Director at Aramark (NYSE: ARMK) awarded 5,124 stock units
Rhea-AI Filing Summary
Aramark director Kenneth M. Keverian reported an equity award of 5,124 deferred stock units on February 3, 2026. The units are tied to Aramark common stock at a reference price of $38.06 per share.
After this grant, he beneficially owns 28,992.516 shares directly. According to the terms, the deferred stock units will vest on the day before the first annual stockholders' meeting after the grant date, assuming continued board service. If vested, they will be settled in shares of common stock on the first day of the seventh month after he leaves the board.
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FAQ
What insider transaction did Aramark (ARMK) director Kenneth M. Keverian report?
Kenneth M. Keverian reported receiving 5,124 deferred stock units tied to Aramark common stock. The grant occurred on February 3, 2026, at a reference price of $38.06 per share, increasing his directly beneficially owned holdings to 28,992.516 shares after the transaction.
How many Aramark shares does Kenneth M. Keverian beneficially own after this Form 4?
After the reported transaction, Kenneth M. Keverian beneficially owns 28,992.516 Aramark common shares directly. This reflects the addition of 5,124 deferred stock units granted on February 3, 2026, which are linked to Aramark common stock and reported as an acquisition.
What are the vesting terms of the 5,124 deferred stock units granted to the Aramark director?
The 5,124 deferred stock units vest on the day before the first annual stockholders' meeting occurring after the grant date, subject to continued service. If vested, they will be settled in shares of Aramark common stock on the first day of the seventh month after the director leaves the board.
Is the reported Aramark insider transaction a purchase or an award of stock units?
The reported transaction is an award of deferred stock units, coded as an acquisition (A) on Form 4. It represents 5,124 units linked to Aramark common stock at $38.06 per share, granted as director compensation rather than an open-market stock purchase.
What role does Kenneth M. Keverian hold at Aramark in this Form 4 filing?
In this Form 4 filing, Kenneth M. Keverian is identified as a director of Aramark. The reported transaction reflects a grant of 5,124 deferred stock units related to his board service, with vesting tied to future annual stockholders' meetings and his continued service as a director.
How and when will Kenneth M. Keverian’s Aramark deferred stock units be settled?
If the vesting conditions are met, the deferred stock units will be settled in shares of Aramark common stock. Settlement occurs on the first day of the seventh month after the date of the director’s departure from the board, according to the disclosed terms.