Morris Willner
On January 1, 2024, Mr. Morris Willner resigned as a director of the Board of Directors (the “Board”) of ARKO Corp., a Delaware corporation (the “Company”), effective immediately.
Highest-materiality recent filing
ARKO Q2 net income $9.4M; APC to acquire USPP for $205M cash + $30M stock
Q2 net income $9.4M vs $20.1M; prior year included $20.8M non-cash sale-leaseback gain.
APC Q2 net income rises to $12.2M; acquires USPP for ~$205M cash plus stock
Net income $12.2M vs $10.0M YoY; Adjusted EBITDA $39.8M vs $38.3M; reaffirms FY 2026 guidance.
ARKO Corp. subsidiary to acquire U.S. Petroleum Partners for $235M in cash and stock
Total consideration: $205M cash at closing plus $30M in APC Class A common stock (est. 1.46M shares based on recent VWAP).
ARKO Corp. shareholders re-elect all six director nominees and approve say-on-pay at annual meeting
All six director nominees elected: Sherman K. Edmiston III, Yona Fogel, Avram Friedman, Andrew R. Heyer, Laura Shapira Karet, Arie Kotler.
ARKO reports Q1 net loss narrows to $5.6M; Adj EBITDA up 65% to $50.9M
Net loss improved to $5.6M from $12.7M; Adjusted EBITDA rose 65.1% to $50.9M.
ARKO Q4 net income $1.9M vs loss; FY net income up 9.1%; APC IPO completed
Net income Q4 $1.9M vs loss $2.3M; full year $22.7M (+9.1%); adjusted EBITDA Q4 $65.7M (+15.6%).
ARKO subsidiary APC completes IPO of 11.1M shares; ARKO retains 75.9% economic interest
ARKO Corp. subsidiary ARKO Petroleum Corp. (APC) closed IPO of 11,111,111 shares of Class A common stock on Feb 13, 2026.
ARKO Corp. prelim Q4 Adj EBITDA $63-66M; APC launches IPO roadshow
Q4 2025 net loss to net income of -$1.8M to $0.4M; Q4 2024 net income was $2.3M.
Subsidiary ARKO Petroleum Corp. filed Form S-1 for IPO of Class A common stock; no price or size disclosed.
ARKO Corp.: Director Steven Heyer resigns for health reasons; Yona Fogel appointed to board
Steven Heyer resigned effective Dec 12, 2025 due to health; no disagreement with the Company.
ARKO Corp. appoints Galagher Jeff as CFO effective Dec 1, 2025; base salary $650K
Jeff most recently served as EVP & CFO of Murphy USA (March 2024-October 2025) and earlier at Dollar Tree and Walmart.
ARKO reports Q3 net income $13.5M, up 39% YoY; Adj EBITDA $75.2M, down 5%
Net income $13.5M vs $9.7M; adjusted EBITDA $75.2M vs $78.8M.
ARKO appoints Jordan Mann as interim CFO effective Oct 10; base salary $350K
Appointed Jordan Mann interim CFO effective Oct 10, 2025, succeeding Robert Giammatteo (departure previously reported).
ARKO Corp. CFO Robert Giammatteo to depart October 10, 2025
EVP and CFO Robert Giammatteo notified ARKO of his departure to pursue another opportunity.
ARKO Q2 net income rises to $20.1M; adj. EBITDA $76.9M; declares $0.03 dividend
Net income $20.1M vs $14.1M YoY; adjusted EBITDA $76.9M vs $80.1M.
All six director nominees elected; say-on-pay passes; stockholder majority-vote proposal fails
Six director nominees elected: Sherman Edmiston, Avram Friedman, Andrew Heyer, Steven Heyer, Laura Shapira Karet, Arie Kotler; each >79M votes for.
ARKO subsidiary increases real estate credit facility by $34.2M to $83.7M with M&T Bank
GPM Investments amended credit agreement, raising real estate loans from $49.5M to $83.7M.
ARKO Q1 net loss widens to $12.7M; adjusted EBITDA $30.9M; 59 retail stores converted to dealer
Net loss of $12.7 million vs $0.6 million loss a year ago; adjusted EBITDA $30.9M vs $33.2M.
ARKO Q4 net loss $2.3M; FY net income falls 40% to $20.8M
Net loss Q4 $2.3M vs net income $1.1M; FY net income $20.8M vs $34.6M.
ARKO Q3 net income falls to $9.7M from $21.5M; adjusted EBITDA $78.8M at midpoint of guidance
Net income $9.7M vs $21.5M YoY; adjusted EBITDA $78.8M vs $87.3M, within guidance of $70M-$86M.
ARKO extends sale-leaseback program with Blue Owl; adds $1.0B capacity through Sept 2025
Sixth Amendment extends exclusivity period to September 30, 2025 for property sale-leaseback program.
ARKO Q2 net income $14.1M, Adj EBITDA $83.8M beats $70-77M guidance; merchandise margin up 90bps
Net income $14.1M vs $14.5M YoY; Adjusted EBITDA $83.8M above guidance $70-77M.
ARKO Corp. shareholders approve 11.4M-share increase in incentive plan, elect all directors
Shareholders approved amending the 2020 Incentive Plan to increase authorized shares from 12,413,166 to 23,770,000 (68.97M for, 20.29M against).
ARKO Q1 net loss narrows to $0.6M; adjusted EBITDA falls to $36.6M
Net loss of $0.6M vs $2.5M loss a year ago; no EPS provided.
ARKO settles $50M TEG deferred purchase price for $36.5M cash; repurchases shares at $5.66
ARKO repurchased 3,417,915 Installment Shares from Transit for $19.3M ($5.66/share) and paid $17.2M for the second installment, total $36.5M cash.
ARKO Corp. enters three-year Master Supply Agreement with Core-Mark for grocery supply
Initial term of three years from Feb 19, 2024, renewable for two additional 12-month periods.
ARKO files legal opinion and consent for prior transaction; no material news.
Filing solely to file Exhibit 5.1 (opinion of Greenberg Traurig LLP) and Exhibit 23.1 (consent).
ARKO Q4 net income falls to $1.1M from $12.9M; full year $34.6M vs $72.0M
Net income Q4: $1.1M vs $12.9M prior year; full year $34.6M vs $72.0M.
Director Morris Willner resigns from ARKO Corp. board effective Jan 1, 2024
Morris Willner resigned as director of ARKO Corp. effective January 1, 2024.
ARKO appoints Robb Giammatteo as CFO, effective Jan 2, 2024
Giammatteo, 51, brings over 20 years of retail finance experience, most recently CFO & CTO at Giant Eagle.
ARKO reports Q3 net income $21.5M, adjusted EBITDA $91.2M; declares $0.03 dividend
Net income of $21.5M vs $25.0M in Q3 2022; adjusted EBITDA $91.2M vs $99.5M.
ARKO Q2 net income $14.5M, adjusted EBITDA $86.2M; same-store merch ex-cig +3.8%
Net income $14.5M vs $31.8M YoY; increase in D&A from acquisitions and prior-year fair-value adjustments.
ARKO Corp. appoints Friedman and Karet to board; annual meeting votes all pass
Appointed Avram Friedman (ex-Davidson Kempner) and Laura Karet (ex-Giant Eagle CEO) as directors on June 7, 2023.
Director Starlette Johnson resigned from board and audit committee effective May 5, 2023.
ARKO Corp files financials for Transit Energy Group acquisition
Audited TEG financials filed for years ended Dec 31, 2021 and 2020; unaudited for nine months Sep 30, 2022.
ARKO Corp. doubles share repurchase program to $100 million; $59 million remaining authorization
Board increased share repurchase program from $50 million to $100 million.
ARKO amends Oak Street program to $1.5B capacity and extends Capital One line to $800M
Oak Street program extended to Sep 30, 2024; purchase capacity raised to $1.50B (up from $1.15B).
ARKO reports Q1 net loss $2.5M; same-store merchandise sales +3.8%
Operating income $9.0M vs $19.3M prior year; net loss $2.5M vs net income $2.3M prior year.
ARKO offers $92/share for TravelCenters, $6 premium over BP's bid, urges board to reconsider
ARKO proposes $92 per share for TravelCenters, a $6+ premium (approx. 7%) over BP's $86 per share offer.
ARKO Corp. amends Oak Street program, adds $1.25B capacity for Travel Centers of America properties
Second Amendment extends program term and exclusivity through Sept 30, 2023 for Travel Centers of America property acquisitions.
ARKO Corp. completes $370M acquisition of Transit Energy Group, adding 135 stores
Acquired ~135 company-operated convenience stores and fuel supply rights to ~190 independent dealer locations in the Southeast.
ARKO Corp. reports record 2022 operating income $167M, net income $72M, Adjusted EBITDA $301.1M
Full-year operating income $167M, up from $142.1M in 2021; Q4 $33.7M vs $28.4M.
ARKO files Pride acquisition financials; Pride had $281M revenue in FY2021
Pride Stores, LLC and Affiliates reported total revenues of $281.3M and net income of $8.7M for fiscal year ended Dec 30, 2021.
ARKO Corp. CFO Don Bassell to retire by end of 2023; successor search underway
CFO Don Bassell notified board of intent to retire; effective Q4 2023 after successor appointed.
ARKO subsidiary extends credit facility maturity to Dec 2027, switches to SOFR
Maturity extended by five years to December 22, 2027.
ARKO completes $230M acquisition of Pride Convenience, adds 31 stores in Northeast
Total purchase price ~$230M plus inventory; ARKO funded ~$30M cash, Oak Street funded ~$202M via real estate leaseback.
ARKO Corp. agrees to acquire WTG Fuels assets for ~$140.4M, expanding in Texas/New Mexico
Total consideration ~$140.4M plus inventory; ARKO funds ~$25.4M, Oak Street funds ~$115M via sale-leaseback.
ARKO Q3 2022: Operating income up 20.1%, Adj EBITDA record $99.5M, dividend raised 50%
Operating income $65.7M (+20.1% YoY); Adj EBITDA $99.5M (all-time high, +24.1%).
Purchase price ~$230M plus inventory value; ~$28M from ARKO cash, ~$202M from Oak Street via sale-leaseback.
ARKO Corp. to acquire Transit Energy Group for ~$375M plus inventory; adds ~350 sites
Purchase price of ~$325M cash at close plus inventory value; two $25M instalments payable in cash or stock.
On January 1, 2024, Mr. Morris Willner resigned as a director of the Board of Directors (the “Board”) of ARKO Corp., a Delaware corporation (the “Company”), effective immediately.
Mr. Bassell’s tenure as the Company’s Chief Financial Officer (principal financial and accounting officer) will conclude upon the effectiveness of Mr. Giammatteo’s appointment as Chief Financial Officer on January 2, 2024.
appointed Mr. Robb Giammatteo, as Executive Vice President and Chief Financial Officer (principal financial and accounting officer), effective January 2, 2024.
On June 7, 2023, the Board of Directors (the “Board”) of ARKO Corp., a Delaware corporation (the “Company”), appointed Mr. Avram (Avi) Friedman as a director, filling the vacancy created by the previously reported resignation of Starlette Johnson.
Additionally, on June 7, 2023, the Board expanded its size from seven to eight directors and appointed Ms. Laura Karet as a director to fill the newly-created vacancy.
On January 6, 2023, Donald Bassell, Chief Financial Officer (principal financial and accounting officer) of ARKO Corp., a Delaware corporation (the “Company”), notified the Company’s Board of Directors of his intention to retire from such position.
Max materiality 0.85 · Median 0.65 · Most common event earnings