4Filed Sep 9, 8:00 PM ET
Aramark Director Stephen Sadove Receives Award (187.656 shares)
$ARMK · AramarkResearch Summary
AI-generated summary of this SEC filing
Aramark Director Stephen Sadove Receives Award (187.656 shares)
What Happened
- Stephen I. Sadove, a director of Aramark (ARMK), was granted 187.656 shares (reported as an award/acquisition) on 2026-09-09. The filing reports an acquisition price of $0.00 (value reported as $0), consistent with dividend-equivalent rights rather than a cash purchase.
Key Details
- Transaction date: 2026-09-09; Form 4 filed: 2026-09-10 (appears timely).
- Transaction type/code: A — Award/Grant/Other acquisition.
- Shares reported: 187.656 shares acquired at $0.00 per share (total reported $0).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: These represent dividend equivalent rights accrued on deferred stock units (DSUs). Per the filing, the dividend equivalents vest on the same schedule as the underlying DSUs (see footnote F1).
- No 10b5-1 plan, tax withholding, or other special mechanics were reported in the excerpt.
Context
- These were dividend-equivalent awards tied to deferred stock units, not an open-market purchase or sale. Such grants are typically part of director compensation and do not necessarily indicate a personal buy/sell decision or market view.
- Because the award was recorded at $0.00, it reflects accrual of rights rather than a cash transaction; future vesting or settlement rules will determine when/if shares or cash are delivered.