Amerant Bancorp: SEVP Michael E. Nursey exercised 500 shares

What happened

• Michael E. Nursey, SEVP and chief domestic banking officer, had 500 restricted stock units (RSUs) exercise/convert into 500 shares on Oct 8, 2026. The filing shows 122 shares were surrendered to cover tax withholding at $29.03 per share for $3,542. The filing also lists a derivative disposition of 500 shares at $0.00 (related to the conversion).

Key details

• Transaction date(s): Oct 8, 2026.
• Prices and values: RSU conversion listed at $0.00 (M); tax withholding disposition 122 shares at $29.03 for $3,542 (F).
• Shares owned after the transaction: not stated in the filing.
• Relevant footnotes:
  • F1: Each RSU equals one share of Class A common stock.
  • F2: Shares were surrendered to satisfy tax withholding upon RSU vesting.
  • F3: The RSUs were part of a 2,500 RSU award on Oct 8, 2025 with 20% vesting on each of the first two anniversaries and 60% on the third, subject to continued service.
• Filing date: Oct 9, 2026 (one day after the transaction).

Why it may matter

• The filing shows RSUs vested and were converted to shares, with 122 shares surrendered to satisfy taxes (a cashless withholding rather than an open-market sale).
• For derivative entries, the filing reports the exercise/conversion of RSUs; it does not state further intent or disposition beyond the tax withholding entry.
• This filing does not show why the insider traded or why the company acted.