Amerant Bancorp officer exercises RSUs, surrenders shares
Amerant Bancorp Inc. officer Pedro Parra reported equity award activity in Class A Common Stock.
Rhea-AI Filing Summary
Amerant Bancorp Inc. officer Pedro Parra reported equity award activity in Class A Common Stock. On February 18, 2026, he exercised 666 Restricted Stock Units, which are each economically equivalent to one share of Class A Common Stock, receiving 666 shares at no cash cost. A related derivative entry reflects the RSU conversion. He then surrendered 163 shares of Class A Common Stock at $22.38 per share to satisfy tax withholding obligations upon vesting. After these transactions, he directly owned 18,239.28 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units LTI 2025 | 666 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 666 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 163 | $22.38 | $4K |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
- F2. Reflects the shares of Class A Common Stock that were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of RSUs.
- F3. On February 18, 2025, Mr. Parra was awarded 2,000 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. The award vests in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mr. Parra remains in the continuous service of the Company or a subsidiary through each such date.
FAQ
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What insider transactions did Amerant Bancorp (AMTB) report for Pedro Parra?
Did the Amerant Bancorp (AMTB) insider transaction involve an open-market stock purchase or sale?
What are the terms of Pedro Parra’s Amerant Bancorp (AMTB) RSU award?
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