AMRC.NYSEAmeresco, INC

Form 4: Ameresco Executive Vice President Reports Stock Transactions

Sentiment:

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

DateDescription
03/07/2023Automatic sell-to-cover instruction signed.
03/17/2023RSUs granted to the Reporting Person.
03/17/2024Acquisition of 221 shares of Class A Common Stock through RSU vesting.
03/19/2024Sale of 78 shares of Class A Common Stock at $20.53 per share.

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