ARKO (ARKO) director receives 5,821 immediately vested restricted stock units
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 5,821 restricted stock units. 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 will settle in common shares upon the earlier of Mr. Heyer’s separation from service with the company or a change of control of ARKO Corp. Following this award, he holds 195,415 derivative securities tied to ARKO common stock.
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 | 5,821 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 195,415 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: 5,821 units
RSU price: $0.00 per unit
Underlying shares: 5,821 shares
+1 more
4 metrics
RSUs granted
5,821 units
Restricted stock unit award to director
RSU price
$0.00 per unit
Grant/award acquisition with no cash price
Underlying shares
5,821 shares
Common stock deliverable on one-for-one basis
Holdings after transaction
195,415 units
Total derivative securities following RSU grant
Key Terms
Restricted Stock Units, RSUs, change of control, 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.
RSUs financial
"The RSUs are immediately vested and provide for the right to receive one share of common stock"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
change of control financial
"upon the earlier of ... termination ... 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 5,821 restricted stock units as a grant. These RSUs are immediately vested and each entitles him to one share of ARKO common stock upon settlement, increasing his equity-based compensation exposure.
How many restricted stock units did the ARKO director receive in this Form 4?
The director received 5,821 restricted stock units. Each unit represents the right to receive one share of ARKO common stock, providing stock-based compensation that aligns his interests with shareholders through future share delivery instead of immediate cash payment.
Are the ARKO restricted stock units granted to the director immediately vested?
Yes, the RSUs granted to the director are immediately vested. Although fully vested, they will be delivered in shares only upon his separation from service with ARKO or a company change of control, creating deferred share settlement despite current vesting.