Amerant Bancorp Inc. — Director's Dealing 2026

Feb 20, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Amerant Bancorp Inc. (AMTB)
CIK: 0001734342
Period of Report: 2026-02-17

Reporting Person: Eelman Anthony J. (EVP, Chief Products Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-17	Restricted Stock Units LTI 2026	$0	A	4399	Acquired		Class A Common Stock (4399)	Direct
2026-02-17	Performance Based Restricted Stock Units LTI 2026	$0	A	4399	Acquired		Class A Common Stock (4399)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.

F2: On February 17, 2026, Mr. Eelman was awarded 4,399 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. The award vests in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mr. Eelman remains in the continuous service of the Company or a subsidiary through each such date.

F3: Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock.

F4: PSUs awarded to Mr. Eelman, each representing the right to receive, following vesting, one share of Class A Common Stock. The actual number of PSUs earned shall be based on the achievement of the Relative Adjusted Return on Average Tangible Common Equity at a Threshold, Target or Maximum level set by the Compensation and Human Capital Committee (the "Committee") further modified by the achievement of specified Threshold, Target or Maximum levels set by the Committee of Relative Total Shareholder Return for a 3-year period beginning January 1, 2026 and ending on December 31, 2028, and in general can range from 40% to 180% of the PSUs. The number reported reflects the target number of PSUs Mr. Eelman may earn.