AMERICOLD REALTY TRUST·4

Mar 10, 8:00 PM ET

Harris Robert E. 4

Research Summary

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Updated

Americold (COLD) Chief Accounting Officer Robert E. Harris Sells Shares

What Happened

  • Robert E. Harris, Chief Accounting Officer of Americold Realty Trust (COLD), had equity awards vest/convert on March 8, 2026 and sold 887 shares in a sell-to-cover transaction to satisfy tax withholding. The reported sales were 308 shares ($3,687) and 579 shares ($6,931), totaling about $10,618. The Form 4 also shows awards/grants of RSU/PRSU-type derivatives (listed at $0.00) and multiple conversions/exercises of those derivatives resulting in additional shares acquired (per the filing entries).

Key Details

  • Transaction date: March 8, 2026; Form 4 filed March 10, 2026 (timely).
  • Sales: 308 shares @ $11.97 ($3,687) and 579 shares @ $11.97 ($6,931) — total 887 shares sold for ≈ $10,618.
  • Acquisitions/Conversions: awards of 11,990 + 11,990 RSU/PRSU-type units (23,980 total) and conversions/exercises of 842, 1,584, 842, and 1,584 units (4,852 total) reported at $0.00 (reflecting vesting/settlement, not a cash purchase).
  • Shares owned after the transactions: not specified in the provided excerpt of the filing.
  • Footnotes: sales were “sell-to-cover” to satisfy tax withholding (mandatory, not discretionary). Some awards vest ratably through 2027–2029; some performance RSUs (PRSUs/PSRUs) vest only if AFFO performance targets (2026–2028) are met. Vested RSUs/PRSU conversion rights have no expiration.
  • No 10b5-1 plan or late filing indication in the provided data.

Context

  • These filings primarily reflect non‑discretionary tax-withholding sales tied to vesting/settlement of RSUs/PRSUs (common routine activity), not an open-market market-timed sale for personal liquidity. Derivative entries at $0.00 indicate receipt/vesting of restricted stock units or performance awards rather than a cash option purchase.