AMRC - Major Exercise Alert: Joseph Sutton Exercises Options Worth $173K At Ameresco | Benzinga
Joseph Sutton, Director at Ameresco (NYSE:AMRC), reported a large exercise of company stock options on April 3, according to a new SEC filing.
What Happened: Sutton, Director at Ameresco, made a strategic move by exercising stock options for 10,000 shares of AMRC as detailed in a Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission. The transaction value amounted to $173,000.
The latest update on Wednesday morning shows Ameresco shares up by 0.59%, trading at $24.0. At this price, Sutton's 10,000 shares are worth $173,000.
All You Need to Know About 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.
Breaking Down Ameresco's Financial Performance
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