[Form 4] Amerant Bancorp Inc. Insider Trading Activity

Rhea-AI Filing Summary

Amerant Bancorp Inc. (AMTB) Form 4 summary: The reporting person, Juan Esterripa, SEVP and Chief Commercial Banking Officer, reported a sale of 1,000 shares of Class A common stock on 08/13/2025 at a price of $20.275 per share. After the reported sale, the filing shows beneficial ownership of 19,133.5 shares, which includes 872.42 shares acquired under the Amerant Employee Stock Purchase Plan on May 30, 2025. The Form 4 was signed by an attorney-in-fact on 08/14/2025. All details provided are transactional disclosures required under Section 16.

Positive

• Timely disclosure of the insider sale consistent with Section 16 reporting requirements
• Breakout of holdings includes ESPP-acquired shares, clarifying composition of beneficial ownership

Negative

• Disposition of shares: reporting person sold 1,000 Class A shares on 08/13/2025 at $20.275
• Reduction in beneficial ownership from prior levels to 19,133.5 shares following the sale

Insights

Securities Analyst

TL;DR Insider officer sold 1,000 AMTB shares; disclosure is routine and provides transparency on insider holdings.

The Form 4 reports a single non-derivative sale of 1,000 Class A shares at $20.275 on 08/13/2025 by SEVP Juan Esterripa, leaving reported beneficial ownership of 19,133.5 shares. The filing discloses that 872.42 of those shares were acquired via the employee stock purchase plan on May 30, 2025. This is a standard Section 16 disclosure showing an ordinary-course disposition rather than a derivative exercise or option-related transaction. No additional material events, such as large-scale disposition, new grants, or changes to control, are reported.

Corporate Governance Expert

TL;DR Filing appears complete for the reported transaction and confirms officer status and source of certain holdings.

The Form 4 identifies the reporting person as an officer (SEVP, Chief Commercial Banking Officer) and lists the sale, remaining beneficial ownership, and the inclusion of shares from the ESPP. The form is signed by an attorney-in-fact, which is acceptable for timely filing. There are no disclosures of 10% ownership, related-party transfers, or plan-based 10b5-1 markings in this filing. Based on the document alone, there are no governance red flags beyond the reported sale.

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^*

Esterripa Juan

(Last) (First) (Middle)

C/O AMERANT BANCORP INC.

220 ALHAMBRA CR.

(Street)

CORAL GABLES FL 33134

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/13/2025		S		1,000	D	$20.275	19,133.5(1)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 872.42 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on May 30, 2025.

Remarks:

SEVP, Chief Commercial Banking Officer.

	/s/ Julio V. Pena, as Attorney-in-Fact for Juan Esterripa	08/14/2025
	** 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.

FAQ

What transaction did Juan Esterripa report on Form 4 for AMTB?

The Form 4 reports a sale of 1,000 Class A shares of Amerant Bancorp (AMTB) on 08/13/2025 at a price of $20.275 per share.

How many AMTB shares does the reporting person own after the transaction?

The filing shows beneficial ownership of 19,133.5 shares following the reported sale.

Does the Form 4 explain the source of any reported shares?

Yes. The filing states that 872.42 shares were acquired under the Amerant Employee Stock Purchase Plan on May 30, 2025.

What is the reporting person's role at Amerant Bancorp?

The reporting person is identified as an Officer, specifically SEVP, Chief Commercial Banking Officer.

Who signed the Form 4 and when?

The Form 4 was signed by Julio V. Pena, as attorney-in-fact for Juan Esterripa, on 08/14/2025.