Harris Robert E. 4
4 · AMERICOLD REALTY TRUST · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Americold (COLD) SVP Robert E. Harris Receives RSUs, Sells Shares
What Happened Robert E. Harris, Senior Vice President & Chief Accounting Officer of Americold Realty Trust (COLD), had 1,516 restricted stock units (RSUs) vest on July 1, 2026 and converted to the same number of shares (reported as derivative exercise, code M). On July 2, 2026 he sold 442 of those shares in an open-market "sell-to-cover" transaction at $16.27 per share, generating $7,191. The RSU conversion shows $0.00 cost because the shares were delivered upon vesting.
Key Details
- Transactions reported: 1,516 shares acquired via RSU vesting/conversion on 2026-07-01 (exercise/conversion, code M); 442 shares sold on 2026-07-02 at $16.27 (open-market sale, code S) for $7,191.
- Purpose of sale: Sale was a mandated "sell-to-cover" to satisfy tax withholding obligations (footnote F2) and not a discretionary sale by the insider.
- RSU terms: Each RSU equals one share; RSUs vested July 1, 2026 and were issued under the Amended & Restated Americold Realty Trust 2017 Equity Incentive Plan (footnotes F1, F3, F4). The right to convert RSUs into Common Stock has no expiration (F3).
- Shares owned after transaction: Not specified in the filing.
- Timeliness: Filing was made July 6, 2026 for a July 1 vesting—this appears later than the typical two-business-day Form 4 deadline (file marked late).
Context This is a routine vesting of RSUs with a corresponding sell-to-cover for taxes. Such sales to satisfy withholding are common and generally do not signal the insider's view of the company's prospects. There was no open-market purchase; the only cash proceeds reported relate to the tax-cover sale of 442 shares.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-07-01+1,516→ 9,850 total - Sale
Common Stock
[F2]2026-07-02$16.27/sh−442$7,191→ 9,408 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-07-01+1,516→ 1,516 total→ Common Stock (1,516 underlying)
Footnotes (4)
- [F1]Shares acquired upon vesting of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Americold Realty Trust, Inc. common stock ("Common Stock").
- [F2]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of these RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F3]Each RSU represents the right to acquire one share of Common Stock. The right to convert RSUs into Common Stock has no expiration date.
- [F4]The RSUs vested on July 1, 2026. The RSUs were issued to the Reporting Person pursuant to the Amended and Restated Americold Realty Trust 2017 Equity Incentive Plan.