Aramark (ARMK) director Stephen Sadove reports new stock-based award and trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SADOVE STEPHEN I reported acquisition or exercise transactions in this Form 4 filing.
Aramark director Stephen I. Sadove reported routine equity compensation changes. He received 199.022 shares of common stock at no cost, representing dividend equivalent rights that accrued on his deferred stock units and vest on the same schedule as the underlying awards. Following this grant, he directly holds 102,506.767 common shares and indirectly holds 15,000 shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SADOVE STEPHEN I
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 199.022 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 102,506.767 shares (Direct, null);
Common Stock — 15,000 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent rights granted: 199.022 shares
Grant price per share: $0.0000 per share
Direct holdings after transaction: 102,506.767 shares
+3 more
6 metrics
Dividend equivalent rights granted
199.022 shares
Common Stock grant coded as award on 2026-06-03
Grant price per share
$0.0000 per share
Price for 199.022 dividend equivalent rights
Direct holdings after transaction
102,506.767 shares
Common Stock directly owned by Stephen I. Sadove
Indirect trust holdings
15,000 shares
Common Stock held indirectly by trust
Transaction code
A
Grant, award, or other acquisition of common stock
Acquire transactions count
1 transaction
Non-derivative acquisition reported in transactionSummary
Key Terms
dividend equivalent rights, deferred stock units, grant, award, or other acquisition, indirect ownership
4 terms
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's quarterly dividend"
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.
deferred stock units financial
"accrued to the reporting person on deferred stock units held by the reporting person"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
grant, award, or other acquisition regulatory
"transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
FAQ
What did Aramark (ARMK) director Stephen Sadove report on this Form 4?
Stephen I. Sadove reported an acquisition of 199.022 Aramark common shares as dividend equivalent rights on deferred stock units. These rights were granted at no cost and vest on the same schedule as the related awards, reflecting routine equity-based compensation adjustments.
Were there any open-market buys or sells by Stephen Sadove in this Aramark (ARMK) Form 4?
No open-market purchases or sales were reported. The filing shows an acquisition coded as a grant or award and a separate holding entry for indirectly owned shares through a trust, indicating routine equity compensation and ownership reporting rather than trading activity.
How are Stephen Sadove’s indirect Aramark (ARMK) holdings structured?
Sadove reports 15,000 Aramark common shares as indirect ownership held "By Trust." This indicates the shares are owned through a trust arrangement, which is disclosed separately from his 102,506.767 directly held shares to clarify the nature of his beneficial holdings.