HEYER ANDREW R 4
Research Summary
AI-generated summary
ARKO Director Andrew R. Heyer Receives 5,821 RSU Award
What Happened
- Andrew R. Heyer, a director of ARKO Corp. (ARKO), was granted 5,821 restricted stock units (RSUs) on July 1, 2026. The award was reported as a derivative acquisition (transaction code A) with an acquisition price of $0.00 — i.e., no cash payment. This is a compensation award (grant), not a market purchase or sale.
Key Details
- Transaction date: 2026-07-01; Filing date (Form 4): 2026-07-02 (timely filing).
- Grant: 5,821 RSUs; reported acquisition price: $0.00 (no cash paid).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: RSUs convert one-for-one into common shares. They are described as immediately vested and will be settled (convert to shares) on the earlier of (i) the reporting person’s termination of service or (ii) a change of control of the company.
- Transaction code: A (award/grant). No indication of a 10b5-1 plan, tax withholding sale, or other special arrangements in the provided notes.
Context
- RSUs are a form of equity compensation. Although these units are vested immediately, they are structured to convert into actual shares only upon certain events (termination of service or a change of control), per the filing footnotes. Because this was a grant rather than an open-market purchase, it mainly reflects compensation terms rather than a direct insider buy or sell signal.