HEYER ANDREW R 4

What Happened

• Andrew R. Heyer, a director of ARKO Corp. (ARKO), was granted 21,262 restricted stock units (RSUs) on June 4, 2026. The Form 4 reports the transaction as an award/grant (code A) with a reported acquisition price of $0.00 (derivative).
• The filing indicates each RSU converts one-for-one into a share of common stock. The RSUs are immediately vested but are payable upon the earlier of the reporting person's termination of service or a change of control (see footnotes).

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (filed within the two-business-day window following the transaction).
• Instrument/type: 21,262 Restricted Stock Units (derivative award), reported acquisition price $0.00.
• Shares owned after transaction: not specified in the filing for common shares (the filing reports the RSU grant amount).
• Notable footnotes: F1—RSUs convert 1:1 into common stock; F2—RSUs are immediately vested and payable on termination or change of control.
• Filing timeliness: Filed 6/8/2026 for a 6/4/2026 grant, consistent with the two-business-day Form 4 deadline.

Context

• RSUs are a derivative award (a right to receive shares later), not immediate open-market purchases or sales. Although these RSUs are vested immediately, the actual issuance of shares depends on the settlement conditions (termination or change of control).
• Awards to directors are a common form of compensation and do not by themselves indicate a buy or sell decision in the market.