Aramark EVP & CFO Exercises Options with Net Share Settlement
Aramark
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Filing Summary
š Form 4 Filing Alert: Aramark (ARMK) Insider: Tarangelo James J. (EVP and CFO) Transaction Date: September 3, 2026 Details: ⢠Option Exercise (Code M): 8,852 shares acquired @ $24.58 ⢠Net Settlement/Tax Withholding (Code F): 6,048 shares disposed @ $56.81 (~$343.6K) ⢠Net Shares Retained: +2,804 shares ⢠Ending Direct Ownership: 63,172.536 shares Significance: Low (Routine option exercise ahead of November 2026 expiration).
Comprehensive Analysis
Executive Summary
On September 4, 2026, Aramark (NYSE: ARMK) reported a Form 4 transaction for Executive Vice President and Chief Financial Officer James J. Tarangelo. On September 3, 2026, Mr. Tarangelo exercised 8,852 stock options expiring on November 18, 2026, with an exercise price of $24.58 per share. To cover the exercise cost and associated tax liabilities, 6,048 shares were withheld at a market price of $56.81 per share, resulting in a net addition of 2,804 shares to his direct holdings.
Transaction Breakdown
- Option Exercise (Code M): Acquired 8,852 common shares at an exercise price of $24.58.
- Net Exercise & Tax Withholding (Code F): Disposed of 6,048 common shares at $56.81 per share to cover the exercise price and mandatory tax withholdings ($343,586.88 aggregate value).
- Post-Transaction Holdings: Following the transaction, Mr. Tarangelo directly owns 63,172.536 shares of Aramark common stock.
Market & Governance Context
This transaction represents a routine, mechanical option exercise near the option contract's expiration date (November 18, 2026). Because the insider retained the residual shares rather than conducting an open-market sale, this transaction does not convey directional sentiment regarding Aramark's future operational outlook.
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