Form 4: Ameresco Executive Vice President Reports Stock Transactions
SEC Form 4 Filing
Louis P. Maltezos, Executive Vice President of Ameresco, Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On March 17, 2024, Louis P. Maltezos acquired 221 shares of Class A Common Stock at $0 per share.
- These shares were acquired through the vesting of Restricted Stock Units (RSUs).
- On March 19, 2024, Maltezos sold 78 shares of Class A Common Stock at $20.53 per share.
- The sale was executed to cover applicable withholding taxes related to the vesting of the RSUs, pursuant to an automatic sell-to-cover instruction signed on March 7, 2023.
- Following these transactions, Maltezos directly owns 30,284 shares of Class A Common Stock.
- Maltezos also owns 442 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider activity.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The transactions reported are typical for executives who receive stock-based compensation.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are routine and related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/07/2023 | Automatic sell-to-cover instruction signed. |
| 03/17/2023 | RSUs granted to the Reporting Person. |
| 03/17/2024 | Acquisition of 221 shares of Class A Common Stock through RSU vesting. |
| 03/19/2024 | Sale of 78 shares of Class A Common Stock at $20.53 per share. |
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