ARKO Corp.: management transactions · United States · SEC (Form 4)

About ARKO Corp.

ARKO Corp. is a U.S.-based company listed on the Nasdaq Stock Market under the ticker ARKO, with headquarters in Richmond, Virginia, United States. For French-speaking investors, ARKO should be viewed primarily as a convenience-store and fuel-distribution operator rather than a traditional consumer retailer. The company has been built through a long acquisition-led expansion strategy, assembling a large network of neighborhood-oriented banners and fuel assets across the United States. Its present-day structure was formalized in 2020, while the business has deeper operational roots in GPM, which served as the historical platform for the group’s growth. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1823794/000156459021015259/arko-10k_20201231.htm?utm_source=openai)) ARKO’s core business is centered on operating a broad network of convenience stores under more than 25 regional brand names. Management describes this portfolio as a “Family of Community Brands,” emphasizing local brand recognition while leveraging centralized infrastructure, a common operating platform, and a loyalty program to support promotions and customer retention. The company sells everyday convenience items such as snacks, beverages, prepared foods, tobacco products, and fuel. In addition, ARKO operates wholesale fuel distribution, fleet fueling through cardlock sites and proprietary fuel cards, and fuel-supply activities for a substantial part of its network. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1823794/000119312526071464/arko-20251231.htm?utm_source=openai)) From a competitive standpoint, ARKO ranks among the largest independent convenience-store operators in the United States by store count and is also one of the major fuel wholesalers by volume. That scale matters: it supports purchasing leverage, logistics efficiency, and marketing reach. At the same time, the business remains competitive and highly fragmented, facing pressure from national chains, regional operators, and vertically integrated fuel retailers. ARKO’s footprint is geographically diversified across more than 30 states and the District of Columbia, with a meaningful presence in secondary and tertiary markets where local branding and convenience can be important differentiators. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1823794/000119312526071464/arko-20251231.htm?utm_source=openai)) Recent developments are strategically significant. Since the second half of 2024, ARKO has been executing a transformation plan that includes converting a sizeable number of company-operated retail sites into dealer locations. The stated aim is to improve economics, lower operating and maintenance intensity, and enhance cash generation. A second major milestone came in February 2026, when ARKO completed the IPO of ARKO Petroleum Corp., its subsidiary housing the wholesale, fleet fueling, and GPMP businesses. ARKO retained majority economic and voting control, but the transaction was presented as a value-unlocking step that simplifies the investment case, improves financial flexibility, and sharpens capital-allocation priorities. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1823794/000119312526071506/arko-ex99_1.htm?utm_source=openai))