Edmiston Sherman III 4

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.