Nursey Michael E. 4
4 · Amerant Bancorp Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
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
Nursey Michael E.
See remarks
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-06-17+1,343→ 3,442 total - Tax Payment
Class A Common Stock
[F2]2026-06-17$23.23/sh−328$7,619→ 3,114 total - Exercise/Conversion
Restricted Stock Units sign-on
[F1][F3]2026-06-17−1,343→ 4,030 totalExercise: $0.00→ Class 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