Equity awards reshape Amerant Bancorp (AMTB) executive’s stock holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amerant Bancorp Inc. executive Carlos Iafigliola reported multiple equity compensation transactions. On February 17, 2026, 1,608 Restricted Stock Units from a 2023 long‑term incentive award and 2,334 RSUs from a 2024 award vested, each unit converting into one share of Class A common stock at no cash cost.
On the same date, he received new long‑term incentive grants of 14,023 RSUs and 14,023 performance‑based RSUs, each economically equivalent to one share of Class A common stock. Following RSU vesting, 3,942 Class A shares were acquired and 960 shares at $22.73 per share were withheld to satisfy tax obligations, leaving 18,945.61 Class A shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,942 shares exercised/converted
Mixed
6 txns
Insider
Iafigliola Carlos
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units LTI 2023 | 1,608 | $0.00 | -- |
| Exercise | Restricted Stock Units LTI 2024 | 2,334 | $0.00 | -- |
| Grant/Award | Restricted Stock Units LTI 2026 | 14,023 | $0.00 | -- |
| Grant/Award | Performance Based Restricted Stock Units LTI 2026 | 14,023 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,942 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 960 | $22.73 | $22K |
Holdings After Transaction:
Restricted Stock Units LTI 2023 — 0 shares (Direct);
Restricted Stock Units LTI 2024 — 2,335 shares (Direct);
Restricted Stock Units LTI 2026 — 14,023 shares (Direct);
Performance Based Restricted Stock Units LTI 2026 — 14,023 shares (Direct);
Class A Common Stock — 19,905.61 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. Includes 130.86 and 132.98 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on May 30, 2025 and November 28, 2025, respectively. 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 February 16, 2023, Mr. Iafigliola was awarded 4,822 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. Iafigliola remains in the continuous service of the Company or a subsidiary through each such date. Since the anniversary of the date of grant was on Monday, February 16, 2026, a federal holiday, the vesting occurred on Tuesday, February 17, 2026, the next business day. On February 16, 2024, Mr. Iafigliola was awarded 7,003 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. Iafigliola remains in the continuous service of the Company or a subsidiary through each such date. Since the anniversary of the date of grant was on Monday, February 16, 2026, a federal holiday, the vesting occurred on Tuesday, February 17, 2026, the next business day. On February 17, 2026, Mr. Iafigliola was awarded 14,023 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. Iafigliola remains in the continuous service of the Company or a subsidiary through each such date. Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock. PSUs awarded to Mr. Iafigliola, each representing the right to receive, following vesting, one share of Class A Common Stock. The actual number of PSUs earned shall be based on the achievement of the Relative Adjusted Return on Average Tangible Common Equity at a Threshold, Target or Maximum level set by the Compensation and Human Capital Committee (the "Committee") further modified by the achievement of specified Threshold, Target or Maximum levels set by the Committee of Relative Total Shareholder Return for a 3-year period beginning January 1, 2026 and ending on December 31, 2028, and in general can range from 40% to 180% of the PSUs. The number reported reflects the target number of PSUs Mr. Iafigliola may earn.
FAQ
What equity awards did Amerant Bancorp (AMTB) grant to Carlos Iafigliola?
Amerant Bancorp granted Carlos Iafigliola 14,023 Restricted Stock Units and 14,023 performance-based RSUs under its 2026 long-term incentive program. Each unit is economically equivalent to one share of Class A common stock and vests over three years, subject to continued service and performance conditions.
Which Amerant Bancorp (AMTB) RSU awards vested for Carlos Iafigliola?
RSUs from Amerant Bancorp’s 2023 and 2024 long-term incentive awards vested for Carlos Iafigliola. On February 17, 2026, 1,608 units from the 2023 award and 2,334 units from the 2024 award each converted into one share of Class A common stock without any exercise price.
What performance conditions apply to Amerant Bancorp (AMTB) performance-based RSUs?
Performance-based RSUs granted to Carlos Iafigliola depend on Relative Adjusted Return on Average Tangible Common Equity and Relative Total Shareholder Return for a period from January 1, 2026 to December 31, 2028. The actual PSUs earned can range from 40% to 180% of the target amount reported.