Edmiston Sherman III 4

What Happened

• Edmiston Sherman III, a director of ARKO Corp. (ARKO), was granted 21,262 restricted stock units (RSUs) on June 4, 2026. The grant is coded as an award (A) and reported as a derivative acquisition with a reported price of $0.00 (no cash paid).
• The RSUs are immediately vested but do not convert into actual shares until the earlier of the reporting person’s termination of service or a change of control of the company.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (filed within the two-business-day reporting window).
• Transaction type/code: Award/Grant (A); derivative securities (RSUs).
• Shares/units granted: 21,262 RSUs; reported acquisition value: $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1—each RSU entitles holder to one share on a one-for-one basis; F2—RSUs are immediately vested but payable upon termination or change of control.
• Not a sale or open-market purchase—this is a compensation award, not a market trade.

Context

• RSUs are a common form of equity compensation; although vested here, these units are still contingent and will only be delivered as shares upon specified events (termination or change of control), so they do not immediately increase the company’s outstanding share count.
• This transaction is informational about insider compensation rather than a direct bullish or bearish market signal (no cash purchase or sale occurred).