Aramark (ARMK) EVP Lauren Harrington sells shares after exercising options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aramark EVP and General Counsel Lauren A. Harrington reported an exercise-and-sell transaction in Aramark common stock. She exercised options to acquire 18,363 shares at strike prices of $24.58 and $29.38 per share, then sold the same number of shares in open-market trades at weighted average prices of about $53.02 and $53.09, with individual trades occurring within narrow price ranges disclosed in the footnotes. Following these transactions, she directly holds 126,854.31 shares of Aramark common stock. The options exercised were fully vested and scheduled to expire in November 2026 and November 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,363 shares ($974,228)
Net Sell
6 txns
Insider
Harrington Lauren A
Role
EVP and General Counsel
Sold
18,363 shs ($974K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 8,852 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 9,511 | $0.00 | -- |
| Exercise | Common Stock | 8,852 | $24.58 | $218K |
| Sale | Common Stock | 8,852 | $53.0897 | $470K |
| Exercise | Common Stock | 9,511 | $29.38 | $279K |
| Sale | Common Stock | 9,511 | $53.0205 | $504K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 135,706.31 shares (Direct, null)
Footnotes (1)
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.080 to $53.130, inclusive. The reporting person undertakes to provide to Aramark, any security holder of Aramark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.010 to $53.080, inclusive. The reporting person undertakes to provide to Aramark, any security holder of Aramark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These options are fully vested and will expire on November 18, 2026. These options are fully vested and will expire on November 16, 2027.
Key Figures
Shares sold: 18,363 shares
Weighted average sale price 1: $53.0205/share
Weighted average sale price 2: $53.0897/share
+4 more
7 metrics
Shares sold
18,363 shares
Total Aramark common shares sold in open-market trades
Weighted average sale price 1
$53.0205/share
First open-market sale tranche of Aramark common stock
Weighted average sale price 2
$53.0897/share
Second open-market sale tranche of Aramark common stock
Options exercised at $29.38
9,511 shares
Common shares acquired via option exercise at $29.38 strike
Options exercised at $24.58
8,852 shares
Common shares acquired via option exercise at $24.58 strike
Post-transaction holdings
126,854.31 shares
Direct Aramark common stock held after transactions
Net share change
-18,363 shares
Net sell shares from transaction summary (net-sell direction)
Key Terms
open-market sale, Stock Option (Right to Buy), derivative security, weighted average price, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
fully vested financial
"These options are fully vested and will expire on November 18, 2026."
FAQ
What insider transaction did Aramark (ARMK) report for Lauren A. Harrington?
Aramark reported that EVP and General Counsel Lauren A. Harrington exercised options for 18,363 shares and sold the same number in open-market trades. The filing details both the strike prices and the weighted average sale prices for these transactions.
What option strike prices did Lauren A. Harrington exercise at Aramark (ARMK)?
Lauren A. Harrington exercised stock options for 9,511 shares at a $29.38 strike price and 8,852 shares at a $24.58 strike price. These fully vested options were approaching expirations scheduled in November 2026 and November 2027, respectively, according to the filing footnotes.
Were Lauren A. Harrington’s Aramark (ARMK) stock sales executed in a single trade or multiple trades?
The sales were executed in multiple trades at different prices. Footnotes state the reported prices are weighted averages, with individual sale prices ranging from $53.080 to $53.130 and from $53.010 to $53.080 per share, respectively.