Ameresco (AMRC) Co‑President Louis P. Maltezos Converts RSUs

What Happened

• Louis P. Maltezos, Co‑President of Ameresco, converted 2,125 restricted stock units (RSUs) into 2,125 shares of Ameresco Class A common stock on 2026-09-10 (transaction code M). The filing shows an acquisition of 2,125 shares at $0.00 and a simultaneous disposition of 2,125 shares at $0.00 — the reported value exchanged was $0.

Key Details

• Transaction date: 2026-09-10 (reported on Form 4 filed 2026-09-14).
• Transaction codes: M (exercise/conversion of a derivative security) for both the acquisition and disposition.
• Shares converted/acquired: 2,125; shares disposed: 2,125.
• Price reported: $0.00 for both acquisition and disposition (per filing).
• Shares owned after the transaction: Not provided in the data supplied.
• Relevant footnotes: F1 — each RSU represents a contingent right to one share of Ameresco common stock. F2 — RSUs vest over two years with 25% vesting on each six‑month anniversary of the grant date.
• Timeliness: The Form 4 was filed 4 days after the transaction (filed 2026-09-14 for a 2026-09-10 transaction), which is later than the standard 2-business-day reporting window for Form 4s.

Context

• The filing records a conversion of RSUs (a derivative award) into common stock with an immediate same‑day disposition. Derivative conversions and same‑day dispositions are commonly used to settle awards or satisfy tax obligations, but the Form 4 does not specify the purpose. This transaction is not a market purchase or open‑market sale that signals a straightforward buy/sell decision by the insider.