Amerant Bancorp (AMTB) awards 1,093 RSUs to accounting chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amerant Bancorp Inc. reported that EVP and Chief Accounting Officer Armando Fleitas received a grant of 1,093 restricted stock units (RSUs). Each RSU is the economic equivalent of one share of Class A common stock and will convert into shares after vesting.
The award is described as a one-time special recognition grant. Twenty percent of the RSUs vest on each of the first two anniversaries of the June 8, 2026 grant date, and the remaining 60% vest on the third anniversary, contingent on Mr. Fleitas’ continued service. Following this grant, he holds 1,093 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fleitas Armando
Role
EVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,093 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,093 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. On June 8, 2026, Mr. Fleitas was awarded 1,093 RSUs as a one-time special recognition award, each RSU represents the right to receive, following vesting, one share of Class A Common Stock. Twenty percent (20%) of the RSUs will vest 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. Fleitas remains in the continuous service of the Company or a subsidiary through each such date.
Key Figures
RSUs granted: 1,093 units
Post-transaction RSU holdings: 1,093 units
Vesting schedule year 1: 20%
+3 more
6 metrics
RSUs granted
1,093 units
One-time special recognition award on June 8, 2026
Post-transaction RSU holdings
1,093 units
Direct holdings following the grant
Vesting schedule year 1
20%
Vests on first anniversary of June 8, 2026 grant date
Vesting schedule year 2
20%
Vests on second anniversary of June 8, 2026 grant date
Vesting schedule year 3
60%
Vests on third anniversary of June 8, 2026 grant date
RSU-to-share ratio
1:1
Each RSU equals one share of Class A Common Stock
Key Terms
Restricted Stock Units, Class A Common Stock, economic equivalent, vesting, +1 more
5 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.
Class A Common Stock financial
"Each RSU represents the right to receive, following vesting, one share of 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.
economic equivalent financial
"Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock."
vesting financial
"RSUs will vest on each of the first two anniversaries of the date of grant and the remaining sixty percent (60%) will vest on the third anniversary."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"Provided that Mr. Fleitas remains in the continuous service of the Company or a subsidiary through each such date."
FAQ
What insider transaction did Amerant Bancorp (AMTB) disclose for Armando Fleitas?
Amerant Bancorp disclosed that EVP and Chief Accounting Officer Armando Fleitas received a one-time special recognition grant of 1,093 restricted stock units. Each RSU is tied to one share of Class A common stock, subject to a multi-year vesting schedule based on continued service.
How many restricted stock units were granted to the Amerant Bancorp (AMTB) executive?
The filing shows a grant of 1,093 restricted stock units to EVP and Chief Accounting Officer Armando Fleitas. These RSUs are compensation, not an open-market purchase, and represent potential future shares of Class A common stock once vesting conditions are satisfied.
What is the vesting schedule for the 1,093 RSUs at Amerant Bancorp (AMTB)?
The 1,093 RSUs vest over three years: 20% on each of the first two anniversaries of the June 8, 2026 grant date and 60% on the third anniversary. Vesting requires Mr. Fleitas to remain in continuous service through each vesting date.
What does each Amerant Bancorp (AMTB) RSU represent in this Form 4?
Each restricted stock unit is the economic equivalent of one share of Amerant Bancorp Class A common stock. After the RSUs vest, Mr. Fleitas is entitled to receive one share of Class A common stock for each unit, aligning his compensation with shareholder value.
Is the Amerant Bancorp (AMTB) RSU award to Armando Fleitas recurring or one-time?
The disclosure describes the grant of 1,093 RSUs to Armando Fleitas as a one-time special recognition award. This characterizes it as a specific compensation event rather than a regularly scheduled annual equity grant program for this executive.
How many RSUs does Amerant Bancorp (AMTB) executive Armando Fleitas hold after this grant?
After the transaction, Mr. Fleitas is reported as directly holding 1,093 restricted stock units. These units are subject to the stated three-year vesting schedule and will settle into Class A common stock if he meets the continued service requirements.