Capriles Alberto 4

What Happened

• Alberto Capriles, Amerant Bancorp’s SEVP & Chief Risk Officer, reported several equity events on February 17, 2026: conversions/vestings of derivative awards and new equity grants. He was credited with a total of 16,022 shares from conversions and awards (3,656 shares from derivative conversion plus two awards of 6,183 shares each) and had 4,679 shares reported as disposed (including vested installments converted and shares surrendered). As part of the vesting events, 1,023 shares were surrendered to satisfy tax withholding at $22.73 per share, generating proceeds of $23,253. Net across these entries, the filing shows a net increase of 11,343 shares (16,022 acquired − 4,679 disposed).
• These reports reflect routine equity compensation activity (vestings and new RSU/PSU grants) rather than an open-market purchase or sale for investment purposes.

Key Details

• Transaction date: February 17, 2026 (Form 4 filed February 19, 2026 — timely).
• Transaction types/codes: M = exercise/conversion of derivative (vested units converted to shares); A = grant/award; F = shares surrendered to pay taxes.
• Specific lines reported:
  • M: 3,656 shares acquired via conversion (price $0.00).
  • F: 1,023 shares disposed at $22.73 each to satisfy tax withholding (total $23,253).
  • M: 1,573 and 2,083 shares reported as conversions/dispositions (related to prior RSU awards).
  • A: two awards of 6,183 shares each reported as newly granted/awarded (price $0.00).
• Shares owned after the transactions: not specified in the provided data (check the filed Form 4 for exact post-transaction holdings).
• Notable footnotes:
  • RSUs = one share each; PSUs = performance-based units (reported PSU count is the target amount; actual payout may range 40%–180% depending on performance).
  • Some reported vested installments correspond to prior grants (awards made in 2023 and 2024 that vest in installments).
  • F3 confirms shares were surrendered specifically to satisfy tax withholding on RSU vesting.

Context

• These entries are compensation-related (vesting/conversion of RSUs/PSUs and new awards). The surrender of 1,023 shares to cover tax withholding is a routine "sell-to-cover" type action and not an open-market sale indicating a change in investment view.
• For performance-based PSUs, the reported number is the target — final shares payable will depend on future performance measurements over the applicable performance period.
• Retail investors typically view purchases as the strongest signal; vesting and grant activity mostly reflect compensation mechanics rather than a direct insider market opinion.