Americold (NYSE: COLD) SVP Harris nets RSU shares, small tax sell
Rhea-AI Filing Summary
Americold Realty Trust senior executive Robert E. Harris reported routine equity compensation activity and a small tax-related sale. On July 1, 2026, he acquired 1,516 shares of Common Stock at $0.00 per share through the vesting and conversion of restricted stock units granted under the company’s 2017 Equity Incentive Plan. On July 2, 2026, 442 shares were sold at $16.27 per share solely to cover tax withholding obligations under a mandatory sell-to-cover arrangement elected by the company, described as a non-discretionary transaction. Following these transactions, Harris directly holds 9,408 shares of Americold Common Stock.
Positive
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Negative
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Insights
Executive RSU vesting with a small, mandated tax sale looks routine.
Americold Realty Trust SVP & Chief Accounting Officer Robert E. Harris had 1,516 restricted stock units convert into Common Stock at $0.00 per share, reflecting equity compensation vesting rather than a market purchase. This increased his direct share ownership.
To satisfy tax withholding on the RSU vesting, 442 shares were sold at $16.27 per share under a required “sell-to-cover” election by the company, which the disclosure states is not a discretionary trade by Harris. This limits the signaling value typically associated with open-market sales.
After these moves, Harris directly holds 9,408 shares. With 1,516 shares acquired and only 442 disposed for taxes, the filing shows a net increase in his equity position. The absence of remaining derivative positions in this excerpt suggests these particular RSUs have fully settled.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 442 | $16.27 | $7K |
| Exercise | Restricted Stock Units | 1,516 | $0.00 | -- |
| Exercise | Common Stock | 1,516 | $0.00 | -- |
Footnotes (1)
- Shares acquired upon vesting of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Americold Realty Trust, Inc. common stock ("Common Stock"). The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of these RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary transaction by the Reporting Person. Each RSU represents the right to acquire one share of Common Stock. The right to convert RSUs into Common Stock has no expiration date. The RSUs vested on July 1, 2026. The RSUs were issued to the Reporting Person pursuant to the Amended and Restated Americold Realty Trust 2017 Equity Incentive Plan.