AMRC - Engaging In Options Activity Mark Chiplock Exercises Options Valued At $81K In Ameresco | Benzinga
On June 3, it was revealed in an SEC filing that Mark Chiplock, SVP & CAO at Ameresco (NYSE:AMRC) executed a significant exercise of company stock options.
What Happened: In an insider options sale disclosed in a Form 4 filing on Monday with the U.S. Securities and Exchange Commission, Chiplock, SVP & CAO at Ameresco, exercised stock options for 3,000 shares of AMRC. The transaction value amounted to $81,749.
During Monday's morning session, Ameresco shares up by 2.14%, currently priced at $37.3. Considering the current price, Chiplock's 3,000 shares have a total value of $81,749.
Unveiling the Story Behind Ameresco
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operations and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
Understanding the Numbers: Ameresco's Finances
Revenue Growth: Ameresco displayed positive results in 3 months. As of 31 ...