Equity awards reshape Amerant Bancorp (AMTB) officer Mariola Sanchez’s share stake
Rhea-AI Filing Summary
Amerant Bancorp Inc. officer Mariola Sanchez reported several equity compensation transactions tied to long-term incentive awards. On February 17, 2026, previously granted RSUs from 2023 and 2024 vested and were converted into 2,928 shares of Class A common stock, leaving her with 18,691.61 shares held directly after related entries.
On the same date, Sanchez received new grants of 6,269 restricted stock units and 6,269 performance-based RSUs under the 2026 long-term incentive program, each unit economically equivalent to one common share. The performance-based RSUs can ultimately pay out between 40% and 180% of the target amount based on relative return and shareholder return metrics over a period from January 1, 2026 to December 31, 2028. A total of 802 shares of common stock were surrendered at $22.73 per share to satisfy tax withholding upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units LTI 2023 | 1,229 | $0.00 | -- |
| Exercise | Restricted Stock Units LTI 2024 | 1,699 | $0.00 | -- |
| Grant/Award | Restricted Stock Units LTI 2026 | 6,269 | $0.00 | -- |
| Grant/Award | Performance Based Restricted Stock Units LTI 2026 | 6,269 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,928 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 802 | $22.73 | $18K |
Footnotes (1)
- Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. Includes 264.46 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 28, 2025. 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, Mrs. Sanchez was awarded 3,686 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 Mrs. Sanchez 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, Mrs. Sanchez was awarded 5,097 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 Mrs. Sanchez 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, Mrs. Sanchez was awarded 6,269 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 Mrs. Sanchez 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 Mrs. Sanchez, 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 Mrs. Sanchez may earn.