Nursey Michael E. 4

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.