ARKO Corp. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by ARKO Corp. on October 9, 2025, covering events occurring on October 3, 2025. The filing addresses the appointment of an interim Chief Financial Officer following the departure of the previous CFO, Robert Giammatteo.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on executive compensation and personnel changes.
Material Changes
The primary material change is the appointment of Jordan Mann as Interim Chief Financial Officer and Interim Principal Financial and Accounting Officer, effective October 10, 2025. Mr. Mann succeeds Robert Giammatteo and will serve in this interim capacity until a permanent successor is appointed. Mr. Mann continues to hold his existing role as Senior Vice President of Corporate Strategy, Capital Markets, and Investor Relations.
Management Commentary and Compensation
In connection with his appointment, Mr. Mann entered into an offer letter dated October 6, 2025, with the following compensation terms:
- Base Salary: $350,000 annually.
- Restricted Stock Units (RSUs): Approximately $250,000 in value (based on grant date), commencing in 2026, vesting in 1/3 increments over three years.
- Performance-Based Stock Units (PSUs): Approximately $250,000 in target value, vesting after three years based on performance criteria.
Mr. Mann is also eligible to participate in standard employee plans and programs. The filing confirms no family relationships between Mr. Mann and other officers/directors and no undisclosed arrangements regarding his appointment.
Investor Verification Checklist
- Verify the effective date of the CFO transition (October 10, 2025) and the status of the permanent search.
- Review the full text of the Offer Letter (Exhibit 10.1) for specific performance criteria attached to the PSUs.
- Confirm the vesting schedule details for the RSUs commencing in 2026.
- Monitor future filings for the appointment of a permanent CFO.