Edmiston Sherman III 4
4 · ARKO Corp. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
ARKO Director Edmiston Sherman III Receives 437 RSU Award
What Happened Edmiston Sherman III, a director of ARKO Corp. (ARKO), was granted 437 restricted stock units (RSUs) on April 1, 2026. The grant is reported as a derivative award (price $0.00); no cash changed hands. RSUs give the holder the right to one share of common stock per unit.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-02 (timely—within required reporting window).
- Grant: 437 RSUs; reported acquisition price $0.00 (award/derivative, code A).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote summary:
- F1: Each RSU converts one-for-one to one share of ARKO common stock.
- F2: The RSUs are immediately vested but will be settled (shares delivered) upon the earlier of (i) the reporting person’s service termination or (ii) a change of control.
- No tax-withholding or 10b5-1 plan indicated in the provided details.
Context This is a grant of restricted stock units (an award), not an open-market purchase or sale. Because the RSUs are immediately vested but payable only upon termination or a change in control, they represent a deferred equity award rather than immediate share ownership or a cash transaction. Awards like this are common for directors and do not, by themselves, indicate a buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-04-01+437→ 98,808 total→ Common Stock, par value $0.0001 per share (437 underlying)
Footnotes (2)
- [F1]Restricted stock units ("RSUs") provide for the right to receive one share of common stock, $0.0001 par value per share ("common stock"), of ARKO Corp. (the "Company") on a one-for-one basis.
- [F2]The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change of control of the Company.