Amerant Bancorp (AMTB) awards 2,000 RSUs to Senior Executive VP Parra
Rhea-AI Filing Summary
Amerant Bancorp Inc. reported an insider equity award to a senior executive. On December 1, 2025, Pedro Parra received 2,000 restricted stock units (RSUs) in connection with his promotion to Senior Executive Vice-President and Chief International Banking Officer. Each RSU is the economic equivalent of one share of Class A Common Stock and has an exercise price of $0.
The award vests over three years: 20% of the RSUs vest on each of the first two anniversaries of the grant date, and the remaining 60% vest on the third anniversary, provided Mr. Parra remains in continuous service with the company or a subsidiary. Following the grant, he beneficially owns 2,000 RSUs directly.
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FAQ
What insider transaction did Amerant Bancorp Inc. (AMTB) report?
Amerant Bancorp Inc. reported an equity award to executive Pedro Parra. On December 1, 2025, he received 2,000 restricted stock units (RSUs) tied to the company’s Class A Common Stock.
Who is the reporting person in this Amerant Bancorp (AMTB) Form 4?
The reporting person is Pedro Parra, an officer of Amerant Bancorp Inc. The award was made in connection with his promotion to Senior Executive Vice-President and Chief International Banking Officer.
What are the terms of the 2,000 RSU grant reported for AMTB?
The grant consists of 2,000 RSUs, each economically equivalent to one share of Class A Common Stock. The RSUs have an exercise price of $0 and represent the right to receive shares following vesting.
How do the Amerant Bancorp (AMTB) RSUs granted to Pedro Parra vest?
The RSUs vest over three years: 20% of the units vest on each of the first two anniversaries of the December 1, 2025 grant date, and the remaining 60% vest on the third anniversary, subject to Mr. Parra’s continuous service.
How many Amerant Bancorp (AMTB) derivative securities does Pedro Parra own after this grant?
After the reported transaction, Pedro Parra beneficially owns 2,000 restricted stock units directly, each linked to one share of Class A Common Stock.
What position does Pedro Parra hold at Amerant Bancorp Inc. (AMTB)?
In connection with this equity award, Pedro Parra was promoted to Senior Executive Vice-President and Chief International Banking Officer, also noted as SEVP, Head of International Banking.