|4Feb 19, 6:37 PM ET

Calderon Sharymar 4

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

Research Summary

AI-generated summary of this filing

Updated

Amerant (AMTB) CFO Sharymar Calderon Vests RSUs, Surrenders Shares

What Happened

  • Sharymar Calderon, Chief Financial Officer of Amerant Bancorp (AMTB), reported a series of equity transactions dated February 17, 2026. The filing shows conversions/vestings of derivative awards (RSUs/PSUs) and related share dispositions to cover tax withholding.
  • Transactions listed include conversions/acquisitions of 3,057 shares (derivative conversion) and two grants/awards of 8,249 RSUs each (derivative awards). To satisfy tax withholding obligations, 745 shares were surrendered/disposed at $22.73 per share for total proceeds of $16,934. Several other derivative-conversion lines (834 and 2,223 shares) are reported as dispositions in the filing.

Key Details

  • Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (appears timely).
  • Reported transactions (as shown in filing):
    • Exercise/conversion (M): 3,057 shares acquired @ $0.00
    • Payment of exercise price/tax liability (F): 745 shares disposed @ $22.73 — $16,934
    • Exercise/conversion (M): 834 shares disposed @ $0.00 (derivative)
    • Exercise/conversion (M): 2,223 shares disposed @ $0.00 (derivative)
    • Grant/award (A): 8,249 RSUs acquired @ $0.00 (derivative)
    • Grant/award (A): 8,249 RSUs acquired @ $0.00 (derivative)
  • Shares owned after the transactions are not explicitly provided in the summary data here; see the full Form 4 for exact post-transaction holdings.
  • Footnotes of note:
    • F1/F8: RSUs/PSUs are economic equivalents of one share each.
    • F3: Disposed shares reflect surrender to satisfy tax withholding on RSU vesting.
    • F4/F6/F7: Awards vest in substantially equal installments over three anniversaries (some vesting occurred Feb 17, 2026 because Feb 16 was a holiday).
    • F9: PSUs are performance-based and the reported number may reflect target amounts (actual payout depends on future performance, 40%–180% range).
  • Transaction codes explained: M = exercise/conversion of derivative (e.g., RSU/PSU vesting); F = shares surrendered/used to pay taxes; A = grant/award.

Context

  • This appears to be routine equity compensation activity (vesting of RSUs/PSUs and share surrender for tax withholding), not an open-market buy or sell intended as a market-timing signal.
  • The 745-share disposition at $22.73 was to cover taxes (per the filing), not a discretionary open-market sale.
  • Performance-based RSUs/PSUs can pay out at different levels depending on performance metrics; awarded amounts listed may be target amounts, not guaranteed shares.

Insider Transaction Report

Form 4
Period: 2026-02-17
Calderon Sharymar
SEVP - Chief Financial Officer
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1][F2]
    2026-02-17+3,05716,092.85 total
  • Tax Payment

    Class A Common Stock

    [F3]
    2026-02-17$22.73/sh745$16,93415,347.85 total
  • Exercise/Conversion

    Restricted Stock Units LTI 2023

    [F1][F4][F5]
    2026-02-178342,102 total
    Exercise: $0.00Class A Common Stock (834 underlying)
  • Exercise/Conversion

    Restricted Stock Units LTI 2024

    [F1][F6]
    2026-02-172,2232,223 total
    Exercise: $0.00Class A Common Stock (2,223 underlying)
  • Award

    Restricted Stock Units LTI 2026

    [F1][F7]
    2026-02-17+8,2498,249 total
    Exercise: $0.00Class A Common Stock (8,249 underlying)
  • Award

    Performance Based Restricted Stock Units LTI 2026

    [F8][F9]
    2026-02-17+8,2498,249 total
    Exercise: $0.00Class A Common Stock (8,249 underlying)
Footnotes (9)
  • [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
  • [F2]Includes 305.35 and 310.3 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, Ms. Calderon 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 Ms. Calderon 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]Balance reflects unvested RSUs awarded to Ms. Calderon on June 1, 2023.
  • [F6]On February 16, 2024, Ms. Calderon was awarded 6,669 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 Ms. Calderon 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.
  • [F7]On February 17, 2026, Ms. Calderon was awarded 8,249 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 Ms. Calderon remains in the continuous service of the Company or a subsidiary through each such date.
  • [F8]Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock.
  • [F9]PSUs awarded to Ms. Calderon, 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 Ms. Calderon may earn.
Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Sharymar Calderon|2026-02-19

Documents

1 file
  • 4
    wk-form4_1771544222.xmlPrimary

    FORM 4