Form 4: Ameresco EVP Exercises Stock Options
Insider Transaction Report
Ameresco's EVP and General Counsel, David J. Corrsin, exercised stock options to acquire 20,000 shares of Class A Common Stock.
Summary
- David J. Corrsin, Ameresco, Inc.'s EVP and General Counsel, exercised stock options to acquire 20,000 shares of Class A Common Stock.
- The transaction occurred on February 27, 2026, at an exercise price of $4.64 per share.
- Following this transaction, Mr. Corrsin directly beneficially owns 20,471 shares of Class A Common Stock.
- An additional 379 shares are indirectly beneficially owned by his spouse, though Mr. Corrsin disclaims beneficial ownership of these shares.
- The exercised options were part of a grant on May 10, 2016, for 50,000 shares, which vested as to 44,401 shares based on performance from January 1, 2016, to December 31, 2018.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a moderately positive event. While a routine compensation action, the executive's decision to exercise options and increase direct share ownership signals continued confidence in the company's value.
Positives
- The exercise of stock options by an executive increases their direct ownership in the company, aligning their interests more closely with those of shareholders.
- The options vested based on the achievement of established performance goals, indicating successful execution against prior targets.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance.
Industry Context
StockSavvy.ai notes that insider option exercises are a routine component of executive compensation and equity incentive plans across various industries. While they reflect an executive's decision to monetize vested equity, they do not typically provide direct insights into broader industry trends or competitive dynamics.
Stakeholder Impact
- Shareholders: The transaction increases insider ownership, which can be viewed positively as it further aligns management's interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/10/2016 | Date when the reporting person was granted an option to purchase 50,000 shares of Class A common stock. |
| 01/01/2016 | Start date of the three-year performance period for option vesting. |
| 12/31/2018 | End date of the three-year performance period for option vesting. |
| 03/22/2019 | Date when the stock option became exercisable. |
| 02/27/2026 | Date of the option exercise transaction and acquisition of 20,000 shares. |
| 05/10/2026 | Expiration date of the stock option. |
Recommendation
holdA routine insider option exercise, while a positive signal of management's alignment with shareholder interests, does not provide sufficient new information to warrant a change in investment recommendation. The transaction is a standard compensation event rather than a strategic move indicating a significant shift in the company's outlook.
Keywords
Ameresco, AMRC, Stock Options, Insider Transaction, Form 4, Executive Compensation, Equity Acquisition, David J. Corrsin
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