Iafigliola Carlos 4

What Happened

• Carlos Iafigliola, Senior EVP and Interim CEO of Amerant Bancorp (AMTB), had 3,942 restricted stock units (RSUs) vest on Feb 17, 2026 and those RSUs converted into 3,942 shares of Class A common stock. To satisfy tax withholding on the vesting, 960 shares were surrendered at $22.73 each for a cash value of $21,821. On the same date he was granted additional awards: 14,023 RSUs and 14,023 performance-based RSUs (PSUs, reported at target).

Key Details

• Transaction date: February 17, 2026 (report filed Feb 19, 2026 — timely).
• Vesting/conversion: 3,942 RSUs converted to shares (comprised of 1,608 and 2,334 installment vestings from prior 2023 and 2024 awards).
• Tax withholding: 960 shares surrendered to cover withholding at $22.73/share (total $21,821).
• New grants: 14,023 RSUs (time-based) and 14,023 PSUs (performance-based; target amount; actual payout may range ~40%–180% based on performance over 2026–2028 per filing).
• Shares owned after the reported transactions: not specified in the provided extract of the filing.
• Footnotes: RSUs/PSUs equal one share each on vesting; prior small ESPP purchases are noted in the filing; tax withholding was done via share surrender (routine).

Context

• This was primarily an award/vesting event (not an open-market sale). The surrender of 960 shares was a tax-withholding action — a common administrative step when RSUs vest — not an open-market directional sale. The PSU award is performance-contingent and may pay out at more or fewer shares than the target depending on future results.