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Amerant Bancorp Inc.·4

Feb 19, 6:40 PM ET

Fleitas Armando 4

4 · Amerant Bancorp Inc. · Filed Feb 19, 2026

Research Summary

AI-generated summary of this filing

Updated

Amerant (AMTB) EVP Armando Fleitas Exercises RSUs, Sells Shares

What Happened
Armando Fleitas, EVP and Chief Accounting Officer of Amerant Bancorp (AMTB), had RSU awards vest on February 17, 2026. The filing shows 1,667 shares were converted/issued upon vesting of prior RSU awards (reported as derivative exercises/conversions). Of the vested shares, 495 shares were surrendered to satisfy tax withholding at $22.73 per share, generating $11,251 in consideration. The filing also reports a new grant of 2,500 RSUs on February 17, 2026 (vests in three equal annual installments, subject to continued service).

Key Details

  • Transaction date: February 17, 2026 (Form 4 filed Feb 19, 2026).
  • Prices: tax-withholding surrender at $22.73/share; vesting/conversion entries reported at $0 (RSU settlement).
  • Shares involved: 1,667 RSU-derived shares converted (total); 495 shares surrendered for tax withholding (yielding $11,251).
  • New award: 2,500 RSUs granted on Feb 17, 2026; vests in substantially equal installments over three anniversaries (per footnote).
  • Footnotes: F3 confirms 495 shares were surrendered to satisfy tax withholding; F4–F6 explain the source and timing of vested RSUs and the new grant (vesting shifted to Feb 17 because Feb 16 was a holiday).
  • Shares owned after the transactions: not specified in the information provided.
  • Filing timeliness: Filed Feb 19, 2026 — within the typical Form 4 reporting window.

Context

  • These were RSU vesting transactions (derivative conversions), not open-market purchases. Vesting converts awards into shares; surrendering shares for tax withholding is routine and does not by itself signal a view on the stock.
  • The report also records a new RSU grant (2,500 RSUs) that will vest over three years, which is a standard compensation award rather than an immediate purchase.

Insider Transaction Report

Form 4
Period: 2026-02-17
Amerant Bancorp Inc.AMTB
Fleitas Armando
EVP, Chief Accounting Officer
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1][F2]
    2026-02-17+1,667→ 9,085.74 total
  • Tax Payment

    Class A Common Stock

    [F3]
    2026-02-17$22.73/sh−495$11,251→ 8,590.74 total
  • Exercise/Conversion

    Restricted Stock Units LTI 2023

    [F1][F4]
    2026-02-17−834→ 0 total
    Exercise: $0.00→ Class A Common Stock (834 underlying)
  • Exercise/Conversion

    Restricted Stock Units LTI 2024

    [F1][F5]
    2026-02-17−833→ 834 total
    Exercise: $0.00→ Class A Common Stock (833 underlying)
  • Award

    Restricted Stock Units LTI 2026

    [F1][F6]
    2026-02-17+2,500→ 2,500 total
    Exercise: $0.00→ Class A Common Stock (2,500 underlying)
Footnotes (6)
  • [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
  • [F2]Includes 87.24 and 88.65 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on May 30, 2025 and November 28, 2025, respectively.
  • [F3]Reflects the shares of Class A Common Stock that were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of RSUs.
  • [F4]On February 16, 2023, Mr. Fleitas was awarded 2,500 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. The award vests in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mr. Fleitas remains in the continuous service of the Company or a subsidiary through each such date. Since the anniversary of the date of grant was on Monday, February 16, 2026, a federal holiday, the vesting occurred on Tuesday, February 17, 2026, the next business day.
  • [F5]On February 16, 2024, Mr. Fleitas was awarded 2,500 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. The award vests in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mr. Fleitas remains in the continuous service of the Company or a subsidiary through each such date. Since the anniversary of the date of grant was on Monday, February 16, 2026, a federal holiday, the vesting occurred on Tuesday, February 17, 2026, the next business day.
  • [F6]On February 17, 2026, Mr. Fleitas was awarded 2,500 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. The award vests in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mr. Fleitas remains in the continuous service of the Company or a subsidiary through each such date.
Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Armando Fleitas|2026-02-19

Documents

1 file
  • 4
    wk-form4_1771544438.xmlPrimary

    FORM 4