SADOVE STEPHEN I 4
Research Summary
AI-generated summary
Aramark (ARMK) Director Stephen Sadove Receives Award
What Happened Stephen I. Sadove, a director of Aramark (ARMK), was granted 199.022 shares (reported as an acquisition, code A) on 2026-06-03. The grant was recorded at $0.00 per share (total reported value $0) because these are dividend-equivalent rights credited on deferred stock units rather than a cash purchase.
Key Details
- Transaction date: 2026-06-03; Filing date: 2026-06-04 (timely).
- Transaction type/code: A — Award/Grant/Other acquisition of 199.022 units at $0.00.
- Reported value: $0 (dividend-equivalent credits, not a cash purchase).
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: These represent dividend equivalent rights accrued to deferred stock units and vest on the same schedule as the underlying awards.
Context This was a non-cash award of dividend-equivalent deferred stock units. Such grants reflect dividend crediting on previously deferred awards and do not necessarily indicate a buy or sell sentiment; they are routine compensation/benefit accruals for insiders.