ARKO Corp.·4

Mar 3, 4:30 PM ET

Nuchamovitz Eyal 4

Research Summary

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Updated

ARKO EVP Eyal Nuchamovitz Receives Awards, Withholds Shares for Taxes

What Happened

  • Eyal Nuchamovitz, Executive Vice President — Business Development & M&A at ARKO Corp. (ARKO), received a mix of awards and conversions of derivative units and had shares withheld to cover tax obligations. The filing shows gross acquisitions of 166,276 shares (combining awards and conversions) and disposals/withholdings totaling 70,693 shares. Two tax-withholding disposals (codes F) show 20,960 shares withheld on 2026-02-27 for $134,773 and 13,774 shares withheld on 2026-03-01 for $88,567 (total tax withholding ≈ $223,340). Net increase in his position from these transactions is 95,583 shares (166,276 acquired − 70,693 disposed).
  • These were award/vesting and derivative-conversion events (not open-market sales or purchases). The tax-withholding disposals represent routine withholding/cashless settlement to cover tax liabilities rather than a market sale for cash.

Key Details

  • Transaction dates/prices: 2026-02-27 (awards + 20,960 shares withheld @ $6.43 = $134,773); 2026-03-01 (conversions + 13,774 shares withheld @ $6.43 = $88,567). Several conversions/exercises (code M) and awards (code A) recorded at $0.00 per share for the conversions/awards themselves.
  • Shares acquired (gross): 166,276 shares. Shares disposed/withheld: 70,693 shares. Net shares added: 95,583 shares.
  • Shares owned after the transactions: not specified in the information provided in this summary (check the full Form 4 for “Amount Owned Following Reported Transaction”).
  • Footnotes: filing references performance stock units granted March 2, 2023 and restricted stock units (RSUs). RSUs/PSUs vest per scheduled vesting (three equal annual installments starting March 1 in various years per footnotes).
  • Timeliness: Filing dated 2026-03-03 for transactions on 2026-02-27 and 2026-03-01 — reported within the standard two-business-day Form 4 window (timely).

Context

  • The filing uses code M for conversions/exercises and code F for payment of tax liabilities: this indicates the awards/derivatives were converted/vested and some shares were surrendered/withheld to satisfy taxes (a common cashless settlement method), not an open-market sale.
  • These award- and vesting-driven transactions are routine for executives receiving equity compensation; purchases are generally more indicative of a bullish signal than routine vesting or tax withholding.