Aramark (NYSE: ARMK) director gains dividend equivalent stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aramark director Kenneth M. Keverian received additional common stock through dividend equivalents on deferred stock units. On the reported date, he acquired 65.171 shares of Aramark common stock at a stated price of $0.0000 per share, reflecting a grant or award rather than a market purchase.
After this award, Keverian directly held a total of 29,142.377 shares of Aramark common stock. The footnote explains that these shares represent dividend equivalent rights tied to Aramark’s quarterly dividend, accruing on deferred stock units and vesting on the same schedule as the underlying awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KEVERIAN KENNETH M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 65.171 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,142.377 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 65.171 shares
Total holdings after transaction: 29,142.377 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Shares acquired
65.171 shares
Dividend equivalent rights on deferred stock units
Total holdings after transaction
29,142.377 shares
Common stock directly held after award
Grant price per share
$0.0000 per share
Stated price for awarded dividend equivalent shares
Non-derivative acquisition count
1 transaction
Form 4 transaction summary acquireCount
Key Terms
dividend equivalent rights, deferred stock units, quarterly dividend, vest
4 terms
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred stock units"
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.
quarterly dividend financial
"Represents dividend equivalent rights in connection with the Issuer's quarterly dividend"
A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.
vest financial
"These dividend equivalent rights vest on the same schedules as the underlying awards"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
