Ameresco director sells 10,000 shares under trading plan
Ameresco director Jennifer L. Miller reported routine stock activity involving both an option exercise and share sales.
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Form Type
4
Rhea-AI Filing Summary
Ameresco director Jennifer L. Miller reported routine stock activity involving both an option exercise and share sales. She exercised stock options to acquire 10,000 shares of Class A Common Stock at an exercise price of $4.74 per share, then sold a total of 10,000 shares in open-market transactions at weighted average prices of $32.13 and $32.73 per share. The sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 6, 2024, indicating these trades were scheduled in advance as part of her portfolio management and she remains a shareholder of Ameresco.
Insider Trade Summary 10b5-1
Exercise and Sale: 10,000 shares ($275K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Miller Jennifer L
Role
Director
Sold
10,000 shs ($323K)
Approx. gross sale proceeds
$323K
Approx. exercise cost
$47K
Approx. pre-tax spread
$275K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to purchase) | 10,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 10,000 | $4.74 | $47K |
| Sale | Class A Common Stock | 7,642 | $32.13 | $246K |
| Sale | Class A Common Stock | 2,358 | $32.73 | $77K |
Holdings After Transaction:
Stock Option (right to purchase) — 0 contracts (Direct);
Class A Common Stock — 22,111 shares (Direct)
Footnotes (4)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 6, 2024.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.57 to $32.43, inclusive.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.44 to $33.26 , inclusive. The reporting person undertakes to provide to Ameresco, Inc., any security holder of Ameresco, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2 and 3 to this Form 4.
- F4. Of the shares subject to the option, 20% vest on May 26, 2017, and the remainder vest in four equal installments on each of the subsequent four anniversaries of such date.
Key Figures
Shares sold block 1: 2,358 shares at $32.73
Shares sold block 2: 7,642 shares at $32.13
Options exercised: 10,000 shares at $4.74
+2 more
5 metrics
Shares sold block 1
2,358 shares at $32.73
Open-market sale of Class A Common Stock on May 18, 2026
Shares sold block 2
7,642 shares at $32.13
Open-market sale of Class A Common Stock on May 18, 2026
Options exercised
10,000 shares at $4.74
Exercise of stock options into Class A Common Stock
Total shares sold
10,000 shares
Net shares sold across reported open-market transactions
Trading plan adoption date
December 6, 2024
Date Jennifer L. Miller adopted Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock Option (right to purchase), Class A Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Option (right to purchase) financial
"security_title: "Stock Option (right to purchase)""
Class A Common Stock financial
"security_title: "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.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ameresco (AMRC) director Jennifer L. Miller report?
Ameresco director Jennifer L. Miller reported exercising options for 10,000 shares and selling 10,000 shares of Class A Common Stock. The sales occurred in open-market transactions at weighted average prices in the low $30s per share.
Did Jennifer L. Miller exercise stock options in this Ameresco (AMRC) Form 4?
Yes. Jennifer L. Miller exercised stock options covering 10,000 shares of Ameresco Class A Common Stock. The options had an exercise price of $4.74 per share, converting the derivative position into common shares before the reported sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
