Ameresco, Inc. Files Definitive Proxy Statement
Ticker: AMRC · Form: DEF 14A · Filed: Apr 23, 2024 · CIK: 1488139
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Executive Compensation, Ameresco, Shareholder Meeting
TL;DR
<b>Ameresco, Inc. has filed its Definitive Proxy Statement for the fiscal year ending December 31, 2023.</b>
AI Summary
Ameresco, Inc. (AMRC) filed a Proxy Statement (DEF 14A) with the SEC on April 23, 2024. Ameresco, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 23, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 111 Speen Street, Framingham, MA 01701. The filing includes information related to executive compensation, including equity awards. The SIC code for Ameresco, Inc. is 1700 (Construction Special Trade Contractors).
Why It Matters
For investors and stakeholders tracking Ameresco, Inc., this filing contains several important signals. This DEF 14A filing is crucial for shareholders to understand executive compensation structures and make informed voting decisions at the upcoming annual meeting. The detailed information on equity awards and their valuation provides insight into how the company incentivizes its key personnel and aligns their interests with shareholders.
Risk Assessment
Risk Level: low — Ameresco, Inc. shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate red flags.
Analyst Insight
Review the executive compensation details and any shareholder proposals to prepare for the upcoming annual meeting and potential voting.
Key Numbers
- 2023-12-31 — Fiscal Year End (Conformed period of report)
- 2024-04-23 — Filing Date (Date the filing was made)
- 1700 — SIC Code (Construction Special Trade Contractors)
Key Players & Entities
- Ameresco, Inc. (company) — Filer name and company name
- DEF 14A (document) — Form type filed
- 2023-12-31 (date) — Conformed period of report
- 2024-04-23 (date) — Filing date
- 111 Speen Street, Framingham, MA 01701 (address) — Business and mailing address
- 508-661-2200 (phone) — Business phone number
- 1700 (sic_code) — Standard Industrial Classification code
FAQ
When did Ameresco, Inc. file this DEF 14A?
Ameresco, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 23, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Ameresco, Inc. (AMRC).
Where can I read the original DEF 14A filing from Ameresco, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Ameresco, Inc..
What are the key takeaways from Ameresco, Inc.'s DEF 14A?
Ameresco, Inc. filed this DEF 14A on April 23, 2024. Key takeaways: Ameresco, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 23, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company's principal executive offices are located at 111 Speen Street, Framingham, MA 01701..
Is Ameresco, Inc. a risky investment based on this filing?
Based on this DEF 14A, Ameresco, Inc. presents a relatively low-risk profile. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate red flags.
What should investors do after reading Ameresco, Inc.'s DEF 14A?
Review the executive compensation details and any shareholder proposals to prepare for the upcoming annual meeting and potential voting. The overall sentiment from this filing is neutral.
How does Ameresco, Inc. compare to its industry peers?
Ameresco, Inc. operates within the construction special trade contractors industry, focusing on energy efficiency and renewable energy solutions.
Are there regulatory concerns for Ameresco, Inc.?
The filing is a standard DEF 14A, subject to SEC regulations governing proxy solicitations and corporate disclosures.
Industry Context
Ameresco, Inc. operates within the construction special trade contractors industry, focusing on energy efficiency and renewable energy solutions.
Regulatory Implications
The filing is a standard DEF 14A, subject to SEC regulations governing proxy solicitations and corporate disclosures.
What Investors Should Do
- Analyze the executive compensation tables for named executive officers.
- Review any shareholder proposals and management's recommendations.
- Note the date of the annual meeting of shareholders (if specified in the full document).
Key Dates
- 2024-04-23: Filing Date — Definitive Proxy Statement (DEF 14A) filed.
- 2023-12-31: Fiscal Year End — Period covered by the proxy statement.
Year-Over-Year Comparison
This is the initial filing of the DEF 14A for the fiscal year ending 2023, following previous filings for earlier periods.
Filing Stats: 4,932 words · 20 min read · ~16 pages · Grade level 14.5 · Accepted 2024-04-23 16:34:41
Key Financial Figures
- $2,083 b — common stock determined by multiplying $2,083 by the number of full months in the offer
- $25,000 — the ESPP accrue at a rate that exceeds $25,000 of the fair market value 7 Table of
Filing Documents
- amrc-20240423.htm (DEF 14A) — 900KB
- amrc-20240423_g1.jpg (GRAPHIC) — 54KB
- amrc-20240423_g2.jpg (GRAPHIC) — 40KB
- amrc-20240423_g3.jpg (GRAPHIC) — 113KB
- amrc-20240423_g4.jpg (GRAPHIC) — 60KB
- amrc-20240423_g5.jpg (GRAPHIC) — 31KB
- amrc-20240423_g6.jpg (GRAPHIC) — 33KB
- amrc-20240423_g7.jpg (GRAPHIC) — 83KB
- amrc-20240423_g8.jpg (GRAPHIC) — 63KB
- amrc-20240423_g9.jpg (GRAPHIC) — 66KB
- 0001488139-24-000070.txt ( ) — 2828KB
- amrc-20240423.xsd (EX-101.SCH) — 1KB
- amrc-20240423_htm.xml (XML) — 100KB
EXECUTIVE COMPENSATION AND RELATED INFORMATION
EXECUTIVE COMPENSATION AND RELATED INFORMATION 25 Our Executive Officers and Our Named Executive Officers 25 Compensation Discussion And Analysis 26 Risk Considerations in our Compensation Program 32 Compensation Committee Report 3 3
Executive Compensation Tables
Executive Compensation Tables 34 Pay Ratio 37 Pay Versus Performance 38 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 43 ADDITIONAL INFORMATION 43 APPENDIX A A-1 Table of Contents AMERESCO, INC. 111 Speen Street, Suite 410, Framingham, Massachusetts 01701 PROXY STATEMENT FOR 2024 ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 4, 2024 GENERAL INFORMATION ABOUT THE MEETING AND VOTING This proxy statement is furnished in connection with the solicitation of proxies by the board of directors of Ameresco, Inc. for use at the 2024 annual meeting of stockholders, or the Annual Meeting, to be held on June 4, 2024, at 10:00 a.m., local time, and at any adjournments of the Annual Meeting. We will hold our annual meeting of stockholders in virtual meeting, via live audio webcast. You may virtually attend the m eeting and vote your shares by visiting www.virtualshareholdermeeting.com/AMRC2024 . In this proxy statement, unless expressly stated or the context otherwise requires, the use of "Ameresco," "the Company," "our," "we," or "us" refers to Ameresco, Inc. We are mailing the Notice Regarding the Availability of Proxy Materials, or the Notice, to our stockholders of record as of April 10, 2024, or the Record Date, on or about April 23, 2024. In addition, we have provided brokers, dealers, banks, voting trustees and their nominees, at our expense, with additional copies of our proxy materials and the 2023 Annual Report so that our record holders can supply these materials to the beneficial owners of shares of our Class A common stock and Class B common stock as of the Record Date. The proxy statement and our annual report to stockholders are available for viewing, printing and downloading online at the "Investor Relations - Annual Meeting" section of our website at www.ameresco.com. Information about the proxy process and voting Record Date, Voting Rights and Outstanding Shares Our board of directors has fixed April 10, 2024 as the reco