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Amerant Bancorp Inc.·4

Feb 19, 6:38 PM ET

Parra Pedro 4

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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.