CHAMBERS ROBERT SCOTT 4
4 · AMERICOLD REALTY TRUST · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Americold (COLD) CEO Robert S. Chambers Receives 479,617-Unit Award
What Happened
- Robert S. Chambers, CEO of Americold Realty Trust (COLD), received two awards on March 8, 2026 totaling 479,617 OP Profits Units (derivative interests) — 191,847 time‑based OP Profits Units and 287,770 performance‑based OP Profits Units. Both awards were recorded at $0.00 (grants), i.e., they are equity compensation awards rather than open‑market purchases or sales.
Key Details
- Transaction date: March 8, 2026; Form 4 filed March 10, 2026 (appears timely).
- Award amounts: 191,847 time‑vested OP Profits Units; 287,770 performance OP Profits Units; total = 479,617 units.
- Price: $0.00 per unit (award/grant, code A on Form 4).
- Vesting/timeframe:
- Time‑based units vest ratably on March 8, 2027, 2028 and 2029.
- Performance units vest only if pre‑set AFFO goals for Jan 1, 2026–Dec 31, 2028 are met; payout/vesting determined at end of the 3‑year period.
- Post‑transaction beneficial ownership: not specified in the provided filing excerpt.
- Conversion/redeem rights: vested OP Profits Units (including performance units if vested) can be converted into common units of the Operating Partnership and, at the holder’s election, redeemed for cash equal to the fair market value of a share of Americold common stock or converted into one share of common stock; these conversion/redemption rights have no expiration.
- Filing timeliness: Reported within two business days of the transaction date; no late‑filing flag indicated.
Context
- These are derivative compensation awards, not open‑market purchases or sales. Time‑based awards provide retention incentives; performance units are contingent on meeting AFFO targets and are therefore tied to company operating performance through 2028. Such grants reflect compensation design and are routine for executives; they do not, by themselves, indicate a personal buy/sell decision by the insider.
Insider Transaction Report
Form 4
CHAMBERS ROBERT SCOTT
DirectorChief Executive Officer
Transactions
- Award
Operating Partnership Profits Units
[F1][F2]2026-03-08+191,847→ 191,847 totalExercise: $0.00→ Common Stock (191,847 underlying) - Award
Performance OP Profits Units
[F3][F4]2026-03-08+287,770→ 287,770 totalExercise: $0.00→ Common Stock (287,770 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.
Signature
/s/ Nathan H. Harwell, Attorney-in-fact|2026-03-10