Ameresco (AMRC) CEO George P. Sakellaris Exercises 6,250 RSUs

What Happened
George P. Sakellaris, Chief Executive Officer of Ameresco, reported the exercise/conversion of derivative awards on September 10, 2026. The Form 4 shows 6,250 shares acquired at $0.00 and a corresponding 6,250-share disposition of a derivative instrument at $0.00. No cash proceeds or purchase price are reported on the filing.

Key Details

• Transaction date: 2026-09-10; Form 4 filed 2026-09-14 (filed within the Section 16 two-business-day window).
• Reported transactions: Exercise/conversion of derivative (code M) — 6,250 shares acquired @ $0.00; 6,250 shares disposed (derivative) @ $0.00.
• Shares owned after transaction: Not specified in this Form 4.
• Footnotes of note:
  • F3–F5 indicate these awards are restricted stock units (RSUs) that represent rights to receive one share each and vest over time (25% each 6 months, over two years; grants from various dates).
  • F1–F2 note certain shares are held in family trust or by spouse; Sakellaris disclaims beneficial ownership of those holdings for Section 16 purposes.
• No 10b5‑1 plan, tax‑withholding transaction code, or cash sale proceeds are reported.

Context
The $0.00 per-share reporting and the filing footnotes point to RSU conversions (award-to-share settlement) rather than an open-market purchase or sale. The matched acquisition and derivative disposition entries typically reflect conversion/settlement of derivative awards into common stock rather than a market sale. This type of reporting is generally routine for vesting/settlement of equity awards and is not, by itself, an indicator of a buy or sell decision.