Aramark (ARMK) CEO receives 973.624 dividend-equivalent share rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aramark Chief Executive Officer John J. Zillmer reported an acquisition of 973.624 shares of common stock-equivalent rights on a Form 4. These represent dividend equivalent rights that accrued on his existing restricted stock units and previously granted performance stock units in connection with Aramark’s quarterly dividend.
The dividend equivalent rights will vest on the same schedules as the underlying restricted stock unit and performance stock unit awards. After this award, Zillmer directly holds a reported total of 1,020,873.707 shares of Aramark common stock, including these newly credited rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ZILLMER JOHN J
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 973.624 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,020,873.707 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent rights granted: 973.624 shares
Shares held after transaction: 1,020,873.707 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
Dividend equivalent rights granted
973.624 shares
Grant/award acquisition on common stock equivalents
Shares held after transaction
1,020,873.707 shares
Direct Aramark common stock holdings after Form 4
Grant price per share
$0.0000 per share
Dividend equivalent rights credited at no cash cost
Transaction date
2026-06-03
Date of credited dividend equivalent rights
Transaction code
A
Grant, award, or other acquisition of stock-equivalent rights
Key Terms
dividend equivalent rights, restricted stock units, performance stock units, vest on the same schedules
4 terms
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person"
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 and previously granted performance 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
"restricted stock units and previously granted performance stock units that were determined to be earned held by the reporting person"
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.
vest on the same schedules financial
"These dividend equivalent rights vest on the same schedules as the underlying awards"
FAQ
What insider transaction did Aramark (ARMK) report for CEO John J. Zillmer?
Aramark reported that CEO John J. Zillmer acquired 973.624 common stock-equivalent dividend rights. These rights accrued on his existing restricted stock units and performance stock units as a result of Aramark’s quarterly dividend and were reported on a Form 4 filing.
What are the 973.624 dividend equivalent rights reported by Aramark (ARMK)?
The 973.624 dividend equivalent rights are additional common stock-equivalent units accrued from Aramark’s quarterly dividend. They are linked to Zillmer’s restricted stock units and earned performance stock units and follow the same vesting schedules as the underlying equity awards.
Do the dividend equivalent rights for Aramark’s CEO vest immediately?
No, the dividend equivalent rights do not vest immediately. According to the filing, these 973.624 rights vest on the same schedules as the underlying restricted stock units and previously granted, earned performance stock units already held by CEO John J. Zillmer.
What transaction code was used in Aramark (ARMK) CEO’s Form 4 filing?
The transaction code was "A," indicating a grant, award, or other acquisition. This code applies to the 973.624 dividend equivalent rights credited to CEO John J. Zillmer, which are tied to his existing equity awards and Aramark’s quarterly dividend.