUs). The RSUs were awarded at a price of $0.0000 per unit and each RSU represents the right to receive one share of ARKO common stock on a one-for-one basis.
The RSUs are immediately vested and will settle into common shares upon the earlier of Mr. Heyer’s separation from the company for any reason or a change of control of ARKO Corp. Following this grant, his reported RSU holdings total 189,594 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HEYER ANDREW R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 21,262 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 189,594 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
RSUs granted: 21,262 units
RSUs after grant: 189,594 units
RSU grant price: $0.0000 per unit
+1 more
4 metrics
RSUs granted
21,262 units
Restricted stock unit award to director on 2026-06-04
RSUs after grant
189,594 units
Total reported RSU holdings following this transaction
RSU grant price
$0.0000 per unit
Reported transaction price for RSU award
Underlying common shares
21,262 shares
Common stock underlying new RSUs on a one-for-one basis
Key Terms
Restricted Stock Units, one-for-one basis, change of control, Common Stock, par value $0.0001 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.
one-for-one basis financial
"one share of common stock, $0.0001 par value per share ("common stock"), on a one-for-one basis"
change of control financial
"upon the earlier of (i) the date on which the reporting person's service with the Company is terminated ... and (ii) 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.
FAQ
What insider transaction did ARKO (ARKO) report for Andrew R. Heyer?
ARKO reported that director Andrew R. Heyer received a grant of 21,262 restricted stock units. Each RSU represents one share of ARKO common stock, increasing his reported RSU holdings to 189,594 units as of this Form 4 filing.
Were Andrew R. Heyer’s ARKO (ARKO) restricted stock units immediately vested?
Yes. The 21,262 restricted stock units granted to Andrew R. Heyer are immediately vested. He will receive one share of ARKO common stock for each RSU upon either his termination of service or a change of control of the company.
How many ARKO (ARKO) restricted stock units does Andrew R. Heyer hold after this grant?
After the 21,262-unit grant, Andrew R. Heyer’s reported RSU holdings total 189,594 units. Each unit entitles him to receive one share of ARKO common stock under the settlement conditions described in the Form 4 footnotes.
What triggers settlement of Andrew R. Heyer’s ARKO (ARKO) restricted stock units?
The RSUs settle into ARKO common stock on the earlier of two events: the end of Andrew R. Heyer’s service with the company for any reason, or the occurrence of a change of control of ARKO Corp., as detailed in the filing footnotes.