Ameresco (NYSE: AMRC) EVP exercises options for 20,000 shares

Rhea-AI Filing Summary

Ameresco, Inc. executive David J. Corrsin reported exercising stock options and acquiring common shares. On the reported date, he exercised a stock option for 20,000 shares of Class A common stock at an exercise price of $4.64 per share through a derivative exercise/conversion.

Following this transaction, he directly held 20,471 shares of Ameresco Class A common stock. A further 379 shares are held indirectly by his spouse, for which he disclaims beneficial ownership. The option exercised was part of a 2016 grant tied to service and performance goals, of which 44,401 shares ultimately vested.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Corrsin David J

(Last) (First) (Middle)

C/O AMERESCO, INC.

111 SPEEN STREET, SUITE 410

(Street)

FRAMINGHAM MA 01701

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ameresco, Inc. [ AMRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/27/2026		M		20,000	A	$4.64	20,471	D
Class A Common Stock								379	I	By Spouse(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to purchase)	$4.64	02/27/2026		M			20,000	03/22/2019(2)	05/10/2026	Class A Common Stock	20,000	$0	0	D

Explanation of Responses:

1. 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.

2. On May 10, 2016, the reporting person was granted an option to purchase 50,000 shares of Class A common stock. The option vested based on continued service to Ameresco, Inc. and performance relative to goals established for the three-year performance period from January 1, 2016 to December 31, 2018. Based on the level of achievement of these goals, as determined by Ameresco, Inc.'s Compensation Committee, this option vested as to 44,401 shares.

Remarks:

	David J. Corrsin	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Ameresco (AMRC) report for David J. Corrsin?

Ameresco reported that EVP and General Counsel David J. Corrsin exercised stock options for 20,000 shares of Class A common stock. The transaction was coded as a derivative exercise/conversion, increasing his direct ownership position in Ameresco shares as disclosed in the Form 4 filing.

How many Ameresco (AMRC) shares does David J. Corrsin now directly own?

After the reported transactions, David J. Corrsin directly owns 20,471 shares of Ameresco Class A common stock. This figure reflects the 20,000 shares acquired through option exercise plus his prior holdings, as summarized in the ownership column following the transaction on the Form 4.

What was the exercise price of the Ameresco (AMRC) stock options?

The exercised stock options had an exercise price of $4.64 per share for 20,000 shares of Ameresco Class A common stock. This exercise converted derivative securities into common stock, as indicated by the transaction code "M" for an exercise or conversion of a derivative security.

Does David J. Corrsin have indirect ownership of Ameresco (AMRC) shares?

The Form 4 shows 379 Ameresco Class A shares held indirectly by his spouse. The filing states that Corrsin disclaims beneficial ownership of these spouse-held shares, clarifying they should not be deemed his for Section 16 or other legal ownership purposes.

What is the background of the Ameresco (AMRC) option grant exercised by Corrsin?

The exercised option came from a May 10, 2016 grant for 50,000 shares of Class A common stock. Vesting depended on continued service and performance versus goals from January 1, 2016 to December 31, 2018, with 44,401 shares ultimately vesting based on achieved performance.

What transaction code was used in the Ameresco (AMRC) Form 4 filing?

The Form 4 lists transaction code "M" for both related entries, indicating an exercise or conversion of a derivative security. This code confirms the activity was an option exercise, not an open-market purchase or sale of Ameresco Class A common stock.