Equity moves at ARKO (ARKO): counsel converts RSUs, disposes shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARKO Corp. General Counsel and Secretary Bricks Maury reported equity compensation activity involving restricted stock units (RSUs) and common stock. He exercised or converted 23,250 RSUs into the same number of ARKO common shares at a stated price of $0.00 per share, increasing his direct common stock holdings to 208,163 shares before tax withholding. To cover tax obligations, 10,322 common shares were disposed of at $6.34 per share, leaving Maury with 197,841 directly owned common shares afterward. Footnotes explain that each RSU represents one share of common stock and that the RSUs vest and convert into common shares in three equal annual installments starting on March 3, 2026, contingent on his continued employment or service.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,250 shares exercised/converted
Mixed
3 txns
Insider
Bricks Maury
Role
General Counsel/Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,250 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 per share | 23,250 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.0001 per share | 10,322 | $6.34 | $65K |
Holdings After Transaction:
Restricted Stock Units — 46,500 shares (Direct);
Common Stock, par value $0.0001 per share — 208,163 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") provide for the right to receive one share of common stock, $0.0001 par value per share ("common stock"), of ARKO Corp. (the "Company") on a one-for-one basis. The RSUs vest and convert into shares of common stock in three equal annual installments commencing on March 3, 2026, subject to the reporting person's continued employment or service through the vesting date.
FAQ
What insider transaction did ARKO (ARKO) report for Bricks Maury on March 3, 2026?
Bricks Maury reported exercising or converting 23,250 restricted stock units into 23,250 ARKO common shares. A portion of these shares was then disposed of to satisfy tax withholding obligations, reflecting routine equity compensation activity rather than an open-market purchase or sale.
How were the restricted stock units handled in the latest ARKO (ARKO) Form 4 for Bricks Maury?
Maury exercised or converted 23,250 restricted stock units, receiving 23,250 shares of ARKO common stock. According to the footnotes, each RSU entitles the holder to one share of common stock on a one-for-one basis when the units vest and convert.
When do Bricks Maury’s ARKO restricted stock units vest according to the filing footnotes?
The restricted stock units vest and convert into ARKO common shares in three equal annual installments starting March 3, 2026. Vesting is conditioned on Maury’s continued employment or service with the company through each applicable vesting date for the remaining installments.