Aramark director gets 36.644 dividend units
Aramark director Kevin Wills reported an acquisition of 36.6440 shares of Common Stock on a Form 4.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Aramark director Kevin Wills reported an acquisition of 36.6440 shares of Common Stock on a Form 4. These represent dividend equivalent rights credited in connection with Aramark’s quarterly dividend on his deferred stock units, granted at no cost, increasing his direct holdings to 21,939.9950 shares.
Insider Trade Summary
Grant/Award: 36.644 shares
Grant/Award
1 txn
Insider
Wills Kevin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 36.644 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 21,939.995 shares (Direct)
Holdings Before and After:
Common Stock, 21,903.351 to 21,939.995 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred stock units held by the reporting person. These dividend equivalent rights vest on the same schedules as the underlying awards.
Key Figures
Shares granted: 36.6440 shares
Price per share: $0.0000 per share
Shares held after: 21,939.9950 shares
+1 more
4 metrics
Shares granted
36.6440 shares
Dividend equivalent rights on deferred stock units
Price per share
$0.0000 per share
Grant of dividend equivalent rights, no cash paid
Shares held after
21,939.9950 shares
Total direct Aramark Common Stock after award
Transaction code
A
Grant, award, or other acquisition of Common Stock
Key Terms
dividend equivalent rights, deferred stock units, vest, Grant, award, or other acquisition
4 terms
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's quarterly dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
deferred stock units financial
"accrued to the reporting person on deferred stock units held by the reporting person"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
vest financial
"These dividend equivalent rights vest on the same schedules as the underlying awards"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Aramark (ARMK) director Kevin Wills report on this Form 4?
Kevin Wills reported receiving 36.6440 Common Stock dividend equivalent rights. These were credited due to Aramark’s quarterly dividend on deferred stock units he already holds, increasing his direct ownership to 21,939.9950 shares without an open-market purchase or sale.
Is Kevin Wills buying or selling Aramark (ARMK) stock in this filing?
He is not buying or selling in the open market. The Form 4 shows an acquisition coded “A” for 36.6440 shares as a grant of dividend equivalent rights tied to existing deferred stock units, with no price paid per share.
What are dividend equivalent rights in the Aramark (ARMK) Form 4?
Dividend equivalent rights are additional share credits linked to cash dividends. For Kevin Wills, they accrued on his deferred stock units in line with Aramark’s quarterly dividend and will vest on the same schedules as the underlying awards rather than immediately.
Was any cash exchanged in the Aramark (ARMK) Form 4 transaction?
No cash changed hands in this transaction. The 36.6440 shares were granted at a reported price of $0.0000 per share, reflecting a compensation-related award of dividend equivalent rights rather than a market purchase or sale by Kevin Wills.
AI-generated analysis. How Rhea-AI works. Not financial advice.
