Wills Kevin 4
Research Summary
AI-generated summary
Aramark (ARMK) Director Kevin Wills Receives 36.644-Share Award
What Happened
- Kevin Wills, a director of Aramark (ARMK), was credited with 36.644 shares on 2026-06-03 as an award/other acquisition. The reported acquisition price is $0.00, so the transaction shows $0 in cash paid. This reflects dividend-equivalent rights tied to deferred stock units, not an open-market purchase.
Key Details
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-04 (filed the next day).
- Shares acquired: 36.644; reported price per share: $0.00; total cash shown: $0.
- Shares owned after transaction: not disclosed in the summary provided (see the Form 4 for total beneficial ownership).
- Footnote: These shares represent dividend-equivalent rights accrued on deferred stock units and vest on the same schedule as the underlying awards (per footnote F1).
- Filing timeliness: appears timely (filed one day after the transaction).
Context
- This was an award of dividend-equivalent rights tied to deferred stock units, a common form of director compensation—not a market purchase or sale. Such awards typically reflect routine compensation and vesting schedules rather than an independent buy/sell signal.