Form 4: Aramark SVP and CFO James J. Tarangelo Reports Stock Transaction
SEC Form 4 Filing
Aramark's SVP and CFO, James J. Tarangelo, reported a transaction involving the disposal of 1,118 shares of common stock to cover taxes related to vesting restricted stock units.
Summary
- James J. Tarangelo, the SVP and CFO of Aramark, filed a Form 4 disclosing a transaction.
- The transaction involved the disposal of 1,118 shares of Aramark common stock.
- The shares were disposed of on January 16, 2025, at a price of $39.27 per share.
- This disposal was to cover tax obligations related to the vesting of restricted stock units.
- Following the transaction, Tarangelo beneficially owns 48,269.294 shares of Aramark common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's stock transaction. It does not indicate any positive or negative sentiment about the company's performance.
Industry Context
This is a routine filing related to insider transactions and is common for executives who receive stock-based compensation. It does not indicate any specific trend or change in the company's performance or outlook.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive compensation practices.
- Similar filings are made by executives at comparable companies such as Compass Group and Sodexo when they have stock transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/16/2025 | Date of the stock transaction. |
| 01/17/2025 | Date the Form 4 was signed. |
Keywords
Aramark, Form 4, insider trading, stock transaction, James J. Tarangelo, SVP, CFO, restricted stock units, tax obligations
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