Americold Realty Trust (COLD) granted 12,422 OP Profits Units as equity award

Rhea-AI Filing Summary

AMERICOLD REALTY TRUST reported a compensation-related award of derivative securities. The company received a grant of 12,422 Operating Partnership Profits Units on May 18, 2026, at a stated price of $0.00 per unit, under the Americold Realty Trust 2017 Equity Incentive Plan.

These OP Profits Units vest on the earlier of the first anniversary of the grant date or the next annual meeting of Americold Realty Trust, Inc. stockholders following the grant date. Once vested and subject to required tax capital account allocations, each OP Profits Unit can be converted into a Common Unit of Americold Realty Operating Partnership, L.P.

Each Common Unit acquired this way may then be redeemed for cash equal to the fair market value of one share of Americold Realty Trust, Inc. common stock, although the company can choose instead to deliver one share of common stock per Common Unit. After this grant, the reporting person holds 12,422 OP Profits Units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider AMERICOLD REALTY TRUST

Role null

Type	Security	Shares	Price	Value
Grant/Award	Operating Partnership Profits Units	12,422	$0.00	--

Holdings After Transaction: Operating Partnership Profits Units — 12,422 shares (Direct, null)

Footnotes (1)

1. Represents OP Profits Units ("OP Profits Units") of Americold Realty Operating Partnership, L.P. ("Operating Partnership"), which vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting of Americold Realty Trust, Inc. stockholders following the grant date. The OP Profits Units were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Incentive Plan. Conditioned upon minimum allocations to the capital accounts of the OP Profits Units for federal income tax purposes, each vested OP Profits Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Operating Partnership (a "Common Unit"). Each Common Unit acquired upon conversion of a vested OP Profits Unit may, at the election of the holder, be presented for redemption for cash equal to the then fair market value of a share of Americold Realty Trust, Inc. (the "Company") common stock (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested OP Profits Units into Common Units and redeem Common Units have no expiration dates.

Key Figures

OP Profits Units granted: 12,422 units Price per OP Profits Unit: $0.00 per unit OP Profits Units after grant: 12,422 units +1 more

4 metrics

OP Profits Units granted 12,422 units Grant on May 18, 2026

Price per OP Profits Unit $0.00 per unit Stated grant price

OP Profits Units after grant 12,422 units Total holdings following transaction

Underlying common stock 12,422 shares Underlying Americold Realty Trust, Inc. common stock

Key Terms

Operating Partnership Profits Units, Common Unit, Americold Realty Trust 2017 Equity Incentive Plan, capital accounts, +1 more

5 terms

Operating Partnership Profits Units financial

"Represents OP Profits Units ("OP Profits Units") of Americold Realty Operating Partnership, L.P."

Common Unit financial

"each vested OP Profits Unit may be converted ... into a common unit of limited partnership interest in the Operating Partnership (a "Common Unit")."

A common unit is a single piece of ownership in a company, fund, or trust—similar to an ordinary share but often used for pooled vehicles or listings where securities are packaged or governed differently. It matters to investors because each unit represents a claim on profits and, commonly, voting power; like holding a seat at a table, the number of units you own affects your share of returns and influence, and unit structures can also affect liquidity and tax treatment.

Americold Realty Trust 2017 Equity Incentive Plan financial

"The OP Profits Units were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Incentive Plan."

capital accounts financial

"Conditioned upon minimum allocations to the capital accounts of the OP Profits Units for federal income tax purposes..."

redemption for cash financial

"Each Common Unit acquired upon conversion ... may, at the election of the holder, be presented for redemption for cash equal to the then fair market value of a share..."

Form 4 Insider Transactions: What Each Field Means →

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^*

AMERICOLD REALTY TRUST

(Last) (First) (Middle)

C/O AMERICOLD REALTY TRUST

10 GLENLAKE PKWY, SUITE 600

(Street)

ATLANTA GEORGIA 30328

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AMERICOLD REALTY TRUST [ COLD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

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

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

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

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

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
Operating Partnership Profits Units(1)	(2)	05/18/2026		A		12,422		(2)	(2)	Common Stock	12,422	$0	12,422	D

Explanation of Responses:

1. Represents OP Profits Units ("OP Profits Units") of Americold Realty Operating Partnership, L.P. ("Operating Partnership"), which vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting of Americold Realty Trust, Inc. stockholders following the grant date. The OP Profits Units were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Incentive Plan.

2. Conditioned upon minimum allocations to the capital accounts of the OP Profits Units for federal income tax purposes, each vested OP Profits Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Operating Partnership (a "Common Unit"). Each Common Unit acquired upon conversion of a vested OP Profits Unit may, at the election of the holder, be presented for redemption for cash equal to the then fair market value of a share of Americold Realty Trust, Inc. (the "Company") common stock (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested OP Profits Units into Common Units and redeem Common Units have no expiration dates.

Remarks:

This statement of changes of beneficial ownership has been made for Robert L Bass using the Issuer's CIK codes in order to satisfy Form 4 filing requirements. An amendment will be filed for Mr. Bass upon receipt of his CIK filer codes from the SEC.

	/s/ Nathan H. Harwell, attorney-in-fact	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What transaction did AMERICOLD REALTY TRUST (COLD) report in this Form 4?

AMERICOLD REALTY TRUST reported a grant of 12,422 Operating Partnership Profits Units on May 18, 2026. These derivative units were awarded at a stated price of $0.00 under the 2017 Equity Incentive Plan as compensation, not as an open-market purchase.

How many OP Profits Units were granted to AMERICOLD REALTY TRUST in this filing?

The filing shows a grant of 12,422 Operating Partnership Profits Units. Following this award, the reporting person’s holdings in these OP Profits Units total 12,422 units, reflecting the full amount of this new compensation-related grant.

When do the granted OP Profits Units for AMERICOLD REALTY TRUST (COLD) vest?

The OP Profits Units vest on the earlier of the first anniversary of the May 18, 2026 grant date or the date of the next annual meeting of Americold Realty Trust, Inc. stockholders that occurs after the grant date, according to the disclosure.

Can AMERICOLD REALTY TRUST’s OP Profits Units convert into common stock?

Once vested and after meeting tax allocation conditions, each OP Profits Unit may be converted into a Common Unit. Each Common Unit can then be redeemed for cash equal to the fair market value of one common share, or the company may instead deliver one share of common stock.

Do the conversion and redemption rights on AMERICOLD REALTY TRUST (COLD) OP Profits Units expire?

The filing states that the rights to convert vested OP Profits Units into Common Units and to redeem Common Units for cash or common stock have no expiration dates, providing ongoing flexibility once vesting and tax conditions are satisfied.