secwatch.observer — SEC 8-K summary
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Issuer:     Amerant Bancorp Inc. (AMTB)
CIK:        0001734342
Form:       8-K/A
Filed at:   2025-12-01T23:59:59+00:00
Accession:  0001734342-25-000079
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Amerant Bancorp finalizes CEO Plush's severance at $3.75M; equity vests partially
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- Jerry Plush stepped down as President and CEO effective Nov 5, 2025, per mutual agreement.
- Severance payments total $3,747,182.66 (2x base salary plus avg bonus) paid in installments.
- Pro-rata vesting of 38,343 PSUs and 15,432 RSUs plus dividend equivalent shares.
- Company pays COBRA premiums for 18 months, life insurance for 24 months, up to $25K outplacement.
- Release includes mutual non-disparagement and continuing confidentiality/ non-compete obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734342/000173434225000079/0001734342-25-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734342/000173434225000079/amtb-20251104.htm
  HTML page:      https://secwatch.observer/filing/0001734342-25-000079

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