Aramark COO granted 74,020 RSUs
Aramark reported that Marc A. Bruno, its COO, U.S. Food & Facilities, acquired 74,020 shares of common stock through a grant of restricted stock units at a reference price of $40.53 per share.
Rhea-AI Filing Summary
Aramark reported that Marc A. Bruno, its COO, U.S. Food & Facilities, acquired 74,020 shares of common stock through a grant of restricted stock units at a reference price of $40.53 per share. These units vest on the earlier of the third anniversary of grant or six months after a new permanent Chief Executive Officer’s succession date, subject to his continued employment. Following this award, his directly held common stock position increased to 370,834.053 shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 74,020 | $40.53 | $3.00M |
Footnotes (1)
- F1. Represents restricted stock units, which vest on the earlier to occur of: (i) the third anniversary of the date of grant; and (ii) the date that is six months following the date (the "Succession Date") upon which a successor Chief Executive Officer appointed by the Board on a permanent basis commences active employment with the Issuer (or such earlier date following the Succession Date as may be determined by the Board in its sole discretion), subject to the reporting person's continued employment with the Issuer through such vesting date.
FAQ
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What insider transaction did Aramark (ARMK) disclose for Marc A. Bruno?
When do Marc A. Bruno’s Aramark (ARMK) restricted stock units vest?
How did the stock grant affect Marc A. Bruno’s Aramark (ARMK) holdings?
What conditions are tied to Marc A. Bruno’s Aramark (ARMK) restricted stock units?
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