Form 4: Ameresco Director Joseph Sutton Reports Significant Stock and RSU Transactions
Insider Transaction Report
Ameresco, Inc. Director Joseph W. Sutton reported the acquisition of 4,886 Class A Common Stock shares through RSU conversion and a new grant of 10,435 Restricted Stock Units, increasing his direct and indirect holdings.
Summary
- Joseph W. Sutton, a Director at Ameresco, Inc. (AMRC), reported transactions involving the company's Class A Common Stock and Restricted Stock Units (RSUs) on June 4, 2025.
- Mr. Sutton acquired 4,886 shares of Class A Common Stock through the exercise/conversion of previously held Restricted Stock Units at a price of $0.
- Concurrently, he was granted 10,435 new Restricted Stock Units as part of Ameresco, Inc.'s non-employee director compensation plan, with each RSU representing a contingent right to receive one share of Class A Common Stock.
- These newly granted RSUs are scheduled to vest in full on June 4, 2026, provided continued service through that date.
- Following these transactions, Mr. Sutton directly beneficially owns 50,111 shares of Class A Common Stock and 10,435 Restricted Stock Units.
- Additionally, he indirectly beneficially owns 133,355 shares of Class A Common Stock through Sutton Ventures LP, where he is the managing member of the general partner.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive as it indicates a director's continued equity participation and alignment with shareholder interests through RSU grants and conversions, which are routine and expected compensation events.
Positives
- The grant of 10,435 Restricted Stock Units to Director Joseph W. Sutton aligns his interests with shareholders, incentivizing long-term performance.
- The exercise of 4,886 RSUs into common stock demonstrates a conversion of derivative holdings into direct equity ownership by a director.
Negatives
- No explicit negatives are present in this Form 4 filing, as it primarily reports routine insider transactions.
Risks
- No specific risks are mentioned in this Form 4 filing.
Future Outlook
This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This Form 4 filing is a routine insider transaction disclosure and does not provide specific industry context or trends. It reflects standard compensation practices for non-employee directors in publicly traded companies.
Related Party Transactions
- The indirect beneficial ownership of 133,355 shares of Class A Common Stock by Sutton Ventures LP, where Mr. Sutton is the managing member of the general partner, constitutes a related party arrangement.
Stakeholder Impact
- Shareholders: The transactions demonstrate continued insider ownership and alignment of a director's interests with shareholders through equity compensation.
Next Steps
- The newly granted 10,435 Restricted Stock Units are expected to vest on June 4, 2026, contingent on continued service.
Key Dates
| Date | Description |
|---|---|
| 06/04/2025 | Date of transaction for acquisition of Class A Common Stock and grant/exercise of Restricted Stock Units. |
| 06/06/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
| 06/04/2026 | Vesting date for the newly granted 10,435 Restricted Stock Units, assuming continued service. |
Recommendation
holdKeywords
Ameresco, AMRC, Joseph W. Sutton, Form 4, SEC Filing, Insider Trading, Restricted Stock Units, RSU, Director Compensation, Equity Ownership, Stock Transaction
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