Insider Trading Pulse at Ameresco Inc.
The latest Form 4 filings reveal a tight‑rope walk by owner Stavropoulos Nicholas, who has bought 200 Class A shares at $16.33 on 2026‑02‑12, immediately followed by a sale of 200 shares at $34.00 the same day. The two transactions are executed under a Rule 10b5‑1 trading plan adopted September 8, 2025, indicating a pre‑arranged schedule rather than opportunistic trading. In the following days, Stavropoulos added 245 shares at $16.33 on 2026‑02‑13 and sold 245 shares at $34.05, again under the same rule‑based plan. The pattern suggests a systematic accumulation at the low end of the daily price range and a planned divestiture when the price rises to the high end.
For investors, the implications are twofold. First, the adherence to a Rule 10b5‑1 plan reduces the risk of insider‑trading allegations and signals a degree of confidence in the company’s long‑term prospects—Stavropoulos is willing to lock in a buying schedule that spans months, betting on steady upside. Second, the price swings—from $16 to $34—reflect the volatility Ameresco has experienced in February, a month that saw a 5.69 % weekly gain and a 6.66 % monthly climb, buoyed by recent energy‑storage deals and a 71.46 % yearly rally. The insider’s strategy may hint that management believes the stock is still undervalued relative to its 52‑week high of $44.93, yet not so high that a 10 % move is out of reach.
Examining Stavropoulos’s historic activity sharpens this view. His prior trades in January 2026 mirror the current pattern: a 100‑share sale at $34 and a 100‑share purchase at $16.33 on 2026‑01‑28, followed by a 100‑share option sale. This consistency underscores a disciplined approach. Moreover, the option sales—200 shares in February and 245 shares later—indicate that the owner is exercising vesting schedules rather than reacting to market noise. In the broader context of Ameresco’s insider market, other executives such as Chiplock Mark and the CEO have shown more varied buying and selling, but none have matched Stavropoulos’s systematic buying‑then‑selling rhythm.
What does this mean for Ameresco’s future? The company’s recent financing for battery storage and the transfer of tax credits signal a strategic pivot toward renewable energy infrastructure, a trend that could justify a sustained upward trajectory in share price. The insider’s buying plan, coupled with a steady price rally, suggests management confidence in the company’s execution of this strategy. For shareholders, the pattern is a mixed signal: on the one hand, it demonstrates that insiders are willing to lock in purchases at lower prices; on the other, the scheduled sales at higher prices could create periodic liquidity pressure if the stock continues to climb. Nonetheless, the absence of aggressive short‑term selling and the reliance on a Rule 10b5‑1 plan provide a degree of transparency that should reassure cautious investors.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-12 | STAVROPOULOS NICKOLAS () | Buy | 200.00 | 16.33 | Class A Common Stock |
| 2026-02-12 | STAVROPOULOS NICKOLAS () | Sell | 200.00 | 34.00 | Class A Common Stock |
| 2026-02-13 | STAVROPOULOS NICKOLAS () | Buy | 245.00 | 16.33 | Class A Common Stock |
| 2026-02-13 | STAVROPOULOS NICKOLAS () | Sell | 245.00 | 34.05 | Class A Common Stock |
| 2026-02-12 | STAVROPOULOS NICKOLAS () | Sell | 200.00 | N/A | Stock Option (right to purchase) |
| 2026-02-13 | STAVROPOULOS NICKOLAS () | Sell | 245.00 | N/A | Stock Option (right to purchase) |




