Ameresco (AMRC) director converts 10,435 RSUs, lifting direct Class A stake to 23,824 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ameresco, Inc. director Charles R. Patton increased his holdings through equity compensation. On the reported date, he acquired 10,435 shares of Class A Common Stock at a price of $0.00 per share by exercising vested Restricted Stock Units, rather than buying shares on the open market.
Following this transaction, he directly holds 23,824 shares of Class A Common Stock. The RSUs are described as an annual grant under Ameresco’s non-employee director compensation plan and each unit represents a contingent right to receive one share, vesting in full on the first anniversary of the grant date assuming continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,435 shares exercised/converted
Mixed
2 txns
Insider
Patton Charles R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 10,435 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,435 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Class A Common Stock — 23,824 shares (Direct, null)
Footnotes (1)
- Annual grant pursuant to Ameresco, Inc.'s non-employee director compensation plan. Each RSU represents a contingent right to receive one share of Ameresco, Inc. Class A Common Stock ("Common Stock"). The RSUs vest in full on the first anniversary of the grant date, assuming continues service through the vesting date.
Key Figures
RSUs exercised: 10,435 shares
Price per share on exercise: $0.00 per share
Shares held after transaction: 23,824 shares
+1 more
4 metrics
RSUs exercised
10,435 shares
Restricted Stock Units converted into Class A Common Stock
Price per share on exercise
$0.00 per share
Exercise of Restricted Stock Units into common shares
Shares held after transaction
23,824 shares
Direct holdings of Class A Common Stock following Form 4 transaction
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents one share of Class A Common Stock
Key Terms
Restricted Stock Unit, non-employee director compensation plan, Class A Common Stock, contingent right, +1 more
5 terms
Restricted Stock Unit financial
"The security title includes "Restricted Stock Unit" for the derivative transaction."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
non-employee director compensation plan financial
"Annual grant pursuant to Ameresco, Inc.'s non-employee director compensation plan."
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Ameresco, Inc. Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each RSU represents a contingent right to receive one share of Ameresco, Inc. Class A Common Stock."
vest in full financial
"The RSUs vest in full on the first anniversary of the grant date."
FAQ
What insider transaction did Ameresco (AMRC) director Charles R. Patton report?
Charles R. Patton reported acquiring 10,435 Ameresco Class A shares by exercising Restricted Stock Units at $0.00 per share. This was a compensation-related equity conversion, not an open-market stock purchase or sale.
Was the Ameresco (AMRC) Form 4 transaction a stock purchase or sale?
The Form 4 does not show an open-market purchase or sale. It records the exercise of 10,435 Restricted Stock Units into Ameresco Class A Common Stock at $0.00 per share as part of equity compensation.
What are the terms of the Ameresco (AMRC) Restricted Stock Units reported?
Each Restricted Stock Unit represents a contingent right to receive one Ameresco Class A share. According to the disclosure, the RSUs vest in full on the first anniversary of the grant date, assuming continued service through that vesting date.
How is the Ameresco (AMRC) director equity grant described in the Form 4 footnotes?
The equity is described as an annual grant under Ameresco’s non-employee director compensation plan. The footnotes state that the Restricted Stock Units convert into Class A Common Stock on vesting, subject to continued service through the one-year anniversary of the grant.