Americold (NYSE: COLD) CAO granted RSUs, small tax sell-to-cover
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Americold Realty Trust Chief Accounting Officer Robert E. Harris reported routine equity compensation and related share activity. On March 8, 2026, he received grants of 11,990 restricted stock units and 11,990 performance restricted stock units, each representing the right to receive one share of common stock.
On the same date, previously granted RSUs vested and were converted into 842 and 1,584 shares of common stock. A total of 887 shares were then sold at $11.9714 per share solely to cover tax withholding obligations under a mandatory sell-to-cover arrangement, leaving him with 7,050 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 887 shares ($10,619)
Net Sell
8 txns
Insider
Harris Robert E.
Role
Chief Accounting Officer
Sold
887 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,990 | $0.00 | -- |
| Grant/Award | Performance Restricted Stock Units | 11,990 | $0.00 | -- |
| Exercise | Restricted Stock Units | 842 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,584 | $0.00 | -- |
| Exercise | Common Stock | 842 | $0.00 | -- |
| Sale | Common Stock | 308 | $11.9714 | $4K |
| Exercise | Common Stock | 1,584 | $0.00 | -- |
| Sale | Common Stock | 579 | $11.9714 | $7K |
Holdings After Transaction:
Restricted Stock Units — 11,990 shares (Direct);
Performance Restricted Stock Units — 11,990 shares (Direct);
Common Stock — 6,353 shares (Direct)
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. Represents RSUs, which will vest ratably on March 8, 2027, 2028, and 2029. The RSUs were issued to the reporting person pursuant to the Amended and Restated Americold Realty Trust 2017 Equity Incentive Plan. Each RSU represents the right to acquire one share of Common Stock. The right to convert vested RSUs into Common Stock has no expiration date. Each PRSU represents the right to acquire one share of Common Stock. The right to convert vested PRSUs into Common Stock has no expiration date. Each PSRU represents the right to acquire one share of Common Stock. Vesting of the PRUs will be determined based on the Company's adjusted funds from operations ("AFFO") during the applicable performance period (Jan. 1, 2026 - Dec 31., 2028). The PSRUs will vest, if at all, at the end of the 3-year period contingent upon the achievement of the pre-established AFFO goals. The PSRUs were issued to the reporting person pursuant to the Amended and Restated Americold Realty Trust 2017 Equity Plan. Each RSU represents the right to acquire one share of Common Stock. The RSUs vested on March 8, 2026. The RSUs were issued to the registrant pursuant to the Amended and Restated Americold Realty Trust 2017 Equity Incentive plan
FAQ
What insider transactions did Americold (COLD) report for Robert E. Harris?
Americold’s Chief Accounting Officer Robert E. Harris reported equity compensation activity, including new restricted stock and performance unit grants, RSU vesting into common shares, and small share sales used solely to cover tax withholding obligations under a mandatory sell-to-cover arrangement.
How many restricted stock units did the Americold (COLD) CAO receive?
Robert E. Harris received 11,990 restricted stock units and 11,990 performance restricted stock units. Each unit represents the right to receive one share of Americold common stock, subject to time-based vesting and, for performance units, adjusted funds from operations targets.
Were the Americold (COLD) insider stock sales discretionary?
The 887 Americold shares sold by Robert E. Harris were not discretionary. A footnote states they were sold to cover tax withholding obligations from RSU vesting under a mandatory sell-to-cover election required by the company, rather than voluntary open-market sales.
What performance conditions apply to Americold (COLD) performance restricted stock units?
The performance restricted stock units vest based on Americold’s adjusted funds from operations during the performance period from January 1, 2026, through December 31, 2028. Vesting occurs, if at all, at the end of this three-year period, contingent on achieving pre-established AFFO goals.