Americold (NYSE: COLD) CAO RSUs vest with small tax sell-to-cover
Rhea-AI Filing Summary
Americold Realty Trust Chief Accounting Officer Robert E. Harris reported compensation-related share activity involving restricted stock units (RSUs) and a small tax-driven sale. On March 14, 2026, RSUs vested and were exercised into 1,949 shares of Common Stock at a conversion price of $0.00 per share, reflecting equity awarded under the company’s 2017 equity incentive plan. Each RSU represented the right to receive one share of common stock, and the RSUs vested on that date. Following this vesting and conversion, Harris held 8,999 shares of common stock directly. On March 16, 2026, he then sold 665 shares of Common Stock in an open-market transaction at an average price of $11.3969 per share. According to the footnotes, this sale was mandated as a “sell-to-cover” transaction to satisfy tax withholding obligations arising from the RSU vesting, and did not represent a discretionary trade. After completing these transactions, Harris directly owned 8,334 shares of Americold common stock, and there were no remaining RSU derivative positions disclosed in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 665 | $11.3969 | $8K |
| Exercise | Restricted Stock Units | 1,949 | $0.00 | -- |
| Exercise | Common Stock | 1,949 | $0.00 | -- |
Footnotes (1)
- Shares acquired upon vesting of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Americold Realty Trust, Inc. common stock ("Common Stock") The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of these RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary transaction by the Reporting Person. Each RSU represents the right to acquire one share of Common Stock. The right to convert vested RSUs into Common Stock has no expiration date. The RSUs vested on March 14, 2026. The RSUs were issued to the registrant pursuant to the Amended and Restated Americold Realty Trust 2017 Equity Incentive plan