Nursey Michael E. 4
4 · Amerant Bancorp Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Amerant Bancorp (AMTB) Michael Nursey Receives RSU & PSU Award
What Happened
Michael E. Nursey, Senior Executive Vice President and Chief Domestic Banking Officer of Amerant Bancorp (AMTB), was awarded two equity-based grants on February 17, 2026: 5,939 restricted stock units (RSUs) and 5,939 performance-based restricted stock units (PSUs). Both awards are reported as derivative grants at $0.00 (no cash paid). In total the grants equal 11,878 units at target (RSUs + target PSUs), each unit representing the economic equivalent of one share of Class A common stock upon vesting.
Key Details
- Transaction date: February 17, 2026; Filing date: February 19, 2026 (filed within normal 2-business-day window).
- Reported price: $0.00 (award/grant, transaction code A).
- Award amounts: 5,939 RSUs + 5,939 PSUs (target) — 11,878 units reported in total.
- RSU vesting: vested in substantially equal installments on each of the first three anniversaries of the grant, subject to continued service.
- PSU vesting: performance-based over a 3-year period (Jan 1, 2026–Dec 31, 2028); actual payout can range from 40% to 180% of target based on Committee-set metrics (Relative Adjusted ROTA and Relative Total Shareholder Return). Reported number is the target number of PSUs.
- Shares owned after transaction: not stated in the supplied filing data.
- Remarks: Listed role — SEVP, Chief Domestic Banking Officer.
Context
These were compensation awards (derivative grants), not open-market purchases or sales. RSUs convert to shares upon vesting (time-based), while PSUs convert based on future performance and may pay out more or less than target. Such grants are common executive compensation and do not, by themselves, signal insider buying or selling intent.
Insider Transaction Report
- Award
Restricted Stock Units LTI 2026
[F1][F2]2026-02-17+5,939→ 5,939 totalExercise: $0.00→ Class A Common Stock (5,939 underlying) - Award
Performance Based Restricted Stock Units LTI 2026
[F3][F4]2026-02-17+5,939→ 5,939 totalExercise: $0.00→ Class A Common Stock (5,939 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
- [F2]On February 17, 2026, Mr. Nursey was awarded 5,939 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. Nursey remains in the continuous service of the Company or a subsidiary through each such date.
- [F3]Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock.
- [F4]PSUs awarded to Mr. Nursey, 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. Nursey may earn.