Form 4: Aramark SVP and CFO James J. Tarangelo Reports Stock Disposals for Tax Obligations

Aramark's SVP and CFO, James J. Tarangelo, disposed of company stock to cover tax obligations related to vesting restricted stock units.

Summary

• James J. Tarangelo, the SVP and CFO of Aramark, reported the disposal of company common stock on November 17, 2024, and November 18, 2024.
• These disposals were made to cover tax liabilities arising from the vesting of restricted stock units.
• On November 17, 2024, 594.08 shares were disposed of at a price of $37.36 per share.
• On November 18, 2024, 875.951 shares were disposed of at a price of $37.36 per share.
• Following these transactions, Mr. Tarangelo directly owns 39,138.411 shares of Aramark common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, with no significant positive or negative implications.

Industry Context

This is a routine filing related to stock transactions by a company executive, which is common practice for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are typical for executives who receive stock-based compensation and need to cover tax liabilities upon vesting.

Stakeholder Impact

• The stock disposals have a minimal impact on shareholders as they are related to tax obligations of an executive.

Key Dates

Keywords

Aramark, stock disposal, insider trading, Form 4, James J. Tarangelo, CFO, restricted stock units, tax obligations