Form 4: Ameresco Director Charles R. Patton Acquires Shares in Open Market
SEC Form 4 Filing
Director Charles R. Patton of Ameresco, Inc. reports purchasing 5,000 shares of Class A Common Stock at an average price of $9.96.
Summary
- On March 5, 2025, Charles R. Patton, a director of Ameresco, Inc., purchased 5,000 shares of Class A Common Stock.
- The purchase was made at a weighted average price of $9.96 per share.
- The prices for individual transactions ranged from $9.72 to $10.14.
- Following the transaction, Patton directly owns 8,503 shares of Ameresco, Inc.
- The reporting person has agreed to provide full information regarding the number of shares purchased at each separate price within the specified range upon request.
Sentiment
Score: 6
Explanation: Neutral sentiment. The document simply reports a transaction. A director buying shares is generally viewed as a mildly positive signal, but without more context, it's difficult to assess the significance.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Charles R. Patton purchased shares of Ameresco, Inc. |
| 03/06/2025 | Date of signature: Form 4 filing date. |
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