Form 4: Ameresco EVP Corrsin Reports Stock Transactions
Insider Transaction Report
Ameresco's EVP and General Counsel, David J. Corrsin, reported the acquisition of 50 Class A Common Stock shares and the disposition of 471 shares.
Summary
- David J. Corrsin, Executive Vice President and General Counsel of Ameresco, Inc., reported transactions on September 10, 2025.
- Acquired 50 shares of Class A Common Stock at a price of $0, which resulted from the conversion or exercise of derivative securities, likely Restricted Stock Units.
- Disposed of 471 shares of Class A Common Stock.
- 50 Restricted Stock Units (RSUs) were disposed of through conversion or exercise, each representing a contingent right to receive one share of Ameresco Class A Common Stock.
- Following these reported transactions, 398 shares of Class A Common Stock are indirectly beneficially owned by his spouse.
- Following these reported transactions, 200 Restricted Stock Units are indirectly beneficially owned by his spouse.
- The RSUs vest over two years, with 25% vesting on each 6-month anniversary of the applicable grant date.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions involving both acquisition (likely vesting of equity compensation) and disposition of shares. Without further context on the disposition, the overall sentiment is neutral.
Positives
- The acquisition of 50 Class A Common Stock shares indicates the vesting and conversion of equity compensation, aligning management's interests with shareholders.
Negatives
- The disposition of 471 Class A Common Stock shares by a key executive and director reduces their direct or indirect ownership in the company, which could be perceived negatively if not for tax-related purposes.
Stakeholder Impact
- Shareholders: The transactions represent routine insider activity, with a net disposition of shares. This is a minor event and does not significantly impact shareholder value or rights.
Key Dates
| Date | Description |
|---|---|
| 09/10/2025 | Date of earliest transaction reported for Class A Common Stock and Restricted Stock Units. |
| 09/12/2025 | Signature date of the reporting person for the Form 4 filing. |
Keywords
Ameresco, AMRC, David J. Corrsin, Insider Trading, Form 4, Stock Transaction, Restricted Stock Units, Equity Compensation
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