In a recent SEC filing, it was disclosed that Doran Spencer Hole, EVP and CFO at Ameresco (NYSE:AMRC), made a noteworthy acquisition of company stock options on March 11,.
What Happened: Uncovered in a Form 4 filing on Monday with the U.S. Securities and Exchange Commission, Hole, EVP and CFO at Ameresco, executed an insider options move. This move consisted of acquiring stock options for 20,000 shares of AMRC, granting Hole the right to purchase the company's stock at an exercise price of $21.13 per share.
The latest update on Tuesday morning shows Ameresco shares up by 4.64%, trading at $22.31. At this price, Hole's 20,000 shares are worth $23,599.
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 ...