secwatch.observer — SEC 8-K summary
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Issuer:     Aramark (ARMK)
CIK:        0001584509
Form:       8-K
Filed at:   2023-10-02T23:59:59+00:00
Accession:  0001628280-23-033364
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584509/000162828023033364/0001628280-23-033364-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584509/000162828023033364/cik0-20230929.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-033364

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