Fleitas Armando 4

What Happened
Armando Fleitas, EVP and Chief Accounting Officer of Amerant Bancorp (AMTB), had 833 restricted stock units (RSUs vest) on Feb 18, 2026. Those RSUs converted into 833 shares of Class A common stock. To satisfy tax withholding on the vesting, 203 shares were surrendered at $22.38 each for a withholding payment of $4,543. Net shares added to Fleitas’s position from this vesting were 630 shares (833 vested − 203 surrendered).

Key Details

• Transaction date: 2026-02-18 (filed 2026-02-20 — timely).
• Vesting/conversion: 833 RSUs converted to 833 shares (SEC code M — exercise/conversion of derivative).
• Tax withholding: 203 shares surrendered at $22.38/share for $4,543 (SEC code F — payment of tax liability via share surrender).
• Net new shares from this vesting: 630 shares.
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.
• Relevant footnotes:
  • F1: Each RSU equals one share of Class A common stock.
  • F2: The 203 shares were surrendered to satisfy tax withholding upon vesting.
  • F3: The award stems from a 2,500-RSU grant on Feb 18, 2025 that vests in roughly equal installments over three years.

Context

• This was a routine vesting of RSUs with a net settlement for taxes (not an open-market purchase or a voluntary sale). Surrendering shares to cover taxes is common and does not necessarily indicate a change in insider sentiment.
• SEC codes: M indicates conversion/exercise of a derivative (here, RSUs converting to shares); F indicates shares withheld/surrendered to cover tax obligations.