Amerant Bancorp Inc.·4

Feb 20, 6:35 PM ET

Nursey Michael E. 4

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

Research Summary

AI-generated summary of this filing

Updated

Amerant (AMTB) Insider Michael E. Nursey Exercises RSUs, Sells Shares

What Happened

  • Michael E. Nursey (insider) had 666 restricted stock units (RSUs) convert to 666 shares on February 18, 2026. No cash exercise price was paid. To satisfy tax withholding, 187 of the shares were surrendered/disposed at $22.38 each, generating proceeds of $4,185. The conversion reflects vesting of an earlier RSU award.

Key Details

  • Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (timely).
  • Conversions/Exercises: 666 RSUs converted to 666 shares (reported as derivative exercise M).
  • Tax withholding: 187 shares surrendered/disposed at $22.38 each for $4,185 (code F).
  • Shares owned after transaction: not specified in the filing.
  • Footnotes: F1 — each RSU equals one share; F2 — 187 shares were surrendered for tax withholding; F3 — these RSUs came from a 2,000-RSU award granted Feb 18, 2025 that vests in three substantially equal annual installments.

Context

  • This was a routine vesting/conversion of RSUs, not an open‑market purchase. The only shares sold were surrendered to cover taxes (a common practice) and should not be read as a discretionary sale indicating sentiment. The derivative code (M) indicates conversion/exercise of equity awards; code F denotes shares used for tax payment.

Insider Transaction Report

Form 4
Period: 2026-02-18
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1]
    2026-02-18+6661,681 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-02-18$22.38/sh187$4,1851,494 total
  • Exercise/Conversion

    Restricted Stock Units LTI 2025

    [F1][F3]
    2026-02-186661,334 total
    Exercise: $0.00Class A Common Stock (666 underlying)
Footnotes (3)
  • [F1]Each 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. Nursey 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. Nursey remains in the continuous service of the Company or a subsidiary through each such date.
Signature
/s/ Julio Pena, as Attorney-in-Fact for Michael E. Nursey|2026-02-20

Documents

1 file
  • 4
    wk-form4_1771630544.xmlPrimary

    FORM 4