Amerant Bancorp Inc.·4

Feb 20, 6:34 PM ET

Sanchez Mariola 4

Research Summary

AI-generated summary

Updated

Amerant Bancorp (AMTB) Mariola Sanchez Exercises RSUs, Sells Shares

What Happened

  • Mariola Sanchez (insider) had RSUs vest and converted those RSUs into 1,740 shares of Amerant Bancorp (AMTB) on Feb 18, 2026 (reported Feb 20, 2026). To cover tax withholding, 424 of the vested shares were surrendered (disposed) at $22.38 per share for a withholding amount of $9,489. Net of the withholding, Sanchez received 1,316 shares.

Key Details

  • Transaction dates: February 18, 2026 (reported on Form 4 filed Feb 20, 2026).
  • Transactions reported:
    • Code M: 1,740 shares acquired via exercise/conversion of RSUs at $0.00 (vesting conversion).
    • Code F: 424 shares surrendered for tax withholding at $22.38 per share, proceeds reported as $9,489.
  • Net change to holdings from this event: +1,316 shares (1,740 vested − 424 surrendered).
  • Shares owned after transaction: not provided in the supplied summary.
  • Footnotes: F1 — each RSU equals one share; F2 — 424 shares surrendered to satisfy tax withholding; F3 — original award was 5,222 RSUs granted Feb 18, 2025, vesting in substantially equal installments over three years (this appears to be the one-year installment).

Context

  • This was a routine RSU vesting event with a sell-to-cover (surrender) for taxes, not an open-market sale or a discretionary purchase—common for compensation vesting. Code M indicates conversion/exercise of derivative RSU awards; code F indicates shares used to satisfy tax obligations. Such transactions usually reflect compensation mechanics rather than a directional insider investment decision.