Aramark (ARMK) EVP Charpentier granted dividend-equivalent stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aramark executive Abigail Charpentier received additional stock-based compensation tied to existing equity awards. She acquired 102.353 shares of Aramark common stock at no cost, described as dividend equivalent rights that accrued on previously granted restricted stock units and earned performance stock units. After this award, she directly holds a total of 80,907.002 common shares. These dividend equivalent rights will vest on the same schedules as the underlying stock awards, so the added shares follow the existing vesting conditions rather than being immediately unrestricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Charpentier Abigail
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 102.353 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 80,907.002 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 102.353 shares
Price per share: $0.0000 per share
Shares held after: 80,907.002 shares
3 metrics
Shares granted
102.353 shares
Dividend equivalent rights on RSUs and PSUs
Price per share
$0.0000 per share
Grant/award acquisition
Shares held after
80,907.002 shares
Direct ownership following transaction
Key Terms
dividend equivalent rights, restricted stock units, performance stock units
3 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.
restricted stock units financial
"accrued to the reporting person on restricted stock units"
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.
performance stock units financial
"and previously granted performance stock units that were determined to be earned"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
FAQ
What did Aramark EVP Abigail Charpentier acquire in this Form 4 filing for ARMK?
Abigail Charpentier received 102.353 Aramark common shares as a stock-based award, labeled as dividend equivalent rights. These accrued on existing restricted and performance stock units and were granted at no cash cost to her.
Was Abigail Charpentier’s Aramark Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale. It was an acquisition coded as a grant or award, representing 102.353 dividend equivalent rights credited at a price of $0.0000 per share to existing stock unit awards.
What are dividend equivalent rights mentioned in the Aramark (ARMK) Form 4 filing?
Dividend equivalent rights in this filing are additional share credits tied to Aramark’s quarterly dividend. They accrue on the executive’s restricted and earned performance stock units and vest on the same schedules as the underlying stock awards.