secwatch.observer — SEC 8-K summary
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Issuer:     Aramark (ARMK)
CIK:        0001584509
Form:       8-K
Filed at:   2024-08-16T23:59:59+00:00
Accession:  0001584509-24-000156
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aramark grants CEO Zillmer $5M in RSUs with succession-based vesting
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- RSUs granted Aug 15, 2024, with grant-date fair value of $5,000,000.
- Vests on earlier of third anniversary or six months after a permanent successor CEO commences employment (Succession Date).
- Accelerated vesting upon death/disability or termination without Cause after Succession Date; forfeiture on voluntary retirement.
- No change in CEO or succession timeline announced; grant aligns with succession planning.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584509/000158450924000156/0001584509-24-000156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584509/000158450924000156/cik0-20240813.htm
  HTML page:      https://secwatch.observer/filing/0001584509-24-000156

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer