Calderon Sharymar 4

What Happened
Sharymar Calderon, EVP and Chief Financial Officer of Amerant Bancorp (AMTB), had 3,971 restricted stock units (RSUs) convert into 3,971 shares of Class A common stock on June 1, 2026. To satisfy tax withholding on the vested RSUs, 967 shares were surrendered at an implied price of $22.07 per share for a withholding value of $21,342. After withholding, the reporting result was a net receipt of approximately 3,004 shares.

Key Details

• Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (appears timely).
• Conversion/vesting: 3,971 RSUs converted to 3,971 shares (reported at $0.00 per share as RSUs convert to underlying shares).
• Tax withholding: 967 shares surrendered at $22.07 each to cover taxes = $21,342.
• Net shares received: ~3,004 shares (3,971 vested − 967 surrendered).
• Filing notes include 194.23 shares acquired under the Amerant ESPP on May 29, 2026.
• Footnotes: F1 clarifies each RSU equals one share; F3 confirms shares were surrendered to satisfy tax withholding; F4 and F5 describe the original RSU awards (sign‑on and LTIP) that vest in equal annual installments over three years — the 1,869 and 2,102 share amounts correspond to one‑third vesting from those awards.
• Shares owned following the transaction (total beneficial ownership) is not specified in the supplied data.

Context
This was a routine vesting of RSUs (derivative conversion) rather than an open‑market purchase or sale by the insider. The surrender of shares to cover taxes is a common, administrative step (net share settlement) and does not by itself indicate a change in the insider’s view of the company. The underlying RSU awards were granted on June 1, 2023 and vest in substantially equal installments over three years, which explains the split in the reported amounts (1,869 and 2,102 shares).