Form 4: Ameresco EVP, CFO & CAO Mark Chiplock Reports Stock Transactions
SEC Form 4 Filing
Mark Chiplock, EVP, CFO & CAO of Ameresco, Inc., reports the vesting of restricted stock units and subsequent sale of shares to cover withholding taxes.
Summary
- On September 17, 2024, Mark Chiplock vested 277 shares of Class A Common Stock from Restricted Stock Units (RSUs).
- These RSUs were granted on March 17, 2023, and vest in 25% increments every six months.
- On September 19, 2024, 98 shares were sold at $37.64 per share to cover withholding taxes related to the RSU vesting.
- The sale was executed pursuant to an automatic sell-to-cover instruction signed on March 7, 2023.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation. It is neutral in sentiment as it simply reports facts.
Industry Context
This filing is a routine disclosure of insider transactions, common for executives receiving stock-based compensation. It provides transparency into executive stock ownership and trading activity.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| March 7, 2023 | Automatic sell-to-cover instruction signed. |
| March 17, 2023 | RSUs granted to the Reporting Person. |
| September 17, 2024 | 277 shares of Class A Common Stock vested from RSUs. |
| September 19, 2024 | 98 shares sold at $37.64 per share to cover withholding taxes. |
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