Form 4: Aramark Executive James J. Tarangelo Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
SVP and CFO of Aramark, James J. Tarangelo, reports the acquisition of dividend equivalent rights related to restricted stock units.
Summary
- On September 3, 2024, James J. Tarangelo, SVP and CFO of Aramark, acquired 65.854 dividend equivalent rights related to the Issuer's quarterly dividend.
- These rights accrued to the reporting person on restricted stock units and a portion of previously granted performance stock units.
- Following the transaction, Tarangelo beneficially owns 40,905.58 shares of Aramark common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reports a routine transaction related to dividend equivalent rights, which is a normal part of executive compensation.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 09/05/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.