Amerant Bancorp (AMTB) officer reports RSU vesting and tax withholding shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Amerant Bancorp Inc. officer Michael E. Nursey reported routine equity compensation activity involving restricted stock units tied to Class A common stock. He exercised 1,343 RSUs, each equal to one share, converting them into Class A common shares. In connection with this vesting, 328 shares were surrendered at a price of $23.23 per share to cover tax withholding obligations, rather than being sold in the open market.

Following these transactions, Nursey holds 3,114 shares of Class A common stock directly. The RSU award was part of a sign-on grant made on June 17, 2024, under which 6,716 RSUs vest 20% on each of the first two anniversaries of the grant date and 60% on the third anniversary, contingent on his continued service with the company.

Insider Trade Summary

1,343 shares exercised/converted

Mixed 3 txns

Insider Nursey Michael E.

Role See remarks

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units sign-on	1,343	$0.00	--
Exercise	Class A Common Stock	1,343	$0.00	--
Tax Withholding	Class A Common Stock	328	$23.23	$8K

Holdings After Transaction: Restricted Stock Units sign-on — 4,030 shares (Direct, null); Class A Common Stock — 3,442 shares (Direct, null)

Footnotes (1)

Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. 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. On June 17, 2024, Mr. Nursey was awarded 6,716 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. Twenty percent (20%) of the restricted stock units vests on each of the first two anniversaries of the date of grant and the remaining sixty percent (60%) will vest on the third anniversary of the date of grant, provided that Mr. Nursey remains in the continuous service of the Company or a subsidiary through each such date.

Key Figures

Shares surrendered for taxes: 328 shares at $23.23 RSUs vested into shares: 1,343 shares Shares held after transactions: 3,114 shares +2 more

5 metrics

Shares surrendered for taxes 328 shares at $23.23 Tax withholding upon RSU vesting on June 17, 2026

RSUs vested into shares 1,343 shares Exercise of RSUs economically equivalent to Class A common stock

Shares held after transactions 3,114 shares Direct Class A common stock holdings following reported Form 4 activity

Sign-on RSU grant 6,716 RSUs Awarded June 17, 2024, subject to multi-year vesting schedule

RSU vesting schedule 20%, 20%, 60% First two anniversaries then third anniversary of June 17, 2024 grant

Key Terms

Restricted Stock Units, tax withholding obligation, economic equivalent, continuous service

4 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligation financial

"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."

economic equivalent financial

"Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock."

continuous service financial

"will vest on the third anniversary ... provided that Mr. Nursey remains in the continuous service of the Company or a subsidiary"

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Form 4 Insider Transactions: What Each Field Means →

06/18/2026 - 04:55 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Nursey Michael E.

(Last)

(First)

(Middle)

C/O AMERANT BANCORP INC.

220 ALHAMBRA CR., 12TH FLOOR

(Street)

CORAL GABLES

FLORIDA

33134

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Amerant Bancorp Inc. [ AMTB ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	See remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/17/2026		M		1,343	A	$0⁽¹⁾	3,442	D
Class A Common Stock	06/17/2026		F		328⁽²⁾	D	$23.23	3,114	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units sign-on	$0⁽¹⁾	06/17/2026		M			1,343	⁽³⁾	⁽³⁾	Class A Common Stock	1,343	$0	4,030	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.

2. 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.

3. On June 17, 2024, Mr. Nursey was awarded 6,716 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. Twenty percent (20%) of the restricted stock units vests on each of the first two anniversaries of the date of grant and the remaining sixty percent (60%) will vest on the third anniversary of the date of grant, provided that Mr. Nursey remains in the continuous service of the Company or a subsidiary through each such date.

Remarks:

SEVP and Chief Domestic Banking Officer

	/s/ Julio Pena, as Attorney-in-Fact for Michael E. Nursey	06/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Amerant Bancorp (AMTB) report for Michael E. Nursey?

Amerant Bancorp reported that officer Michael E. Nursey vested 1,343 restricted stock units into Class A common shares and surrendered 328 shares at $23.23 each to satisfy tax withholding obligations, a non-market disposition linked to his equity compensation.

Did Michael E. Nursey of AMTB buy or sell shares on the open market?

The filing shows no open-market buys or sells. Shares were acquired through vesting of 1,343 RSUs and 328 shares were surrendered solely to cover tax withholding, which is recorded as a disposition but not an open-market sale.

How many Amerant Bancorp shares does Michael E. Nursey hold after this Form 4?

After the reported transactions, Michael E. Nursey holds 3,114 shares of Amerant Bancorp Class A common stock directly. This reflects RSU vesting activity and related tax-withholding share surrender disclosed in the Form 4 filing.

What was the size of the RSU vesting reported for AMTB’s Michael E. Nursey?

Nursey exercised 1,343 restricted stock units into Class A common shares. Each RSU is economically equivalent to one share, so this vesting increased his stock position before accounting for 328 shares surrendered for tax withholding obligations.

What are the vesting terms of Michael E. Nursey’s 6,716 RSU sign-on award at AMTB?

The 6,716 RSU sign-on award vests 20% on each of the first two anniversaries of the June 17, 2024 grant date, and the remaining 60% vests on the third anniversary, provided he remains in continuous service with Amerant Bancorp or a subsidiary.

Why did AMTB report a tax-withholding disposition for Michael E. Nursey?

A tax-withholding disposition was recorded because 328 shares of Class A common stock were surrendered to satisfy Nursey’s tax obligations upon RSU vesting. This approach uses shares instead of cash for taxes and is categorized as a disposition in the Form 4.