Sanchez Mariola 4
4 · Amerant Bancorp Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Amerant (AMTB) Mariola Sanchez Receives RSU/PSU Awards, Sells 802 Shares
What Happened
- Mariola Sanchez (reported insider) had previously granted restricted stock units (RSUs) vest on Feb 17, 2026, resulting in conversion/exercise of 2,928 derivative units into shares. To cover tax withholding on the vesting, 802 shares were surrendered/disposed at $22.73 each for $18,229. In addition, on Feb 17, 2026 she was granted 6,269 RSUs and 6,269 performance-based RSUs (PSUs) — a total of 12,538 new unvested units (reported at target).
- Net immediate effect: after the tax-surrender of 802 shares, the vested conversion added 2,126 shares to her holdings. The 12,538 newly granted units are unvested and subject to future vesting/performance conditions.
Key Details
- Transaction date: February 17, 2026 (Form 4 filed Feb 19, 2026 — timely).
- Specifics: conversion/exercise of 2,928 derivative units (M); tax withholding surrender of 802 shares at $22.73 each = $18,229 (F); grants of 6,269 RSUs (A) and 6,269 PSUs (A, target units).
- PSUs: performance-based and reported at target; actual payout may range (per footnote) from 40% to 180% depending on multi-year performance metrics.
- Shares owned after transaction: not specified in the provided summary of the filing.
- Transaction codes explained: M = exercise/conversion of derivative (RSU/PSU), F = shares surrendered for tax withholding, A = grant/award.
Context
- This was largely a routine vesting and company compensation event, not an open-market purchase or voluntary sale (other than the tax withholding surrender). The grants (RSUs and PSUs) are unvested awards intended as compensation; PSUs’ final share payout depends on future performance metrics.
Insider Transaction Report
Form 4
Sanchez Mariola
See remarks
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-02-17+2,928→ 19,493.61 total - Tax Payment
Class A Common Stock
[F3]2026-02-17$22.73/sh−802$18,229→ 18,691.61 total - Exercise/Conversion
Restricted Stock Units LTI 2023
[F1][F4]2026-02-17−1,229→ 0 totalExercise: $0.00→ Class A Common Stock (1,229 underlying) - Exercise/Conversion
Restricted Stock Units LTI 2024
[F1][F5]2026-02-17−1,699→ 1,699 totalExercise: $0.00→ Class A Common Stock (1,699 underlying) - Award
Restricted Stock Units LTI 2026
[F1][F6]2026-02-17+6,269→ 6,269 totalExercise: $0.00→ Class A Common Stock (6,269 underlying) - Award
Performance Based Restricted Stock Units LTI 2026
[F7][F8]2026-02-17+6,269→ 6,269 totalExercise: $0.00→ Class A Common Stock (6,269 underlying)
Footnotes (8)
- [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
- [F2]Includes 264.46 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 28, 2025.
- [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, Mrs. Sanchez was awarded 3,686 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 Mrs. Sanchez 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, Mrs. Sanchez was awarded 5,097 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 Mrs. Sanchez 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, Mrs. Sanchez was awarded 6,269 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 Mrs. Sanchez remains in the continuous service of the Company or a subsidiary through each such date.
- [F7]Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock.
- [F8]PSUs awarded to Mrs. Sanchez, each representing the right to receive, following vesting, one share of Class A Common Stock. The actual number of PSUs earned shall be based on the achievement of the Relative Adjusted Return on Average Tangible Common Equity at a Threshold, Target or Maximum level set by the Compensation and Human Capital Committee (the "Committee") further modified by the achievement of specified Threshold, Target or Maximum levels set by the Committee of Relative Total Shareholder Return for a 3-year period beginning January 1, 2026 and ending on December 31, 2028, and in general can range from 40% to 180% of the PSUs. The number reported reflects the target number of PSUs Mrs. Sanchez may earn.
Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Mariola Sanchez|2026-02-19