Form 4: Aramark Director Greg Creed Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Greg Creed reports acquisition and disposal of Aramark common stock due to dividend equivalent rights.
Summary
- On February 28, 2024, Greg Creed, a director of Aramark, reported changes in beneficial ownership of the company's common stock.
- Creed acquired 148.465 shares of common stock through dividend equivalent rights at a price of $0.
- Creed also disposed of shares.
- Following the reported transactions, Creed beneficially owns 48,016.594 shares of Aramark common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral as the filing is a routine disclosure of stock transactions related to dividend equivalent rights. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to dividend equivalent rights, which are common in deferred compensation plans.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares related to dividend equivalent rights.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction: acquisition and disposal of common stock. |
| 03/01/2024 | Date of signature for the report. |
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