CHAMBERS ROBERT SCOTT 4

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.