ARMK insider acquires 23,803 PSU-earned shares; vesting in 2026
Rhea-AI Filing Summary
Aramark (ARMK) reported an insider equity transaction by its SVP and General Counsel. On 11/10/2025, performance criteria were certified for a previously granted performance stock unit award, resulting in an acquisition of 23,803 shares of common stock at $0.
The award reflects shares earned for the three-year period ending October 3, 2025, and includes dividend equivalents accrued since grant. These shares remain subject to a time-based vesting restriction and will vest on October 2, 2026, per award terms. Following the reported transaction, the reporting person beneficially owns 120,734.448 shares directly.
The filing also notes the balance reflects an adjustment to a previously understated number of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,803 | $0.00 | -- |
Footnotes (1)
- The date of the transaction represents the date on which the financial performance criteria for a previously granted performance stock unit award were determined to have been satisfied. Represents the number of underlying shares of common stock determined to have been earned on a previously granted performance stock unit award based upon the satisfaction of certain financial performance criteria for the three-year period ending October 3, 2025 of such award. Also includes dividend equivalents accrued on such award since the date of grant calculated based upon the number of underlying shares of common stock earned. These shares remain subject to a time-based vesting restriction, and will vest on October 2, 2026, subject to the terms and conditions of the award. Balance reflects adjustment to previously understated number of shares.
FAQ
What did Aramark (ARMK) disclose in this Form 4?
An officer acquired 23,803 shares at $0 from a performance stock unit award after performance criteria were met on 11/10/2025.
Who is the reporting person in the Aramark (ARMK) filing?
The reporting person is Aramark’s SVP and General Counsel, filing as a single reporting person.
What period did the performance criteria cover for Aramark (ARMK)?
The performance criteria covered a three-year period ending on October 3, 2025.
Did the Aramark (ARMK) Form 4 note any adjustments?
Yes. It states the balance reflects an adjustment to a previously understated number of shares.
Were dividend equivalents included in the Aramark (ARMK) award?
Yes. The earned shares include dividend equivalents accrued since the date of grant.