[Form 4] ARAMARK Insider Trading Activity

Rhea-AI Filing Summary

John J. Zillmer, Director and Chief Executive Officer of Aramark (ARMK), reported a non‑derivative acquisition on 08/20/2025 of 721.338 shares of Aramark common stock at a reported price of $0. After the transaction the filing lists 832,546.749 shares beneficially owned by the reporting person. The filing states these shares represent dividend equivalent rights that accrued on restricted stock units and vest on the same schedule as the underlying awards.

The Form 4 was signed by an attorney‑in‑fact on 08/21/2025. No cash purchase price was reported because the grant reflects dividend equivalents tied to existing restricted stock units rather than an open‑market purchase or sale.

Positive

• Dividend equivalent issuance credited to RSUs, preserving executive alignment with long‑term incentives
• Timely reporting with transaction dated 08/20/2025 and Form 4 signed 08/21/2025 by attorney‑in‑fact

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider received dividend equivalent shares on RSUs, modestly increasing his holdings; transaction appears administrative, not a market purchase.

The reported acquisition of 721.338 shares at $0 reflects dividend equivalent rights credited on restricted stock units rather than a cash acquisition. Such dividend equivalent issuances are common as compensation accounting events and typically have limited immediate market impact. The filing shows total beneficial ownership of 832,546.749 shares, but the document does not provide company outstanding share count or percentage ownership, so relative size cannot be assessed from this Form 4 alone.

Corporate Governance Expert

TL;DR: CEO and director received dividend equivalents on RSUs; disclosure is routine and consistent with executive compensation practices.

The explanation clarifies these are dividend equivalent rights that vest with the underlying restricted stock units, indicating alignment of compensation with long‑term incentive structures. The transaction date and attorney‑in‑fact signature are provided, meeting Section 16 reporting protocols. The filing does not indicate any change in officer status or unusual trading program, and contains no additional governance events.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ZILLMER JOHN J

(Last) (First) (Middle)

C/O ARAMARK

2400 MARKET STREET

(Street)

PHILADELPHIA PA 19103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Aramark [ ARMK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/20/2025		A		721.338(1)	A	$0	832,546.749	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on restricted stock units. These dividend equivalent rights vest on the same schedules as the underlying awards.

Remarks:

	/s/ Ryan S. Spengler, as Attorney-in-fact	08/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ARMK insider John J. Zillmer report on Form 4?

He reported an acquisition on 08/20/2025 of 721.338 shares through dividend equivalent rights on restricted stock units.

Was cash paid for the shares reported on this Form 4?

No. The filing lists a price of $0, indicating the shares were issued as dividend equivalents rather than purchased for cash.

How many Aramark shares does the reporting person beneficially own after the transaction?

The Form 4 reports 832,546.749 shares beneficially owned following the reported transaction.

What is the nature of the issued shares according to the filing?

The filing states these are dividend equivalent rights that accrued on restricted stock units and vest on the same schedule as the underlying awards.

Who signed the Form 4 and when?

The Form 4 was signed by Ryan S. Spengler, as Attorney‑in‑fact on 08/21/2025.