Form 4: Aramark Executive Christopher T. Schilling Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Christopher T. Schilling, SVP, Controller and CAO of Aramark, disposed of 862 shares of common stock on June 1, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On June 1, 2024, Christopher T. Schilling, SVP, Controller and CAO of Aramark, reported a transaction involving the disposal of 862 shares of Aramark common stock.
- The shares were disposed of to cover tax obligations related to the vesting of restricted stock units.
- The price per share was $32.15.
- Following the transaction, Schilling directly owns 30,883.108 shares of Aramark common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of the stock disposal transaction. |
| 06/04/2024 | Date of signature on the Form 4 filing. |
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