Form 4: Ameresco Executive Vice President Acquires 25,000 Stock Options
SEC Form 4 Filing
Nicole E. Bulgarino, Executive Vice President of Ameresco, Inc., acquired 25,000 stock options on March 8, 2024, at a price of $21.13 per share.
Summary
- On March 8, 2024, Nicole E. Bulgarino, an Executive Vice President at Ameresco, Inc., acquired 25,000 stock options.
- The exercise price for these options is $21.13 per share.
- The options vest over a five-year period, with 20% vesting on March 8, 2025, and the remainder vesting in four equal installments on the subsequent anniversaries.
- Following the transaction, Bulgarino directly owns 25,000 derivative securities.
- The options expire on March 7, 2034.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of stock option acquisition. The vesting schedule suggests a long-term commitment from the executive.
Positives
- The acquisition of stock options by an executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This allows investors to monitor the actions of executives and other key personnel.
Stakeholder Impact
- The acquisition of stock options by an executive can signal confidence to shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: Nicole E. Bulgarino acquired 25,000 stock options. |
| 03/08/2025 | 20% of the acquired stock options vest. |
| 03/07/2034 | Expiration date of the stock options. |
| 03/11/2024 | Date of Form 4 filing. |
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