Calderon Sharymar 4

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.