---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-033364"
form_type: "8-K"
ticker: "ARMK"
cik: "0001584509"
company_name: "Aramark"
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:21:37.452551+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Aramark completes spin-off of Vestis uniforms business; 1:2 ratio

## Summary
- Distribution of 130,725,188 Vestis shares effective 12:01 a.m. ET on Sept. 30, 2023.
- Stockholders received 1 share of Vestis (VSTS) for every 2 shares of Aramark (ARMK) held on Sept. 20, 2023.
- Spin-off intended to be tax-free for U.S. federal income tax purposes, except cash for fractional shares.
- Vestis began regular-way trading on NYSE under VSTS on Oct. 2, 2023.
- Aramark filed pro forma financials reflecting Vestis as discontinued operations for all periods.

## SEC filing metadata
- accession: 0001628280-23-033364
- form_type: 8-K
- ticker: ARMK
- cik: 0001584509
- company_name: Aramark
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1584509/000162828023033364/0001628280-23-033364-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584509/000162828023033364/cik0-20230929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-033364
- JSON: https://secwatch.observer/filing/0001628280-23-033364.json
- Plain text: https://secwatch.observer/filing/0001628280-23-033364.txt

## Key facts
- M&A Transactions
  Aramark completed a disposition involving Vestis Corporation (closed 2023-09-30).
  - Action: disposition
  - Counterparty: Vestis Corporation
  - Closing: 2023-09-30
  source text: On September 30, 2023, the Company completed the Distribution of shares of Vestis Common Stock to the Company’s stockholders on the Record Date in accordance with the Separation and Distribution Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584509/000162828023033364/0001628280-23-033364-index.htm
- Material Agreements
  Aramark entered into Transition Services Agreement with Vestis Corporation (effective 2023-09-29).
  - Action: entry
  - Counterparty: Vestis Corporation
  - Effective: 2023-09-29
  source text: On September 29, 2023, the Company and Vestis entered into a Transition Services Agreement (the “Transition Services Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584509/000162828023033364/0001628280-23-033364-index.htm
- Material Agreements
  Aramark entered into Separation and Distribution Agreement with Vestis Corporation (effective 2023-09-29).
  - Action: entry
  - Agreement: supply
  - Counterparty: Vestis Corporation
  - Effective: 2023-09-29
  source text: On September 29, 2023, the Company and Vestis entered into a Separation and Distribution Agreement (the “Separation and Distribution Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584509/000162828023033364/0001628280-23-033364-index.htm
- Material Agreements
  Aramark entered into Tax Matters Agreement with Vestis Corporation (effective 2023-09-29).
  - Action: entry
  - Counterparty: Vestis Corporation
  - Effective: 2023-09-29
  source text: ompleted the previously announced separation of its uniforms and workplace supplies business (the “Separation”) through the pro rata distribution (the “Distribution”) of 130,725,188 shares of common stock, par value $0.01 per share (“Vestis Common Stock”), of Vestis Corporation (“Vestis”) to the stockholders of record of the Company as of the close of business on September 20, 2023 (the “Record Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584509/000162828023033364/0001628280-23-033364-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.