---
schema_version: "secwatch.filing_event.v1"
accession: "0001734342-21-000046"
form_type: "8-K/A"
ticker: "AMTB"
cik: "0001734342"
company_name: "Amerant Bancorp Inc."
filed_at: "2021-07-02T23:59:59+00:00"
generated_at: "2026-06-30T07:40:16.850725+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Amerant Bancorp details departure of President/COO Figueredo with $928k severance and accelerated vesting

## Summary
- Alfonso Figueredo stepped down as President and COO of Amerant Bancorp and Amerant Bank effective June 30, 2021.
- Separation agreement provides cash severance of $928,780 payable over 12 months, plus accelerated vesting of 24,923 restricted shares.
- Additional benefits include continued health coverage for up to one year and outplacement assistance for six months.
- 1,351 RSUs and 1,729 PSUs vested on termination date, settled in Class A common stock.
- Figueredo granted a general release and remains bound by non-solicitation and confidentiality covenants.

## SEC filing metadata
- accession: 0001734342-21-000046
- form_type: 8-K/A
- ticker: AMTB
- cik: 0001734342
- company_name: Amerant Bancorp Inc.
- filed_at: 2021-07-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1734342/000173434221000046/0001734342-21-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1734342/000173434221000046/amtb-20210601.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001734342-21-000046
- JSON: https://secwatch.observer/filing/0001734342-21-000046.json
- Plain text: https://secwatch.observer/filing/0001734342-21-000046.txt

## Key facts
- Executive change
  Alfonso Figueredo departed as President and Chief Operating Officer at Amerant Bancorp Inc..
  - Action: stepped down
  - Role: President and Chief Operating Officer
  source text: on June 1, 2021, Amerant Bancorp Inc. (the “Company”), Amerant Bank, N.A. (the “Bank”) and Alfonso Figueredo, President and Chief Operating Officer, agreed that Mr. Figueredo would step down from his positions with the Company and the Bank effective June 30, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1734342/000173434221000046/0001734342-21-000046-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.