Form 4: Ameresco Director Jennifer L. Miller Reports Stock Vesting

Director Jennifer L. Miller reported the vesting of 3,062 Restricted Stock Units (RSUs) convertible to Class A Common Stock of Ameresco, Inc.

Summary

• On June 13, 2024, Jennifer L. Miller, a director of Ameresco, Inc., reported the vesting of 3,062 Restricted Stock Units (RSUs).
• These RSUs convert into 3,062 shares of Ameresco's Class A Common Stock.
• The transaction did not involve a purchase or sale, but rather the vesting of previously granted equity.
• Following the transaction, Miller directly owns 17,225 shares of Ameresco Class A Common Stock.
• Each RSU represents a contingent right to receive one share of Ameresco, Inc. Class A Common Stock.
• The RSUs vested in full on the first anniversary of the grant date.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard disclosure of equity compensation vesting.

Positives

• The vesting of RSUs indicates that the director is meeting the conditions of their equity compensation plan.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider transactions, allowing investors to stay informed about the actions of company directors and officers.

Stakeholder Impact

• The vesting of RSUs has a minor dilutive effect on existing shareholders.

Key Dates