Corrsin David J 4
4 · Ameresco, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Ameresco (AMRC) EVP David Corrsin Exercises Options
What Happened
- David J. Corrsin, EVP, General Counsel and a director of Ameresco (AMRC), exercised options on February 27, 2026 to acquire 20,000 shares of Class A common stock at an exercise price of $4.64 per share, paying $92,800. The filing also shows a contemporaneous disposition of 20,000 derivative shares at $0.
- The primary action was an option exercise (derivative conversion). The paired $0 disposition is commonly a withholding/surrender of shares to cover taxes or option costs rather than an open-market sale.
Key Details
- Transaction date: 2026-02-27
- Exercise: 20,000 shares at $4.64 = $92,800 (code M — exercise/conversion of derivative)
- Disposition: 20,000 shares at $0 (code M — derivative disposition)
- Shares owned after the transaction: not specified in the data provided
- Footnotes: F1 — reporting person disclaims beneficial ownership of shares held by spouse; F2 — these options trace to a 2016 grant that vested as to 44,401 shares based on performance and service
- Filing timeliness: Reported on the same date (2026-02-27); no late filing indicated
Context
- For retail investors: an option exercise is an acquisition of shares by an insider. When an equal number of shares are shown as disposed at $0 in the same filing, it most often reflects share withholding or surrender to satisfy tax withholding or exercise costs (a net/settlement), not necessarily an open‑market sale.
- The filing is informational and factual — it shows the mechanics of option exercise and related settlement; it does not state the insider’s market view.
Insider Transaction Report
Form 4
Ameresco, Inc.AMRC
Corrsin David J
DirectorEVP and General Counsel
Transactions
- Exercise/Conversion
Class A Common Stock
2026-02-27$4.64/sh+20,000$92,800→ 20,471 total - Exercise/Conversion
Stock Option (right to purchase)
[F2]2026-02-27−20,000→ 0 totalExercise: $4.64From: 2019-03-22Exp: 2026-05-10→ Class A Common Stock (20,000 underlying)
Holdings
- 379(indirect: By Spouse)
Class A Common Stock
[F1]
Footnotes (2)
- [F1]The reporting person disclaims beneficial ownership of the shares held by his spouse, and this report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.
- [F2]On May 10, 2016, the reporting person was granted an option to purchase 50,000 shares of Class A common stock. The option vested based on continued service to Ameresco, Inc. and performance relative to goals established for the three-year performance period from January 1, 2016 to December 31, 2018. Based on the level of achievement of these goals, as determined by Ameresco, Inc.'s Compensation Committee, this option vested as to 44,401 shares.
Signature
David J. Corrsin|2026-02-27