Form 4: Aramark Director Greg Creed Acquires Shares and Holds Deferred Stock Units
SEC Form 4 Filing
Director Greg Creed acquired 1,052 shares of Aramark common stock at $31.36 per share and holds deferred stock units.
Summary
- On April 4, 2025, Greg Creed, a director of Aramark, acquired 1,052 shares of common stock at a price of $31.36 per share.
- Following the transaction, Creed directly owns 58,238.718 shares of Aramark common stock.
- Creed also indirectly owns 12,475 shares through a trust.
- The acquisition was a grant of fully vested deferred stock units, into which the director has elected to defer all of his cash retainer, which will be settled in shares of common stock on the first day of the seventh month after the date of the director's departure from the board.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, indicating continued investment in the company, but without strong positive or negative implications.
Positives
- The director's acquisition of shares demonstrates confidence in the company.
Future Outlook
The deferred stock units will be settled in shares of common stock on the first day of the seventh month after the date of the director's departure from the board.
Industry Context
Insider transactions are closely monitored as they can provide insights into management's perspective on the company's prospects. This transaction represents a director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Date of transaction: Greg Creed acquired 1,052 shares of Aramark common stock. |
| 04/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Aramark, Director, Greg Creed, Stock Acquisition, Deferred Stock Units, Beneficial Ownership, Form 4
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