Sakellaris George P 4
4 · Ameresco, Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Ameresco (AMRC) 10% Owner George Sakellaris Receives Awards, Exercises Options
What Happened George P. Sakellaris, reported as a 10% owner of Ameresco, received derivative awards totaling 110,000 shares (100,000 and 10,000 RSUs) and had derivative activity on March 10, 2026 that shows an exercise/conversion of 3,750 shares acquired and a simultaneous disposition of 3,750 shares. All reported transactions list an exercise/award price of $0.00 on the Form 4; the filing was submitted March 12, 2026 covering the March 10, 2026 transactions. The awards are acquisitions (not purchases for cash); the exercise/conversion paired with the equal disposal indicates the exercised shares were immediately disposed.
Key Details
- Transaction date(s) and price(s): March 10, 2026; all transactions reported at $0.00 per share.
- Specifics: 100,000 RSUs (A), 10,000 RSUs (A) granted; exercise/conversion (M) acquired 3,750 shares and simultaneous disposition (M) of 3,750 shares.
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes of note:
- F1: Reporting person disclaims beneficial ownership of shares held by spouse.
- F2: Option-related shares vest 20% on each anniversary of the March 10, 2026 grant over five years.
- F3: Each RSU represents a contingent right to one share of common stock.
- F4: Certain RSUs vest over two years with 25% vesting every six months.
- Filing: Form 4 filed 2026-03-12 reporting 2026-03-10 activity (no late-filing flag indicated in the provided data).
Context
- The RSU grants are awards (acquisitions of contingent rights) and typically vest according to the schedules noted in the footnotes; they do not represent immediate market purchases.
- The matching 3,750-share acquisition and 3,750-share disposition on the same date indicate those exercised shares were immediately sold or transferred rather than retained — a common outcome for option exercises but not a direct signal of long-term intent.
- As a reported 10% owner, Sakellaris is a significant holder; transactions by large holders can reflect compensation mechanics or portfolio moves rather than routine executive trading. This summary is factual and does not infer motivation.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-03-10+3,750→ 988,597 total - Award
Stock Option (right to purchase)
[F2]2026-03-10+100,000→ 100,000 totalExercise: $26.36→ Class A Common Stock (100,000 underlying) - Award
Restricted Stock Unit
[F3][F4]2026-03-10+10,000→ 21,250 total→ Class A Common Stock (10,000 underlying) - Exercise/Conversion
Restricted Stock Unit
[F3][F4]2026-03-10−3,750→ 17,500 total→ Class A Common Stock (3,750 underlying)
- 200,000(indirect: By Spouse)
Class A Common Stock
[F1]
Footnotes (4)
- [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]Of the shares subject to the option, 20% vest on each of anniversary of the grant date of March 10, 2026 over a period of five years.
- [F3]Each RSU represents a contingent right to receive one share of Ameresco, Inc. Class A Common Stock ("Common Stock").
- [F4]Each RSUs represents a contingent right to receive one share of Common Stock and vest over two years with 25% vesting on each 6-month anniversary of the applicable grant date.