Form 4: Ameresco Director Stavropoulos Reports Stock Award Vesting
SEC Form 4 Filing
Director Nickolas Stavropoulos reports the vesting of restricted stock units (RSUs) convertible to 3,062 shares of Ameresco Class A Common Stock.
Summary
- On June 13, 2024, Director Nickolas Stavropoulos had 3,062 Restricted Stock Units (RSUs) vest, which converted into 3,062 shares of Ameresco, Inc. Class A Common Stock.
- Following the transaction, Stavropoulos directly owns 9,225 shares of Ameresco Class A Common Stock.
- The RSUs vested in full on the first anniversary of the grant date.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The vesting of RSUs is a routine event and indicates continued alignment of the director's interests with shareholders.
Positives
- The vesting of RSUs indicates a continued alignment of the director's interests with those of the shareholders.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for investor confidence.
Stakeholder Impact
- The vesting of RSUs has a minor positive impact on shareholders by aligning the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of transaction: Vesting of Restricted Stock Units (RSUs) and conversion to Class A Common Stock. |
| 06/13/2024 | Date RSUs vest in full. |
| 06/17/2024 | Date of signature on the Form 4 filing. |
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