AMRC - Executive Vice President At Ameresco Exercises Options Worth $107K | Benzinga
A large exercise of company stock options by Michael Bakas, Executive Vice President at Ameresco (NYSE:AMRC) was disclosed in a new SEC filing on January 10, as part of an insider exercise.
What Happened: The latest Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission uncovered Bakas, Executive Vice President at Ameresco, exercising stock options for 5,750 shares of AMRC. The total transaction was valued at $107,190.
As of Thursday morning, Ameresco shares are down by 0.0%, with a current price of $26.77. This implies that Bakas's 5,750 shares have a value of $107,190.
Get to Know Ameresco Better
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operation 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.
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