HEYER ANDREW R 4

What Happened Andrew R. Heyer, a director of ARKO Petroleum Corp. (APC), was granted 1,029 restricted stock units (RSUs) on July 1, 2026. The Form 4 reports the acquisition as 1,029 shares at $0.00 (no cash paid at grant). This is an equity award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-07-01; Form 4 filed 2026-07-02. Transaction code: A (award/grant).
• Amount: 1,029 RSUs reported at $0.00 per share (total reported consideration $0).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: The RSUs are immediately vested but convert into one share of Class A common stock per RSU only upon the earlier of (i) the reporting person’s termination of service or (ii) a change in control of the Company (see footnote F1).
• Timeliness: Filing appears timely (filed the day after the grant).

Context RSUs are a common form of executive/director compensation. Although these units are vested immediately, the underlying shares are not delivered until a triggering event (termination or change in control), so there was no cash exchange or immediate share transfer in the market. Such grants are routine and do not necessarily indicate the insider’s view on the stock.