Amerant Bancorp Inc.·4

Jun 18, 4:55 PM ET

Nursey Michael E. 4

4 · Amerant Bancorp Inc. · Filed Jun 18, 2026

Research Summary

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Updated

Amerant (AMTB) SEVP Michael Nursey Receives 1,343 RSUs (Vests)

What Happened

  • Michael E. Nursey, SEVP and Chief Domestic Banking Officer of Amerant Bancorp (AMTB), had 1,343 restricted stock units (RSUs) convert to shares on June 17, 2026. The reported per-share value used for withholding was $23.23, implying a gross value of roughly $31,209 for the vested shares. To satisfy tax withholding, 328 shares were surrendered (disposed) valued at about $7,619, leaving a net of approximately 1,015 shares delivered to Mr. Nursey.

Key Details

  • Transaction date: June 17, 2026; Form 4 filed June 18, 2026 (timely — filed one business day after the transaction).
  • Vesting/conversion: 1,343 RSUs converted to 1,343 shares (transaction code M).
  • Tax withholding: 328 shares surrendered at $23.23/share for $7,619 (transaction code F).
  • Net shares received: ~1,015 (1,343 vested − 328 withheld).
  • Shares owned after transaction: not specified in the filing.
  • Footnotes: RSUs are economic equivalents to Class A common shares; the withheld shares satisfied tax obligations upon vesting. The RSUs were part of a June 17, 2024 award of 6,716 RSUs with a staged vesting schedule (20% each on first two anniversaries, 60% on the third).

Context

  • This was not an open-market buy or sale but the scheduled vesting/conversion of previously granted RSUs with routine tax-withholding via share surrender. Such transactions are standard compensation events and do not by themselves indicate a buy or sell market signal.

Insider Transaction Report

Form 4
Period: 2026-06-17
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1]
    2026-06-17+1,3433,442 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-06-17$23.23/sh328$7,6193,114 total
  • Exercise/Conversion

    Restricted Stock Units sign-on

    [F1][F3]
    2026-06-171,3434,030 total
    Exercise: $0.00Class A Common Stock (1,343 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 June 17, 2024, Mr. Nursey was awarded 6,716 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. Twenty percent (20%) of the restricted stock units vests on each of the first two anniversaries of the date of grant and the remaining sixty percent (60%) will vest on the third anniversary 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|2026-06-18

Documents

1 file
  • 4
    wk-form4_1781816126.xmlPrimary

    FORM 4