AMRC Ameresco, Inc.
Price Chart
Executive Summary
Three directors exercised and immediately sold shares totaling $595K in open-market sales (net direction SELL) within days of Ameresco signing a material agreement for Neogenyx Fuels LLC on May 12. The sales follow a pattern of option exercises and same-day disposals; while the dollar amount is modest relative to the $1.6B market cap (~0.04%), the timing near a newly signed LLC deal warrants attention. The cluster is rated neutral given the small scale and lack of C-suite selling.
Key Financial Metrics
Actionable Insight
Directors exercising options and immediately selling is a common pattern for tax/planning purposes, and the dollar amount is immaterial relative to market cap. However, the proximity to the Neogenyx Fuels deal filing means these insiders were informed of the transaction before selling. With no C-suite participation and the deal filing already public, this cluster does not signal deterioration. Monitor the next earnings call for Neogenyx Fuels financial impact; if the deal triggers a capital raise or restructuring, re-evaluate.
Key Facts
- Three directors (Wisneski, Miller, Stavropoulos) sold an aggregate 18,997 shares for total proceeds of ~$595K in open-market sales between May 15 and May 19, 2026.
- All three directors exercised stock options (non-cash events) immediately before their sales, indicating routine option exercise-and-sell transactions rather than pure open-market disposition.
- Total sales represent ~0.04% of Ameresco's $1.6B market cap — trivial in proportionality terms.
- Sales occurred within 7 days of Ameresco's May 12, 2026 filing of an amended LLC agreement for Neogenyx Fuels, a material agreement (8-K Items 1.01, 2.01, 9.01).
- No C-suite executives (CEO, CFO, COO) participated in selling during this cluster.
- The 8-K material agreement (Neogenyx Fuels LLC) was filed on May 12, and director sales began May 15 — insiders were aware of the deal before selling.
Financial Impact
~$595K in director-level sales, 0.04% of $1.6B market cap
Risk Factors
- Insider cluster within 7 days of material agreement (Neogenyx Fuels LLC) insiders were informed of — timing risk if deal terms were adverse and directors de-risked personal holdings.
- Low confidence because actual 8-K agreement text was truncated — material terms, deal size, and financial impact of Neogenyx Fuels are unknown from this filing.
- Stock has underperformed recently (prior neutral reports saw T+5 moves of -5% and -1.7%) suggesting lingering selling pressure.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AMRC-1779368447095 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 21, 2026
2d ago
|
Insider Cluster
| $29.52 awaiting T+5 | awaiting T+5 | — | $31.77 (+7.62%) |
|
May 19, 2026
4d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
|
May 15, 2026
8d ago
|
144
| — | awaiting T+5 | — | — |
|
May 4, 2026
19d ago
|
8-K
| $30.77 $29.23 | ▼ −5.00% | ▼ −6.99% | $31.77 (+3.25%) |
|
Mar 12, 2026
10w ago
|
Insider Cluster
| $26.28 $26.83 | ▲ +2.09% | ▲ +3.07% | $31.77 (+20.89%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access