SCHEDULE 13G/A: Ameresco Founder George P. Sakellaris Maintains Significant 39.5% Stake in Company

An updated Schedule 13G filing reveals that Ameresco, Inc. founder George P. Sakellaris continues to hold a substantial 39.5% beneficial ownership of the company's Class A Common Stock as of December 31, 2024.

Summary

• George P. Sakellaris, the founder of Ameresco, Inc., beneficially owns an aggregate of 20,723,638 shares of the company's Class A Common Stock.
• This ownership represents 39.5% of the total Class A Common Stock outstanding.
• The beneficial ownership includes 14,085,247 shares over which Mr. Sakellaris has sole voting and sole dispositive power.
• An additional 6,638,391 shares are held with shared voting and shared dispositive power.
• The total beneficial ownership comprises 570,000 shares issuable upon exercise of options within 60 days of December 31, 2024.
• It also includes 12,661,609 shares directly held by Mr. Sakellaris, convertible from Class B Common Stock.
• Furthermore, 200,000 shares held by Mr. Sakellaris's spouse are included.
• Shares held by two trusts, the George P. Sakellaris 2012 Delaware Dynasty Trust (1,100,000 shares) and the CGS 2010 Irrevocable Trust (5,338,391 shares convertible from Class B Common Stock), are also part of the beneficial ownership calculation.
• Mr. Sakellaris disclaims beneficial ownership of shares held by the trusts and his spouse, despite being deemed to share voting and dispositive power over them.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing detailing beneficial ownership, with no explicit positive or negative financial or operational news. The sentiment is neutral as it primarily serves as a disclosure.

Positives

• The significant beneficial ownership of 39.5% by founder George P. Sakellaris indicates strong insider alignment with shareholder interests, potentially fostering long-term strategic stability.
• A substantial portion of the ownership (14,085,247 shares) is under Mr. Sakellaris's sole voting and dispositive power, demonstrating firm control and commitment.

Related Party Transactions

• The beneficial ownership calculation includes shares held by George P. Sakellaris's spouse (200,000 shares) and shares held by two trusts (George P. Sakellaris 2012 Delaware Dynasty Trust and CGS 2010 Irrevocable Trust), over which Mr. Sakellaris may be deemed to share voting and dispositive power. Mr. Sakellaris disclaims beneficial ownership of these shares.

Stakeholder Impact

• Shareholders may view the substantial and continued ownership by the founder as a positive indicator of long-term commitment and alignment of interests between management and shareholders.

Key Dates

Keywords

Ameresco, George P. Sakellaris, Beneficial Ownership, SEC Filing, Schedule 13G, Class A Common Stock, Insider Ownership, Corporate Governance, Shareholder Stake