Almeida Odilon 4
Research Summary
AI-generated summary
Amerant (AMTB) Director Almeida Odilon Receives 2,885 RSU Award
What Happened
- Almeida Odilon, a director of Amerant Bancorp Inc. (AMTB), received an award of 2,885 restricted stock units (RSUs) on June 2, 2026. The grant is reported as a derivative acquisition (code A) at $0.00 per unit — RSUs are typically recorded at $0 because they are compensation, not a cash purchase. Each RSU represents the right to one share of Class A common stock upon vesting.
Key Details
- Transaction date and type: June 2, 2026 — Grant of 2,885 RSUs (derivative acquisition, Code A) at $0.00 per RSU.
- Vesting: RSUs vest on the first anniversary of the grant (on or about June 2, 2027), provided the director remains in continuous service through the 2027 annual meeting or the first anniversary, per footnote.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed on June 4, 2026 — within the usual two-business-day filing window (timely).
- Relevant footnotes: F1 — each RSU equals one share of Class A common stock; F2 — vesting conditioned on continued service through the annual meeting/first anniversary.
Context
- RSU grants are a form of compensation for directors; they do not represent immediate share ownership or an open-market purchase/sale. The economic value will depend on AMTB’s stock price when the RSUs vest and convert to shares. This filing documents the grant only; no shares were sold or bought on the open market in this transaction.