Form 4: Ameresco SVP & CAO, Mark Chiplock, Executes Stock Option and Sells Shares
SEC Form 4 Filing
Mark Chiplock, SVP & CAO of Ameresco, Inc., exercised stock options and sold shares of Class A Common Stock on May 30, 2024.
Summary
- On May 30, 2024, Mark Chiplock, the SVP & CAO of Ameresco, Inc., executed a transaction involving the company's stock.
- Chiplock exercised stock options to acquire 3,000 shares of Class A Common Stock at a price of $10.05 per share.
- Simultaneously, Chiplock sold 3,000 shares of Class A Common Stock at $35 per share.
- Following these transactions, Chiplock directly owns 348 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard insider transaction disclosure. The exercise of options and subsequent sale is a common practice.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/08/2019 | 20% of the stock options vested. |
| 05/30/2024 | Date of the stock option exercise and sale of shares. |
| 03/07/2028 | Expiration date of the stock options. |
| 06/03/2024 | Date of signature for the Form 4 filing. |
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