secwatch.observer — SEC 8-K summary
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Issuer:     Amerant Bancorp Inc. (AMTB)
CIK:        0001734342
Form:       8-K/A
Filed at:   2021-07-02T23:59:59+00:00
Accession:  0001734342-21-000046
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734342/000173434221000046/0001734342-21-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734342/000173434221000046/amtb-20210601.htm
  HTML page:      https://secwatch.observer/filing/0001734342-21-000046

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