Eelman Anthony J. 4
4 · Amerant Bancorp Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Amerant (AMTB) EVP Anthony J. Eelman Receives RSU & PSU Award
What Happened
Anthony J. Eelman, Executive Vice President and Chief Products Officer of Amerant Bancorp (AMTB), was granted two equity awards on February 17, 2026: 4,399 restricted stock units (RSUs) and 4,399 performance-based restricted stock units (PSUs). Both awards are reported as derivative grants at $0.00 per share (no cash paid). RSUs convert to shares upon vesting; PSUs convert to shares based on future performance and can pay out between 40% and 180% of target.
Key Details
- Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (timely filing).
- Award details: 4,399 RSUs (each equals one share upon vesting) and 4,399 target PSUs (performance-adjusted). Reported grant price: $0.00.
- Vesting: RSUs vest in substantially equal installments on each of the first three anniversaries of the grant, subject to continued service. PSUs vest based on performance over a three-year period (Jan 1, 2026 – Dec 31, 2028) with payout ranging from 40%–180% of the target number, and are also subject to service requirements.
- Shares owned after transaction: not specified in the information provided on this filing.
- Footnotes: F1/F3 confirm each RSU/PSU equals one share upon vesting; F2/F4 describe vesting schedule and performance metrics (Relative Adjusted Return on Average Tangible Common Equity and Relative Total Shareholder Return).
- Transaction code: A = Award/Grant (derivative).
Context
These awards are part of typical executive compensation and do not represent an open-market purchase or sale. RSUs are time-based and PSUs are performance-based, so the actual number of shares that will be received in the future depends on continued employment and attainment of specified performance goals.
Insider Transaction Report
- Award
Restricted Stock Units LTI 2026
[F1][F2]2026-02-17+4,399→ 4,399 totalExercise: $0.00→ Class A Common Stock (4,399 underlying) - Award
Performance Based Restricted Stock Units LTI 2026
[F3][F4]2026-02-17+4,399→ 4,399 totalExercise: $0.00→ Class A Common Stock (4,399 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
- [F2]On February 17, 2026, Mr. Eelman was awarded 4,399 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. Eelman remains in the continuous service of the Company or a subsidiary through each such date.
- [F3]Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock.
- [F4]PSUs awarded to Mr. Eelman, each representing the right to receive, following vesting, one share of Class A Common Stock. The actual number of PSUs earned shall be based on the achievement of the Relative Adjusted Return on Average Tangible Common Equity at a Threshold, Target or Maximum level set by the Compensation and Human Capital Committee (the "Committee") further modified by the achievement of specified Threshold, Target or Maximum levels set by the Committee of Relative Total Shareholder Return for a 3-year period beginning January 1, 2026 and ending on December 31, 2028, and in general can range from 40% to 180% of the PSUs. The number reported reflects the target number of PSUs Mr. Eelman may earn.