HEYER ANDREW R 4
Research Summary
AI-generated summary
ARKO Director Andrew R. Heyer Receives 6,118 RSU Award
What Happened
- Andrew R. Heyer, a director of ARKO Corp. (ARKO), was granted 6,118 restricted stock units (RSUs) on 2026-04-01. The grant is recorded as a derivative acquisition (code A) at $0.00, meaning no cash was paid for the award. Each RSU represents the right to receive one share of ARKO common stock on a one-for-one basis.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-02 (timely filing).
- Grant amount and price: 6,118 RSUs acquired at $0.00 (derivative award).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: The RSUs are immediately vested and convert to one share per unit upon the earlier of (i) the reporting person's termination of service (for any reason) or (ii) a change of control of the company.
- Transaction code: A = Award/Grant (derivative security).
Context
- This is an equity award, not an open-market purchase or sale. Although the RSUs vested immediately, actual stock delivery is conditioned on termination or a change of control, so this does not represent an immediate acquisition of tradable shares.
- Such awards are typically compensation-related and should be viewed as corporate compensation activity rather than a direct buy (bullish signal) or sale.