Henderson Russell Scott 4
4 · AMERICOLD REALTY TRUST · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Americold (COLD) CIO Henderson Russell Scott Receives 71,942 Unit Awards
What Happened Henderson Russell Scott, Chief Investment Officer of Americold Realty Trust (COLD), was granted two derivative awards on March 8, 2026 totaling 71,942 OP Profits Units (no cash paid). The grants consist of 28,777 time‑based OP Profits Units that vest ratably on March 8 of 2027, 2028 and 2029, and 43,165 performance‑based OP Profits Units whose payout and vesting depend on the company’s adjusted funds from operations (AFFO) for the period Jan 1, 2026–Dec 31, 2028. These awards were issued under the Amended and Restated Americold Realty Trust 2017 Equity Incentive Plan.
Key Details
- Transaction date: March 8, 2026; Form 4 filed March 10, 2026 (filed within the 2 business‑day reporting window).
- Type/Code: A = Award/Grant (derivative OP Profits Units); reported acquisition price: $0.00.
- Grants: 28,777 time‑based OP Profits Units (vest ratably 2027–2029); 43,165 performance OP Profits Units (vesting contingent on AFFO goals for 2026–2028).
- Conversion/redemption: Vested OP Profits Units (and Performance OP Profits Units if vested) may be converted into common units of the Operating Partnership and those common units may be redeemed for cash equal to the then fair market value of a share of Americold common stock, or the Company may elect to deliver one share of common stock. Conversion/redemption rights have no expiration.
- Post‑transaction beneficial ownership: not specified in the summary portion provided — see the filed Form 4 for total holdings.
- Plan: Awards issued under the company’s 2017 Equity Incentive Plan.
Context These are equity incentive awards (derivative units tied to Americold’s operating partnership), not open‑market purchases or sales. The time‑based units are retention/compensation awards that vest over three years; the larger tranche is performance‑based and will only vest if AFFO targets for the 2026–2028 period are met. Because these are grants (no cash paid), they reflect compensation structure rather than an immediate bullish or bearish trade by the insider.
Insider Transaction Report
- Award
Operating Partnership Profits Units
[F1][F2]2026-03-08+28,777→ 28,777 totalExercise: $0.00→ Common Stock (28,777 underlying) - Award
Performance OP Profits Units
[F3][F4]2026-03-08+43,165→ 43,165 totalExercise: $0.00→ Common Stock (43,165 underlying)
Footnotes (4)
- [F1]Represents OP Profits Units ("OP Profits Units") of Americold Realty Operating Partnership, L.P. ("Operating Partnership"), which will vest ratably on March 8, 2027, 2028, and 2029. The OP Profits Units were issued to the reporting person pursuant to the Amended and Restated Americold Realty Trust 2017 Equity Incentive Plan.
- [F2]Conditioned upon minimum allocations to the capital accounts of the OP Profits Units for federal income tax purposes, each vested OP Profits Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Operating Partnership (a "Common Unit"). Each Common Unit acquired upon conversion of a vested OP Profits Unit may, at the election of the holder, be presented for redemption for cash equal to the then fair market value of a share of Americold Realty Trust, Inc. (the "Company") common stock (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested OP Profits Units into Common Units and redeem Common Units have no expiration dates.
- [F3]Represents performance-based OP Profits Units ("Performance OP Profits Units") of the Operating Partnership. Payout of the Performance OP Profits Units will be determined based upon the Company's adjusted funds from operations ("AFFO") during the applicable period Jan. 1, 2026 - Dec. 31, 2028). The Performance OP Profits Units will vest, if at all, at the end of the 3-year period contingent upon the achievement of the pre-established AFFO goals. The Performance OP Units were issued to the Reporting Peron pursuant to the Amended and Restated Americold Realty Trust 2017 Equity Plan.
- [F4]Conditioned upon minimum allocations to the capital accounts of the Performance OP Profits Units for federal income tax purposes, each vested Performance OP Profits Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Operating Partnership (a "Common Unit"). Each Common Unit acquired upon conversion of a vested Performance OP Profits Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of the Company's Common Stock, except that the Company may, at its election, acquire each Common Unit so presented for one Common Share. The rights to convert vested Performance OP Profits Units into Common Units and redeem Common Units have no expiration dates.