[Form 4] Ameresco, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ameresco, Inc. insider activity centers on spouse-held shares and RSU vesting. The spouse of EVP and General Counsel David Corrsin sold 50 shares of Class A Common Stock at $26.34 per share, under an automatic sell-to-cover instruction to pay withholding taxes on restricted stock unit vesting.
On the same date, 50 restricted stock units were converted into 50 shares of Class A Common Stock at a $0.00 exercise price, a non-market acquisition. After these transactions, Corrsin reports 20,471 shares held directly and 379 shares held indirectly by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 50 shares ($1,317)
Net Sell
4 txns
Insider
Corrsin David J
Role
EVP and General Counsel
Sold
50 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 50 | $26.34 | $1K |
| Exercise | Restricted Stock Unit | 50 | $0.00 | -- |
| Exercise | Class A Common Stock | 50 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 379 shares (Indirect, By Spouse);
Restricted Stock Unit — 150 shares (Indirect, By spouse);
Class A Common Stock — 20,471 shares (Direct)
Footnotes (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. The shares were sold pursuant to an automatic sell-to-cover instruction signed March 8, 2023 solely to cover applicable withholding taxes in connection with the vesting of RSUs. Each RSU represents a contingent right to receive one share of Ameresco, Inc. Class A Common Stock ("Common Stock"). Each RSU vests over two years with 25% vesting on each 6-month anniversary of the applicable grant date.