[Form 4] Aramark Insider Trading Activity

Rhea-AI Filing Summary

Aramark insider activity: James J. Tarangelo, Aramark (ARMK) SVP and CFO, reported option-related transactions dated 09/18/2025. He exercised 7,909 stock options with a $23.55 exercise price and simultaneously sold 6,199 shares to cover the exercise price and tax withholding, resulting in 50,164.846 shares beneficially owned after the transactions. The exercised options were fully vested and expire on 11/20/2025. The filing is signed by an attorney-in-fact on 09/19/2025.

Positive

• Detailed disclosure of exercise, sale to cover, vesting status, strike price ($23.55) and expiration date (11/20/2025)
• Substantial remaining ownership: 50,164.846 shares beneficially owned after the transactions

Negative

• Net disposition of 6,199 shares to satisfy exercise price and tax withholding reduced the immediate share increase from the exercise

Insights

Securities Analyst

TL;DR: CFO exercised vested options and sold a portion to satisfy costs, leaving substantial ownership; routine insider liquidity event, not novel.

The filing documents a common option exercise paired with a share disposition to cover exercise costs and tax withholding. The transaction reduces net shares acquired from the exercise but leaves the reporting person with 50,164.846 shares beneficially owned. The options exercised carry a $23.55 strike and expire on 11/20/2025. For investors, this is a routine executive liquidity action rather than evidence of a strategic change in ownership or control.

Corporate Governance Expert

TL;DR: Disclosure is timely and complete for Section 16 reporting: exercise, sale to cover, and vesting/expiration details are provided.

The Form 4 provides required detail: transaction codes, quantities, prices, and post-transaction beneficial ownership. It notes the net exercise and that options were fully vested. The signature by attorney-in-fact is present. From a compliance and governance perspective, the filing appears to meet Section 16 disclosure obligations.

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

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

1. Name and Address of Reporting Person^*

Tarangelo James J.

(Last) (First) (Middle)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2025

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	09/18/2025		M		7,909	A	$23.55	56,363.846	D
Common Stock	09/18/2025		F		6,199	D	$37.645(1)	50,164.846	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
Stock Option (Right to Buy)	$23.55	09/18/2025		M			7,909	(2)	11/20/2025	Common Stock	7,909	$0	0	D

Explanation of Responses:

1. Represents a net exercise of a stock option expiring on November 20, 2025, in which shares of Common Stock were disposed to satisfy the payment of the exercise price and tax withholding obligations.

2. These options are fully vested and are set to expire on November 20, 2025.

Remarks:

	/s/ Ryan S. Spengler, as Attorney-in-fact	09/19/2025
	** 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 transactions did Aramark (ARMK) CFO James Tarangelo report on Form 4?

The report shows a net exercise of 7,909 options at a $23.55 strike on 09/18/2025 and the disposition (sale) of 6,199 shares to cover exercise price and taxes.

How many Aramark shares does James Tarangelo beneficially own after the reported transactions?

He beneficially owns 50,164.846 shares following the transactions.

Were the exercised options vested and when do they expire?

Yes, the filing states the options are fully vested and expire on 11/20/2025.

What was the exercise price and sale price reported in the Form 4?

The option exercise price was $23.55; the shares sold to cover withholding show a price of $37.645 per share.

When were these transactions reported on the Form 4?

The transactions are dated 09/18/2025 and the Form 4 bears a signature date of 09/19/2025.