Patterson Mark R 4

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.