AMRC Form 4: Sakellaris Receives 3,750 RSUs, Reports 1.3M Indirect Holdings
Rhea-AI Filing Summary
George P. Sakellaris, President and CEO of Ameresco, Inc. (AMRC), reported acquiring 3,750 restricted stock units (RSUs) on 09/10/2025 at a reported price of $0 per unit; each RSU converts to one share of Class A common stock and vests over two years with 25% vesting every six months. After the transaction he directly beneficially owns 11,250 shares and reports indirect ownership of 1,100,000 shares via a trust for his children and 200,000 shares held by his spouse. The filing was signed by an attorney-in-fact on 09/12/2025.
Positive
- Equity compensation disclosed: 3,750 RSUs granted, converting to shares and vesting over two years, increasing direct holdings.
- Transparency on family holdings: Reports indirect ownership of 1,100,000 shares via trust and 200,000 shares via spouse with disclaimer.
Negative
- None.
Insights
TL;DR: Insider acquisition of RSUs modestly increases direct holdings; large indirect holdings already exist via trust and spouse.
Sakellaris received 3,750 RSUs that convert to Class A shares and vest over two years, adding 11,250 direct shares after the grant. The filing discloses substantial indirect holdings of 1.1 million shares held in a trust for his children and 200,000 shares held by his spouse. This is a routine Section 16 disclosure documenting compensation-related equity grants and existing concentrated family holdings, with no cash purchase price reported for the RSUs.
TL;DR: Governance disclosure is standard: compensation grant documented and family-related indirect ownership disclosed and disclaimed.
The Form 4 properly identifies the reporting person as President and CEO and as a 10% owner, reports the grant code "M" for the RSUs, and includes disclaimers about beneficial ownership of trust- and spouse-held shares. Vesting schedule (25% each six months) is disclosed, clarifying the contingent nature of the RSUs. The filing appears complete for Section 16 purposes and signed by an authorized attorney-in-fact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,750 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,750 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Shares held by a trust for the benefit of the reporting person's children, who share the reporting person's household. The reporting person may be deemed the beneficial owner of the shares held by the trust. The reporting person disclaims beneficial ownership of the shares held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the trust's shares for purposes of Section 16 or for any other purpose. The reporting person disclaims beneficial ownership of the shares held by his spouse, and this report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose. Each RSU represents a contingent right to receive one share of Ameresco, Inc. Class A Common Stock ("Common Stock"). Each RSUs represents a contingent right to receive one share of Common Stock and vest over two years with 25% vesting on each 6-month anniversary of the applicable grant date.
