Eelman Anthony J. 4

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.