ARKO Corp. (ARKO) director granted 5,244 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
FRIEDMAN AVRAM Z
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,244 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 122,077 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 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: 5,244 units
Post-grant holdings: 122,077 shares
RSU conversion ratio: 1 share per unit
3 metrics
RSUs granted
5,244 units
Equity award to director on April 1, 2026
Post-grant holdings
122,077 shares
Common stock directly held after transaction
RSU conversion ratio
1 share per unit
Each RSU delivers one ARKO common share
Key Terms
Restricted Stock Units, change of control, immediately vested
3 terms
Restricted Stock Units financial
"Restricted stock units ("RSUs") provide for the right to receive one share"
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 ... termination ... and (ii) the date of a change of control"
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.
immediately vested financial
"The RSUs are immediately vested and provide for the right to receive one share"
FAQ
What did ARKO (ARKO) director Avram Z. Friedman report in this Form 4?
Avram Z. Friedman reported receiving a grant of 5,244 restricted stock units from ARKO Corp. The units are immediately vested and each RSU represents one future share of common stock, delivered upon termination of service or a change of control.
When do Avram Z. Friedman’s ARKO (ARKO) RSUs convert into common stock?
The restricted stock units convert into ARKO common stock upon the earlier of Friedman’s termination of service with the company or a change of control. Until that time, they remain as RSUs, already fully vested but not yet settled into delivered shares.
Are the ARKO (ARKO) restricted stock units granted to Friedman immediately vested?
Yes. The Form 4 states the restricted stock units are immediately vested. Although fully vested, they only deliver one share of ARKO common stock per unit when Friedman’s service ends or if the company undergoes a change of control, whichever happens first.