Ameresco (AMRC) COO Peter Christakis Exercises RSUs (1,750)

What Happened

• Peter Christakis, Chief Operating Officer of Ameresco, reported the exercise/conversion of derivative securities on 2026-09-10. The filing shows 1,750 shares acquired and a simultaneous 1,750-share disposition, both reported at $0.00. The transactions reflect conversion/settlement activity rather than an open‑market cash purchase or sale.

Key Details

• Transaction date(s) and price(s: 2026-09-10 — 1,750 shares acquired @ $0.00; 1,750 shares disposed @ $0.00.
• Reported filing date: 2026-09-14 (for transactions dated 2026-09-10). The filing does not include a timeliness flag in the provided data.
• Shares owned after the transaction: not specified in the provided summary of the Form 4.
• Footnotes: F1–F3 indicate these are RSUs (each RSU = right to one share), with typical vesting over two years (25% every six months) and representing RSUs granted on various dates.

Context

• This was a derivative conversion (code M) involving RSUs converting to common stock. Entries priced at $0.00 typically indicate internal conversion/settlement (e.g., vesting or internal transfers) rather than an open‑market trade; the filing does not state an open-market sale or purchase.
• For retail investors: such conversions are routine compensation/vesting events and are different from insider purchases (which may signal bullish conviction) or open-market sales (which may signal liquidity needs).