Calderon Sharymar 4

What Happened

• Sharymar Calderon, Chief Financial Officer of Amerant Bancorp (AMTB), had 2,490 restricted stock units (RSUs) vest on Feb 18, 2026. Those RSUs converted into 2,490 shares of Class A common stock (recorded as derivative conversion, code M, $0 exercise price).
• To satisfy tax withholding, 607 of the newly issued shares were surrendered/disposed at $22.38 per share, generating approximately $13,585 (code F). Net new shares retained by Calderon from this vesting event: 1,883 shares (2,490 acquired less 607 withheld).

Key Details

• Transaction date: Feb 18, 2026; Form 4 filed Feb 20, 2026 (filed promptly after the transaction).
• Conversion (vest): 2,490 RSUs → 2,490 shares (code M), acquisition price $0 per RSU (RSUs convert to stock without cash exercise).
• Tax withholding: 607 shares surrendered (code F) at $22.38/share = $13,585 withheld to cover tax obligations.
• Net shares retained from this vesting: 1,883 shares.
• Footnotes: F1 explains an RSU equals one share; F2 confirms shares were surrendered to satisfy tax withholding; F3 describes the original 7,471-RSU award granted Feb 18, 2025 that vests in three roughly equal annual installments.
• Shares owned after the transaction are not specified in the provided filing excerpt.

Context

• This was not an open-market purchase or sale signaling a market view; it was a routine vesting of RSUs with a cashless share surrender to cover taxes (common practice).
• Code M indicates conversion/vesting of derivative awards (RSUs); code F indicates shares used to pay tax withholding. These transactions are administrative and do not necessarily reflect the insider’s market sentiment.