Parra Pedro 4
4 · Amerant Bancorp Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Amerant (AMTB) SEVP Pedro Parra Receives 10,017 Shares
What Happened
- Pedro Parra, SEVP & Chief International Banking Officer at Amerant Bancorp (AMTB), had equity awards vest and new awards granted on February 17, 2026. The filing shows he acquired a total of 10,017 shares via derivative transactions/awards (667 shares from vesting of earlier RSU awards plus two grants of 4,675 shares each).
- He surrendered 161 shares to cover tax withholding at a reported value of $22.73 per share (total ~$3,660). No open-market purchases or cash sales of shares were reported.
Key Details
- Transaction date: February 17, 2026. Codes: M = exercise/conversion of derivative, A = grant/award, F = tax withholding.
- Specific line items: 667 shares (exercise/conversion, $0.00); 334 and 333 shares (exercise/conversion, shown as dispositions at $0.00); two awards of 4,675 shares each (grants, $0.00); 161 shares surrendered for tax withholding at $22.73/share → $3,660.
- Shares owned following the transactions: not specified in the provided excerpt of the Form 4.
- Notable footnotes:
- F3: 161 shares surrendered to satisfy tax withholding on RSU vesting.
- F4–F6: Some vesting relates to prior RSU awards (Feb 16, 2023 and Feb 16, 2024) and a new RSU award dated Feb 17, 2026.
- F8: One 4,675-share award is performance-based (PSUs); reported amount is the target and payout can range from 40%–180% depending on 3‑year performance (2026–2028).
- F2: Holdings include fractional shares from the Employee Stock Purchase Plan in 2025.
- Filing timeliness: Reported on Feb 19, 2026 for transactions on Feb 17, 2026 — the Form 4 was filed within the typical required window and is not marked late.
Context
- These entries represent awards and vesting (A and M codes) rather than open-market purchases or voluntary sales. The only “disposal” reported was the 161-share surrender to cover taxes (F), which is common when RSUs vest and does not indicate a market sale or change in investment stance.
- The PSU award is reported at target; final shares issuable will depend on performance metrics over 2026–2028.
Insider Transaction Report
Form 4
Parra Pedro
See Remarks
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-02-17+667→ 17,897.28 total - Tax Payment
Class A Common Stock
[F3]2026-02-17$22.73/sh−161$3,660→ 17,736.28 total - Exercise/Conversion
Restricted Stock Units LTI 2023
[F1][F4]2026-02-17−334→ 0 totalExercise: $0.00→ Class A Common Stock (334 underlying) - Exercise/Conversion
Restricted Stock Units LTI 2024
[F1][F5]2026-02-17−333→ 334 totalExercise: $0.00→ Class A Common Stock (333 underlying) - Award
Restricted Stock Units LTI 2026
[F1][F6]2026-02-17+4,675→ 4,675 totalExercise: $0.00→ Class A Common Stock (4,675 underlying) - Award
Performance Based Restricted Stock Units LTI 2026
[F7][F8]2026-02-17+4,675→ 4,675 totalExercise: $0.00→ Class A Common Stock (4,675 underlying)
Footnotes (8)
- [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
- [F2]Includes 261.73 and 265.97 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, Mr. Parra was awarded 1,000 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 Mr. Parra 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]On February 16, 2024, Mr. Parra was awarded 1,000 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 Mr. Parra 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.
- [F6]On February 17, 2026, Mr. Parra was awarded 4,675 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 Mr. Parra remains in the continuous service of the Company or a subsidiary through each such date.
- [F7]Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock.
- [F8]PSUs awarded to Mr. Parra, 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 Mr. Parra may earn.
Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Pedro Parra|2026-02-19