Form 4: ARKO Director Andrew Heyer Gains 7,709 RSUs

ARKO Corp. Director Andrew Heyer reported the acquisition of 7,709 immediately vested Restricted Stock Units, increasing his beneficial ownership to 162,214 derivative securities.

Summary

• Andrew R. Heyer, a Director of ARKO Corp., acquired 7,709 Restricted Stock Units (RSUs) on January 1, 2026.
• The RSUs are immediately vested and provide the right to receive one share of common stock on a one-for-one basis.
• Conversion of the RSUs into common stock will occur upon the earlier of Mr. Heyer's termination of service with ARKO Corp. or a change of control of the Company.
• Following this transaction, Mr. Heyer beneficially owns 162,214 derivative securities.
• The common stock has a par value of $0.0001 per share.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director receiving equity compensation generally aligns their interests with shareholders, though it's a routine compensation event rather than a significant operational or financial announcement.

Positives

• The acquisition of Restricted Stock Units by a director aligns management's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.

Future Outlook

This filing is a report of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

The grant of Restricted Stock Units to directors is a common form of equity compensation across various industries, designed to incentivize long-term commitment and align the interests of directors with those of shareholders.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a component of director compensation is a standard practice observed in many publicly traded companies, including those in the retail and convenience store sectors where ARKO Corp. operates.
• The immediate vesting of these RSUs, with conversion tied to service termination or change of control, is a typical structure for director equity awards, aiming to retain leadership and provide a deferred payout mechanism.

Related Party Transactions

• The grant of 7,709 Restricted Stock Units to Andrew R. Heyer, a Director of ARKO Corp., constitutes a transaction between the company and a related party.

Stakeholder Impact

• Shareholders may view the equity grant to a director as a positive step towards aligning management and shareholder interests, potentially fostering long-term value creation.

Next Steps

• The Restricted Stock Units will convert into shares of ARKO Corp. common stock upon the earlier of Andrew R. Heyer's termination of service or a change of control of the Company.

Key Dates

Keywords

ARKO Corp., Andrew Heyer, Restricted Stock Units, RSU, Director Compensation, Insider Transaction, Equity Grant, Form 4