Aramark (ARMK) COO Bruno Marc A Exercises Options, Sells Shares

What Happened
Bruno Marc A, COO of U.S. Food & Facilities at Aramark, exercised three vested option grants on 2026-08-13 to acquire a total of 210,402 shares (78,689; 57,060; 74,653). The reported exercise cost totaled $5,588,904. Of the 210,402 shares acquired, 139,768 were withheld by the company to cover the exercise price and tax withholding (valued at $8,434,999), and 70,634 were sold in open-market transactions for combined proceeds of $4,310,717. The filing shows corresponding derivative conversion entries (options converted to shares).

Key Details

• Transaction date: 2026-08-13; Form filed 2026-08-14 (timely, next-business-day filing).
• Options exercised: 210,402 shares (three grants), cash paid at exercise: $5,588,904.
• Shares withheld for exercise/taxes (F): 139,768 shares at $60.35 each (value $8,434,999).
• Open-market sales (S): 55,245 shares at a weighted average ~$60.92 (range $60.35–$61.34) and 15,389 shares at a weighted average ~$61.42 (range $61.35–$61.50); total sales proceeds $4,310,717.
• Total shares disposed equals shares acquired (210,402), so there was no net increase in holdings from this exercise.
• Footnotes: options were fully vested and scheduled to expire on Nov 18, 2026; Nov 16, 2027; and Nov 15, 2028. F1 indicates issuer withheld shares to cover exercise price/taxes; F2/F3 explain weighted‑average sale prices and price ranges.

Context
This was a cashless-style exercise: options were exercised and the resulting shares were used to satisfy the exercise price and tax withholding and to execute open-market sales. Transaction codes: M = option exercise, F = shares withheld for exercise/tax, S = open-market sale. These entries are routine for option exercises and tax-related withholding; they do not by themselves indicate a change in the insider’s long-term view.