Aramark director granted 583 deferred stock units
Creed Greg reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Creed Greg reported acquisition or exercise transactions in this Form 4 filing.
Aramark director Greg Creed reported a compensation-related equity award and updated holdings. He received 583 shares of Common Stock as a fully vested deferred stock unit grant, reflecting his election to defer all of his cash retainer into stock units. These units will be settled in common shares on the first day of the seventh month after he leaves the board. Following the award, he holds 68,088.507 shares directly and 12,475 shares indirectly through a trust. The filing shows no open-market purchases or sales.
Positive
- None.
Negative
- None.
Filing Explained
Existing common holders face a disclosed future share-count increase if the 583 deferred units settle, while the filing reports no completed issuance.
The
Because additional shares increase total share count and reduce existing ownership percentage absent offsetting changes, that future settlement would be dilutive if it occurs as described.
The transaction code is A, which the supplied Form 4 definition identifies as a grant or award, not an open-market sale.
The filing says the director elected to defer all cash retainer into these units, which are fully vested and scheduled for settlement on the first day of the seventh month after departure.
After the reported transaction, beneficial ownership is listed as 68,088.507 common shares directly and 12,475 indirectly through a trust.
The filing-specific milestone is the director's departure, followed by settlement on the first day of the seventh month after that departure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 583 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents a grant of fully vested deferred stock units into which the director has elected to defer all of his cash retainer, which will be settled in shares of common stock on the first day of the seventh month after the date of the director's departure from the board.
Key Figures
Key Terms
deferred stock units financial
cash retainer financial
fully vested financial
indirect ownership financial
FAQ
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What insider transaction did Aramark (ARMK) director Greg Creed report?
Was the Aramark (ARMK) Form 4 transaction a market buy or sell?
How will Greg Creed’s Aramark (ARMK) deferred stock units be settled?
What does it mean that Greg Creed deferred his Aramark (ARMK) cash retainer?
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