Patterson Mark R 4
4 · AMERICOLD REALTY TRUST · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Americold (COLD) Director Mark R. Patterson Receives Award of 16,218 Units
What Happened Mark R. Patterson, a director of Americold Realty Trust (COLD), was granted 16,218 OP Profits Units of Americold Realty Operating Partnership on May 18, 2026. The award is reported at $0.00 (no cash paid). The units are a form of equity-based compensation that will vest on the earlier of the first anniversary of the grant date or the date of the next annual stockholders’ meeting.
Key Details
- Transaction date and type: 2026-05-18 — Grant/Award (derivative): 16,218 OP Profits Units at $0.00.
- Plan: Issued under the Americold Realty Trust 2017 Equity Incentive Plan.
- Shares/units owned after transaction: Not specified in the filing.
- Footnotes: F1 — Units (OP Profits Units) vest on earlier of 1st anniversary or next annual meeting. F2 — Vested OP Profits Units may be converted (at holder’s election) into common units of the Operating Partnership, which in turn may 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.
- Filing timeliness: Reported on Form 4 filed May 20, 2026; appears to be timely.
Context This is an equity compensation award (derivative grant) to a director rather than an open-market purchase or sale. Such grants are commonly used for director compensation and do not, by themselves, indicate the insider’s intent to buy or sell company stock. The award carries vesting conditions and conversion/redemption mechanics rather than immediate cash proceeds.
Insider Transaction Report
- Award
Operating Partnership Profits Units
[F1][F2]2026-05-18+16,218→ 16,218 total→ Common Stock (16,218 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.