FRIEDMAN AVRAM Z 4
Research Summary
AI-generated summary
ARKO Petroleum (APC) Director Avram Z. Friedman Receives RSU Award
What Happened
- Avram Z. Friedman, a director of ARKO Petroleum Corp. (APC), was awarded 7,559 restricted stock units (RSUs) on April 29, 2026. The filing shows an acquisition price of $0.00 (total $0) — this is a grant/award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-29; reported on Form 4 filed 2026-05-01 (timely filing).
- Amount: 7,559 RSUs granted; reported acquisition price $0.00 (total reported value $0).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The RSUs are immediately vested and each RSU entitles the holder to one share of Class A common stock on a one-for-one basis. Settlement occurs upon the earlier of (i) the reporting person’s termination of service (for any reason) or (ii) a change in control of the company.
- Filing timeliness: Report appears timely (filed two business days after the transaction).
Context
- RSUs are a form of equity compensation. Although these RSUs are immediately vested, they do not convert into tradable shares until the defined settlement events occur (termination or change in control), so this grant does not immediately increase the number of shares available for sale.
- Awards like this are generally compensation-related and shouldn't be interpreted as a straightforward buy/sell signal about the director's private view of the stock.