Aramark (ARMK) CFO Reports 60.475 Share Accrual on Form 4
Rhea-AI Filing Summary
Aramark (ARMK) Form 4: James J. Tarangelo, SVP and Chief Financial Officer, reported an acquisition on 08/20/2025 of 60.475 common stock units described as dividend equivalent rights tied to restricted stock units; the units were recorded at a $0 price because they represent accrued dividend equivalents rather than a cash purchase. After this transaction Tarangelo beneficially owns 48,454.846 shares. The filing was signed by an attorney-in-fact on 08/21/2025. The filing notes the dividend equivalents vest on the same schedule as the underlying restricted stock awards.
Positive
- Reported acquisition increases executive beneficial ownership to 48,454.846 shares
- Disclosure aligns with standard Section 16 reporting and describes vesting terms for dividend equivalents
Negative
- None.
Insights
TL;DR: Routine insider accrual increases executive ownership slightly via dividend equivalent settlement; immaterial for valuation.
The reported acquisition of 60.475 dividend-equivalent shares at $0 is a non-cash, compensation-related adjustment tied to existing restricted stock units. This raises the reporting person’s beneficial ownership to 48,454.846 shares, a small incremental change relative to typical executive holdings at large-cap companies. There is no cash outlay and no change to company capital structure. For investors, this is a standard compensation vesting event and not a material corporate development.
TL;DR: Compensation-related vesting disclosed properly; governance procedures appear followed.
The Form 4 discloses dividend equivalent rights credited to the CFO that vest on the same schedule as underlying restricted stock units, suggesting standard award terms and consistent reporting. The filing is timely and signed by an attorney-in-fact, indicating adherence to Section 16 reporting practices. There is no indication of accelerated vesting, related-party transactions, or other governance concerns based on this disclosure alone.