Fleitas Armando 4

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.