Fernandez Antonio F. 4
4 · AMERICOLD REALTY TRUST · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Americold (COLD) Director Antonio F. Fernandez Receives Award
What Happened
Antonio F. Fernandez, a director of Americold Realty Trust (COLD), was granted 12,422 OP Profits Units (a derivative award) on May 18, 2026. The award is reported at $0.00 per unit on the Form 4 (a non-cash grant under the company’s equity plan) and is not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-18; Filing date (Form 4): 2026-05-20 — appears timely.
- Transaction type/code: A (Grant / award or other acquisition); reported price: $0.00.
- Quantity: 12,422 OP Profits Units granted.
- Shares owned after transaction: Not specified in the provided filing details.
- Plan: Units issued under the Americold Realty Trust 2017 Equity Incentive Plan (per footnote).
- Footnote highlights:
- F1: OP Profits Units vest on the earlier of the first anniversary of the grant or the next annual stockholder meeting.
- F2: Upon meeting certain tax allocation conditions, vested OP Profits Units can be converted into common units of the operating partnership, which can then be redeemed for cash equal to the fair market value of a share of Americold common stock or, at the company’s election, exchanged for one share of common stock. Conversion/redemption rights have no expiration.
Context
This was a compensation-related equity award (derivative units), not a cash purchase or sale. Such grants are routine for executives and directors and signal compensation alignment rather than an explicit market view. The units are subject to vesting and conversion mechanics that determine whether and when they become shares or cash.
Insider Transaction Report
- Award
Operating Partnership Profits Units
[F1][F2]2026-05-18+12,422→ 12,422 total→ Common Stock (12,422 underlying)
Footnotes (2)
- [F1]Represents OP Profits Units ("OP Profits Units") of Americold Realty Operating Partnership, L.P. ("Operating Partnership"), which vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting of Americold Realty Trust, Inc. stockholders following the grant date. The OP Profits Units were issued to the reporting person pursuant to the 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.