Parra Pedro 4

4 · Amerant Bancorp Inc. · Filed Feb 20, 2026

AI-generated summary of this filing

Updated Feb 20, 2026

Amerant Bancorp (AMTB) Insider Pedro Parra Exercises RSUs, Surrenders Shares

What Happened

Pedro Parra (insider) had 666 restricted stock units (RSUs) convert to common shares on 2026-02-18 (recorded as derivative exercise/conversion). Of those vested shares, 163 were surrendered to satisfy tax withholding at $22.38 per share (total value surrendered = $3,648). The conversion was treated as an acquisition of 666 shares at $0 (RSUs vesting) and a related disposal of 163 shares to cover taxes, leaving a net increase of 503 shares held.

Key Details

Transaction date: 2026-02-18; Filing date: 2026-02-20 (timely).
Conversion/acquisition: 666 shares from RSU vesting (reported as derivative exercise/conversion, $0 per share).
Tax withholding: 163 shares surrendered at $22.38 each, totaling $3,648 (reported as disposition to satisfy tax liability).
Net shares added to Parra’s holdings: 503 shares (666 vested − 163 withheld).
Footnotes: F1 = each RSU equals one share; F2 = shares were surrendered to satisfy tax withholding; F3 = these RSUs were part of a 2,000-RSU award on Feb 18, 2025 that vests in roughly equal installments over three years.
Shares owned after transaction: Not specified in the filing.

Context

This was a routine vesting of RSUs with a cashless-style tax withholding (shares surrendered to cover taxes), not an open-market buy or sell. Such withholding transactions are common and typically reflect tax obligations rather than a decision to sell for investment reasons.

Form 4

Period: 2026-02-18

See Remarks

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-02-18+666→ 18,402.28 total
Tax Payment
Class A Common Stock
[F2]
2026-02-18$22.38/sh−163$3,648→ 18,239.28 total
Exercise/Conversion
Restricted Stock Units LTI 2025
[F1][F3]
2026-02-18−666→ 1,334 total
Exercise: $0.00→ Class A Common Stock (666 underlying)

Footnotes (3)

[F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
[F2]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.
[F3]On February 18, 2025, Mr. Parra was awarded 2,000 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.

Signature

/s/ Julio V. Pena, as Attorney-in-Fact for Pedro Parra|2026-02-20

1 file