ARKO.NASDAQArko CORP

Form 4: ARKO Corp. Executive Vice President, CFO Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Robert Giammatteo, Executive Vice President and CFO of ARKO Corp., reports the vesting and conversion of restricted stock units into common stock, along with a disposition of shares to cover tax obligations.

Summary

  • On March 1, 2025, Robert Giammatteo, the Executive Vice President and CFO of ARKO Corp., had 12,762 restricted stock units (RSUs) vest and convert into shares of common stock.
  • Also on March 1, 2025, Giammatteo disposed of 6,596 shares of common stock at a price of $4.51 per share to satisfy tax obligations related to the vesting of the RSUs.
  • Following these transactions, Giammatteo directly owns 6,166 shares of ARKO Corp. common stock and 25,523 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions, with no inherent positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates

DateDescription
02/28/2025Date of Earliest Transaction
03/01/2025Restricted stock units vest and convert into shares of common stock; shares disposed of for tax obligations
03/04/2025Date of signature on the Form 4 filing

Keywords

ARKO Corp, Robert Giammatteo, Executive Vice President, CFO, Stock, Restricted Stock Units, RSUs, Form 4, Beneficial Ownership, Transaction

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