Sakellaris George P 4

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.