Alonso Sergio Daniel 4
4 · Arcos Dorados Holdings Inc. · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Arcos Dorados (ARCO) Director Alonso Daniel Receives Cash-Settled Award
What Happened
Alonso Sergio Daniel, a director of Arcos Dorados Holdings Inc. (ARCO), had 4,988 Phantom Restricted Stock Units (Phantom RSUs) vest on April 30, 2026. The Phantom RSUs were cash-settled automatically under the award agreement, resulting in proceeds of approximately $44,493 (calculated at $8.92 per unit). This was a cash settlement of an award—not a purchase of shares.
Key Details
- Transaction date: April 30, 2026. Report filed May 4, 2026 (timely within the Form 4 two-business-day window).
- Instrument/transaction type: Phantom RSU vesting and cash settlement (reported as exercise/conversion of a derivative).
- Units settled: 4,988 Phantom RSUs. Per-unit amount shown: $8.92; total cash reported: $44,493.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Relevant footnotes: F1 — Each Phantom RSU equals the cash equivalent of one Class A share’s closing price plus dividends (if any). F2 — The Phantom RSUs vested and were settled in cash automatically pursuant to the award agreement, without instruction from the director.
Context
Phantom RSUs are cash-settled awards, so this transaction did not transfer Class A shares to the director and does not represent a buy or sell of company stock on the open market. Cash settlements are routine compensation events and should not be interpreted as a direct bullish or bearish signal about the stock.
Insider Transaction Report
- Exercise of In-Money
Class A common share
[F1]2026-04-30+4,988→ 4,988 total - Exercise of In-Money
Class A common share
2026-04-30$8.92/sh−4,988$44,493→ 0 total - Exercise of In-Money
Phantom Restricted Stock Unit
[F1][F2]2026-04-30−4,988→ 0 totalFrom: 2026-04-30Exp: 2026-04-30→ Class A common share (4,988 underlying)
- 238,935(indirect: Held by Taribo Capital Limited)
Class A common share
Footnotes (2)
- [F1]Each Phantom Restricted Stock Unit ("Phantom RSU") represents the cash equivalent of the closing price of one Class A common share on the vesting date, plus any dividends paid on the Class A common share, if any, since the grant date.
- [F2]On April 30, 2026, the Phantom RSUs vested and were settled in cash automatically pursuant to the issuer's Phantom RSU Award Agreement, without any instruction from the reporting person.