Edmiston Sherman III 4

What Happened
Edmiston Sherman III, a director of ARKO Petroleum Corp. (APC), was granted 5,497 restricted stock units (RSUs) on 2026-04-29. The award is reported as an acquisition at $0.00, i.e., no cash was paid; the RSUs are immediately vested and provide the right to receive one share of Class A common stock per RSU upon the earlier of the reporting person’s termination of service or a change in control.

Key Details

• Transaction date: 2026-04-29; Transaction type/code: Award/Grant (A).
• Shares/units granted: 5,497 RSUs; reported acquisition price: $0.00 (total reported value $0).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: RSUs are immediately vested but will convert to actual shares only upon (i) termination of the reporting person’s service or (ii) a change in control of the company.
• Filing: Reported on 2026-05-01 (appears timely for a Form 4 filing).

Context
This was an award of RSUs (not an open-market purchase or sale). Because the units convert to shares only on certain events, this grant does not immediately increase publicly tradable shares held by the director. Awards like this are typically part of compensation or retention arrangements and do not by themselves signal buying or selling intent.