Form 4: Aramark Director Karen Marie King Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Karen Marie King reports changes in beneficial ownership of Aramark common stock, including acquisition of dividend equivalent rights and disposal of shares.
Summary
- On February 28, 2024, Karen Marie King, a director of Aramark, reported acquiring 38.037 shares of common stock through dividend equivalent rights.
- These rights are associated with the issuer's quarterly dividend and accrue to the reporting person on deferred stock units.
- King also disposed of 32,442.923 shares of common stock.
- Following these transactions, King beneficially owns 32,442.923 shares of Aramark common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction: acquisition of dividend equivalent rights and disposal of common stock. |
| 03/01/2024 | Date of signature by Attorney-in-fact. |
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