Form 4: Americold Realty Trust Director Acquires Operating Partnership Profits Units

Antonio F. Fernandez, a director of Americold Realty Trust, acquired 10,124 Operating Partnership Profits Units on May 20, 2025, convertible into common stock under certain conditions.

Summary

• On May 20, 2025, Antonio F. Fernandez, a director of Americold Realty Trust, acquired 10,124 Operating Partnership Profits Units.
• These units vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting of Americold Realty Trust, Inc. stockholders following the grant date.
• The OP Profits Units were issued pursuant to the Americold Realty Trust 2017 Equity Incentive Plan.
• Each vested OP Profits Unit may be converted into a common unit of limited partnership interest in the Operating Partnership, conditioned upon minimum allocations to the capital accounts of the OP Profits Units for federal income tax purposes.
• Each Common Unit acquired upon conversion may be presented for redemption for cash equal to the then fair market value of a share of Americold Realty Trust, Inc. common stock, or the Company may elect to acquire each Common Unit for one share of Common Stock.
• The rights to convert vested OP Profits Units into Common Units and redeem Common Units have no expiration dates.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of OP Profits Units by a director is a positive sign, indicating alignment with the company's success. However, it's a routine transaction.

Positives

• The acquisition of OP Profits Units by a director demonstrates alignment with the company's long-term performance.

Future Outlook

The document does not contain specific forward-looking statements, but the structure of the OP Profits Units suggests an incentive for long-term value creation.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's confidence in the company's prospects. The acquisition of OP Profits Units by a director is generally viewed positively.

Stakeholder Impact

• The acquisition of OP Profits Units by a director can positively influence shareholder confidence.

Key Dates

Keywords

Operating Partnership Profits Units, Americold Realty Trust, Director, Acquisition, Form 4, COLD, Antonio F. Fernandez