Director Avram Z. Friedman receives 21,262 RSUs at ARKO Corp. (ARKO)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARKO Corp. director Avram Z. Friedman received a grant of 21,262 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 will convert into common shares upon the earlier of Friedman’s termination of service with the company for any reason or a change of control of ARKO Corp. Following this grant, Friedman directly holds 143,339 RSUs tied to ARKO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FRIEDMAN AVRAM Z
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 21,262 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 143,339 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
RSU conversion ratio: 1 share per unit
Post-grant RSU holdings: 143,339 units
+1 more
4 metrics
RSUs granted
21,262 units
Restricted stock unit award to director Avram Z. Friedman
RSU conversion ratio
1 share per unit
Each RSU delivers one share of ARKO common stock
Post-grant RSU holdings
143,339 units
Total RSUs directly held by Avram Z. Friedman after grant
Grant price
$0.0000 per unit
Equity compensation with no cash paid by the director
Key Terms
Restricted Stock Units, change of control, common stock, $0.0001 par value per share
3 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 (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 Avram Z. Friedman?
ARKO reported that director Avram Z. Friedman received 21,262 restricted stock units. These RSUs are immediately vested and each unit entitles him to one share of ARKO common stock under specified settlement conditions.
How many ARKO Corp. restricted stock units were granted in this Form 4?
The filing shows a grant of 21,262 restricted stock units. Each RSU corresponds to one share of ARKO common stock, providing equity-based compensation without an immediate cash purchase or sale in the market.
When do Avram Z. Friedman’s ARKO RSUs settle into common stock?
The RSUs convert into common stock upon the earlier of Friedman’s termination of service with ARKO for any reason or a change of control of the company. Until then, they remain as restricted stock units linked to future delivery.
What is Avram Z. Friedman’s ARKO RSU position after this grant?
After the reported award, Friedman directly holds 143,339 restricted stock units. Each RSU represents the right to receive one share of ARKO common stock, aligning his compensation more closely with shareholder interests over time.