Aramark SVP granted 32.911 dividend-rights shares
Aramark’s SVP, Controller and CAO received a small stock-based dividend equivalent award, modestly increasing his direct holdings.
Rhea-AI Filing Summary
Aramark (symbol: ARMK) is the issuer of record for a Form 4 filing submitted to the SEC. Schilling Christopher T. reported acquisition or exercise transactions in this Form 4 filing.
Aramark (ARMK) reported that Christopher T. Schilling, its SVP, Controller and CAO, received a grant of 32.911 shares of common stock on September 9, 2026. The award represents dividend equivalent rights accrued on his restricted stock units and earned performance stock units. Following this award, he directly holds 40,429.55 shares of Aramark common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 32.911 shares
Grant/Award
1 txn
Insider
Schilling Christopher T.
Role
SVP, Controller and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 32.911 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 40,429.55 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on restricted stock units and previously granted performance stock units that were determined to be earned held by the reporting person. These dividend equivalent rights vest on the same schedules as the underlying awards.
Key Figures
Shares granted: 32.911 shares
Price per share: $0.0000 per share
Shares held after transaction: 40,429.55 shares
3 metrics
Shares granted
32.911 shares
Dividend equivalent rights granted on September 9, 2026
Price per share
$0.0000 per share
Reported for the 32.911-share grant
Shares held after transaction
40,429.55 shares
Direct holdings of Christopher T. Schilling after the grant
Key Terms
dividend equivalent rights, restricted stock units, performance stock units
3 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.
restricted stock units financial
"accrued to the reporting person on restricted stock units and previously"
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
"and previously granted performance stock units that were determined"
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.
FAQ
What insider transaction did Aramark (ARMK) disclose for Christopher T. Schilling?
Aramark disclosed that Christopher T. Schilling received a grant of 32.911 shares of common stock on September 9, 2026, as dividend equivalent rights tied to his restricted stock units and earned performance stock units.
What are dividend equivalent rights in this Aramark (ARMK) Form 4 filing?
The filing states the shares represent dividend equivalent rights from Aramark’s quarterly dividend, which accrued on restricted stock units and previously granted performance stock units that were determined to be earned, vesting on the same schedules as the underlying awards.
Was the Aramark (ARMK) insider transaction made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating that the transaction was made under a Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.