Maltezos Louis P 4

What Happened

• Louis P. Maltezos, President — Central & West USA and Canada for Ameresco (AMRC), was granted a derivative award of 30,000 shares on May 18, 2026. The grant is reported at a $0.00 acquisition price (i.e., an equity award/derivative rather than an open-market purchase).
• This is a compensation grant, not a sale or open-market buy — it does not represent immediate cash proceeds or an immediate transfer of free-trading shares.

Key Details

• Transaction date: 2026-05-18; Form 4 filed: 2026-05-19 (timely).
• Award: 30,000 shares reported as a derivative award at $0.00.
• Vesting: As noted in the filing, 20% of the shares vest on each anniversary of the grant date (May 18) over five years (i.e., time-based vesting).
• Shares owned after transaction: not specified in the provided filing details.
• No indication of immediate sale or cashless exercise in the filing.

Context

• This is a typical time‑based compensation award (likely RSUs or a similar equity grant). Such grants align executive pay with long-term performance but do not necessarily signal a near-term market view by the insider.
• Because the award vests over five years, the economic benefit to the insider depends on future vesting and any settlement terms; the filing does not show immediate liquidity or sale.