Corrsin David J 4

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.