secwatch.observer — SEC 8-K summary
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Issuer:     Amerant Bancorp Inc. (AMTB)
CIK:        0001734342
Form:       8-K
Filed at:   2026-09-08T20:24:29+00:00
Accession:  0001734342-26-000081
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amerant Bancorp enters employment agreement with CEO Iafigliola; $875K base salary
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- Base salary $875,000/year; target bonus ≥90% of base, max ≥135%.
- Perks: $1,000 monthly car stipend, $20,000 annual club stipend, $2M life insurance.
- Severance: 2x base+avg bonus if terminated without cause pre-CIC; 2.99x within 24 months post-CIC.
- Term: 3 years initial, auto-renew; extends to 2 years after CIC if CIC occurs after Sept 4, 2027.
- Agreement effective Sept 4, 2026; Iafigliola has been CEO since May 18, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734342/000173434226000081/0001734342-26-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734342/000173434226000081/amtb-20260904.htm
  HTML page:      https://secwatch.observer/filing/0001734342-26-000081

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer