Form 4: Amerant Bancorp CFO Reports Stock Transactions

Amerant Bancorp Inc. CFO Sharymar Calderon reports transactions involving Class A Common Stock and Restricted Stock Units.

Summary

• Sharymar Calderon, EVP - Chief Financial Officer of Amerant Bancorp Inc., has reported transactions related to the company's Class A Common Stock and Restricted Stock Units (RSUs).
• On June 1, 2026, Ms. Calderon acquired 3,971 shares of Class A Common Stock with a transaction code 'M' and a price of $0, resulting in 21,396.08 shares beneficially owned.
• Additionally, 967 shares of Class A Common Stock were disposed of with a transaction code 'F' at a price of $22.07, leaving 20,429.08 shares beneficially owned.
• The filing also details RSUs, including a sign-on grant of 5,605 RSUs awarded on June 1, 2023, which vest over three years, and 6,306 RSUs awarded under the 2023-2025 Long Term Incentive Plan, also vesting over three years.
• These RSUs are the economic equivalent of Class A Common Stock, with 1,869 RSUs from the sign-on grant and 2,102 RSUs from the LTI plan noted as beneficially owned.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on routine executive compensation and stock transactions rather than significant strategic or financial performance changes.

Positives

• The acquisition of 3,971 shares of Class A Common Stock at $0 indicates a grant or award, potentially reflecting compensation or incentive alignment.
• The continued beneficial ownership of a significant number of shares (21,396.08 after acquisition) suggests a vested interest in the company's performance.
• The reporting of RSUs, particularly sign-on and long-term incentive grants, indicates a commitment to retaining and incentivizing key executive talent.

Negatives

• The disposal of 967 shares of Class A Common Stock at $22.07 could represent a sale, potentially indicating a need for liquidity or a decision to reduce holdings.
• The surrender of shares to satisfy tax withholding obligations upon RSU vesting, while standard, represents a reduction in the number of shares ultimately received by the reporting person.

Risks

• The disposal of shares could be interpreted as a negative signal if it represents a significant reduction in the executive's personal investment in the company.
• Vesting of RSUs is contingent on continued service, implying a risk of forfeiture if the reporting person leaves the company before vesting dates.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports on past transactions and RSU awards with future vesting schedules.

Management Comments

• "Each restricted stock unit ('RSU') is the economic equivalent of one share of Class A Common Stock."
• "Includes 194.23 shares of Class A Common Stock acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on May 29, 2026."
• "Reflects the shares of Class A Common Stock that were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of RSUs."
• "On June 1, 2023, Ms. Calderon was awarded 5,605 RSUs in connection with a sign-on grant related to Ms. Calderon's appointment as EVP, Chief Financial Officer. Each RSU represents the right to receive, following vesting, one share of Class A Common Stock. The RSUs vest in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Ms. Calderon remains in the continuous service of the Company or a subsidiary through each such date."
• "On June 1, 2023, Ms. Calderon was awarded 6,306 RSUs under the 2023-2025 Long Term Incentive Plan. Each RSU represents the right to receive, following vesting, one share of Class A common stock. The award vests in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Ms. Calderon remains in the continuous service of the Company or a subsidiary through each such date."

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions in publicly traded companies, providing transparency into executive stock ownership and trading activity. The reporting of RSUs is a common compensation practice in the financial services industry to align executive interests with long-term shareholder value.

Management Changes

Stakeholder Impact

• Shareholders: Gain insight into executive compensation structures and potential insider selling or buying activity.
• Employees: The reporting of stock awards and purchases can reflect the company's commitment to employee incentives.
• Management: The transactions reflect the compensation and equity holdings of a key executive.

Next Steps

• Continued vesting of Restricted Stock Units according to the outlined schedules, contingent on continued service.
• Potential future transactions by Ms. Calderon related to her stock holdings and RSUs.

Key Dates

Keywords

Form 4, SEC Filing, Amerant Bancorp, AMTB, Sharymar Calderon, Chief Financial Officer, Class A Common Stock, Restricted Stock Units, RSU, Beneficial Ownership, Stock Transaction, Insider Trading