Aramark director receives deferred stock units
DREILING RICHARD W reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
DREILING RICHARD W reported acquisition or exercise transactions in this Form 4 filing.
Aramark director Richard W. Dreiling received an automatic grant of 641 fully vested deferred stock units of common stock, based on a reference price of $42.86 per share. These units represent the director’s election to defer all of his cash retainer into stock-based compensation.
The deferred stock units will be settled in shares of common stock on the first day of the seventh month after his departure from the board. Following this grant, Dreiling directly holds 14,502.162 shares of Aramark common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 641 | $42.86 | $27K |
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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Aramark (ARMK) disclose for Richard W. Dreiling?
What are the terms of the deferred stock units granted to Aramark director Richard W. Dreiling?
At what price were the 641 deferred stock units for Aramark’s Richard W. Dreiling valued?
Why did Aramark director Richard W. Dreiling receive deferred stock units instead of cash?
AI-generated analysis. How Rhea-AI works. Not financial advice.