Juan Esterripa - 17 Apr 2025 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Reporting relationship: SEVP, Chief Commercial Banking Officer.
Issuer ticker: AMTB
Reported as of: 17 Apr 2025
Net transaction value: -$44,441
SEC form: 4
Accepted by SEC: 21 Apr 2025, 17:47:49 UTC
Prior SEC filing: 20 Feb 2025
Next SEC filing: 14 Aug 2025
Source filing: View source filing
Reporting owner signature: /s/ Julio V. Pena, as Attorney-in-Fact for Juan Esterripa

Key filing fact

Juan Esterripa filed Form 4 for Amerant Bancorp Inc. (AMTB) on 21 Apr 2025.

Key facts

This page summarizes Juan Esterripa's Form 4 filing for Amerant Bancorp Inc. (AMTB).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 21 Apr 2025, 17:47.

Change

Previous filing in this sequence was filed on 20 Feb 2025.
Current net transaction value: -$44,441.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AMTB transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +9,806
Change %: +83%
Price: $0.000000
Shares after: 21,649
Date: 17 Apr 2025
Ownership: Direct
Footnotes: F1

AMTB transaction

Class A Common Stock

Tax liability

Transaction value: $44,441
Shares: -2,388
Change %: -11%
Price: $18.61
Shares after: 19,261
Date: 17 Apr 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AMTB transaction Derivative

Restricted Stock Units LTI 2023

Options Exercise

Transaction value: $0
Shares: -3,021
Change %: -50%
Price: $0.000000
Shares after: 3,022
Date: 17 Apr 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 3,021
Exercise price: $0.000000
Footnotes: F1, F3

AMTB transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -6,785
Change %: -27%
Price: $0.000000
Shares after: 18,321
Date: 17 Apr 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 6,785
Exercise price: $0.000000
Footnotes: F1, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.

Footnote F2

Reflects the shares of Class A Common Stock that were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of RSUs.

Footnote F3

On April 17, 2023, Mr. Esterripa was awarded 9,064 RSUs under the 2023-2025 Long Term Incentive Plan. Each RSU represents the right to receive, following vesting, one share of Class A common stock. The award vests in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mr. Esterripa remains in the continuous service of the Company or a subsidiary through each such date.

Footnote F4

On April 17, 2023, Mr. Esterripa was awarded 20,356 RSUs in connection with a sign-on grant related to Mr. Esterripa's appointment as Senior Executive Vice-President and Chief Commercial Banking Officer. Each RSU represents the right to receive, following vesting, one share of Class A Common Stock. The RSUs will vest in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mr. Esterripa remains in the continuous service of the Company or a subsidiary through each such date.

Footnote F5

Balance includes 11,535 unvested RSUs awarded to Mr. Esterripa on February 18, 2025.

SEC remarks

SEVP, Chief Commercial Banking Officer.