Bulgarino Nicole E 4

What Happened

• Nicole E. Bulgarino, President — Federal & Utility at Ameresco (AMRC), received a derivative award of 30,000 share-equivalent units on May 18, 2026. The reported acquisition price is $0.00, meaning no cash was paid for the award at grant. This is a grant/award (not an open-market buy or a sale).

Key Details

• Transaction date: 2026-05-18; SEC filing date: 2026-05-19 (filed promptly).
• Instrument and amount: 30,000 derivative shares reported as a grant/award (code A) at $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Vesting/other notes: Per the filing footnote, 20% of the shares will vest on each anniversary of the May 18, 2026 grant date over five years (100% vested after five years).
• No indication in this filing of a 10b5-1 plan, tax withholding, cashless exercise, or a sale tied to this grant.

Context

• This is an equity award, not an open-market purchase or sale, so it does not reflect a near-term cash investment by the insider nor a liquidation. Such grants are typically used for compensation and to align executive incentives with shareholder value over the vesting period.