FRIEDMAN AVRAM Z 4
4 · ARKO Corp. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
ARKO Director Avram Z. Friedman Receives 21,262 RSU Award
What Happened
Avram Z. Friedman, a director of ARKO Corp. (ARKO), was granted 21,262 restricted stock units (RSUs) on 2026-06-04. The award shows an acquisition price of $0.00 (derivative grant), meaning no cash was paid. Per the filing, the RSUs are immediately vested but will convert into one share of common stock per RSU upon the earlier of (i) the end of his service with the company or (ii) a change of control.
Key Details
- Transaction date: 2026-06-04; Form 4 filed 2026-06-08.
- Grant type/code: A (award/grant); 21,262 RSUs @ $0.00 (derivative).
- Vesting/settlement: RSUs are immediately vested but settlement into common stock occurs on termination of service or change of control (footnotes F1 & F2).
- Shares owned after transaction: Not specified in the provided excerpt.
- Filing timeliness: No late-filing flag indicated in the filing.
Context
This was an equity award (not a market purchase or sale). RSU grants are commonly used for director compensation and, because settlement is contingent on termination or a change of control, they do not represent immediate share transfers to the market. Such awards increase the insider's potential future share ownership but are not direct purchases that typically signal immediate bullish conviction.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-04+21,262→ 143,339 total→ Common Stock, par value $0.0001 per share (21,262 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.