Form 4: ARKO Corp. Executive Vice President, CFO Reports Stock Transactions
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
| Date | Description |
|---|---|
| 02/28/2025 | Date of Earliest Transaction |
| 03/01/2025 | Restricted stock units vest and convert into shares of common stock; shares disposed of for tax obligations |
| 03/04/2025 | Date 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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