EVP & General Counsel Sells $974K in Stock After Option Exercise Near 52-Week Highs
ARMK sits 47% above its 52-week low of $35.07.
Summary
Aramark's EVP and General Counsel, Lauren A. Harrington, sold $974,228 worth of common stock on the open market after exercising options, generating net proceeds of $477,212.
Key Events · Ownership and Investor Activity · ARMK
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Officer Sells Shares
Lauren A. Harrington, EVP and General Counsel, sold 18,363 shares of Aramark common stock for a total value of $974,228.00.
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Option Exercise
The sale followed the exercise of options to acquire 18,363 shares at prices ranging from $24.58 to $29.38, totaling $497,015.34.
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Net Proceeds
The net proceeds from the exercise and immediate sale of shares amounted to $477,212.66.
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Timing Near 52-Week High
The transactions occurred on May 18, 2026, with the stock trading near its 52-week high of $53.565, following the company's strong Q2 earnings report on May 12, 2026.
Analysis · ARMK · Trade & Services
Lauren A. Harrington, Aramark's EVP and General Counsel, sold nearly $1 million worth of stock after exercising options. While this is a common practice for executives to monetize vested equity, the significant dollar value of the sale, occurring shortly after strong Q2 earnings and near the company's 52-week high, represents a notable disposition of shares by a key insider.
At the time of this filing, ARMK was trading at $51.54 on NYSE in the Trade & Services sector, with a market capitalization of approximately $13.6B. The 52-week trading range was $35.07 to $53.57. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.