Quill John Walton 4

What Happened

• John Quill, a Director of Amerant Bancorp (AMTB), had 3,761 restricted stock units (RSUs) convert into 3,761 shares on May 7, 2026. The Form 4 shows an "M" (exercise/conversion) entry acquiring 3,761 shares at $0.00 and a corresponding derivative disposition of 3,761 shares at $0.00. No cash value is reported for these entries.

Key Details

• Transaction date: May 7, 2026; Form 4 filed: May 11, 2026 (filed after the transaction date).
• Price reported: $0.00 per share; total reported value: $0.
• Shares owned after the transaction: not specified in the provided data.
• Footnotes: F1 clarifies each RSU equals the economic equivalent of one Class A share. F2 notes these RSUs were granted May 7, 2025 and vested on the first anniversary if the director remained in service.
• Transaction code: "M" indicates exercise or conversion of a derivative/instrument.

Context

• This was not an open-market buy or sale by the director but the conversion/vesting of RSUs into shares. The filing shows both acquisition (conversion) and a matching derivative disposition at $0.00; the Form 4 does not explain the reason for the disposition (e.g., tax withholding or transfer). The report was filed several days after the trade date, which is later than the typical two-business-day window for Form 4s and reduces near-term transparency.