ARKO Corp. (ARKO) CFO receives 54,645 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARKO Corp. reported that its Chief Financial Officer and Executive Vice President, Jeff Charles Galagher, received a grant of 54,645 restricted stock units (RSUs). Each RSU represents the right to receive one share of ARKO common stock on a one-for-one basis.
The RSUs will vest and convert into common shares in three equal annual installments starting on March 1, 2027, as long as Galagher remains employed or in service through each vesting date. This award increases his directly held derivative securities balance to 54,645 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jeff Charles Galagher
Role
Chief Financial Officer, EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 54,645 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 54,645 shares (Direct)
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 will vest and convert into shares of common stock in three equal annual installments commencing on March 1, 2027, subject to the reporting person's continued employment or service through the vesting date.
FAQ
What insider transaction did ARKO (ARKO) disclose for Jeff Charles Galagher?
ARKO disclosed that Chief Financial Officer and EVP Jeff Charles Galagher received a grant of 54,645 restricted stock units. These RSUs are equity-based compensation that can convert into common shares if specified vesting conditions tied to continued employment are satisfied over time.
How many restricted stock units were granted to ARKO CFO Jeff Charles Galagher?
Jeff Charles Galagher was granted 54,645 restricted stock units. Each RSU entitles him to receive one share of ARKO Corp. common stock upon vesting, providing potential future ownership if he meets the service-based vesting requirements described in the award terms.
When do Jeff Charles Galagher’s ARKO RSUs begin vesting and over what schedule?
The RSUs granted to Jeff Charles Galagher begin vesting on March 1, 2027. They vest and convert into ARKO common shares in three equal annual installments, contingent on his continued employment or service through each scheduled vesting date in the three-year period.
What does each ARKO restricted stock unit represent in this Form 4 filing?
Each restricted stock unit represents the right to receive one share of ARKO Corp. common stock with $0.0001 par value. The RSUs themselves are not shares until they vest and convert, at which point they become issued common shares to the reporting person.
Is Jeff Charles Galagher’s ARKO RSU grant a purchase or a compensation award?
The ARKO RSU transaction is a compensation award, not an open-market purchase. The Form 4 identifies the transaction code as “A” for grant, award, or other acquisition, reflecting equity compensation granted at a reported price of $0.0000 per unit.
What is Jeff Charles Galagher’s ARKO RSU balance after this transaction?
After this RSU grant, Jeff Charles Galagher directly holds 54,645 restricted stock units. This total reflects derivative securities that may convert into an equal number of ARKO common shares if the time-based vesting and continued service conditions outlined in the award are fully satisfied.