Form 4: Ameresco Director Sutton Exercises Stock Options and Holds Significant Beneficial Ownership
SEC Form 4 Filing
Director Joseph W. Sutton exercised stock options and reported changes in beneficial ownership of Ameresco, Inc. Class A Common Stock.
Summary
- On June 13, 2024, Joseph W. Sutton, a director of Ameresco, Inc., executed transactions involving the company's Class A Common Stock.
- Sutton exercised 3,062 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Ameresco Class A Common Stock.
- Following the transaction, Sutton directly owns 25,225 shares of Class A Common Stock.
- Sutton also indirectly owns 128,355 shares through Sutton Ventures LP, where he is the managing member of Sutton Ventures Group LLC, the general partner.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of transaction: Sutton exercised stock options (RSUs). |
| 06/13/2024 | RSUs vest in full on the first anniversary of the grant date. |
| 06/17/2024 | Date of signature for the Form 4 filing. |
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