Form 4: Ameris Bancorp Executive Jody L. Spencer Reports Stock Transaction
SEC Form 4 Filing
Jody L. Spencer, Chief Legal Officer of Ameris Bancorp, reports the withholding of 1,403 shares to cover tax obligations upon vesting of restricted stock.
Summary
- On February 24, 2024, Jody L. Spencer, Chief Legal Officer of Ameris Bancorp, had 1,403 shares of common stock withheld to satisfy tax obligations.
- This withholding occurred due to the vesting of 3,128 shares of common stock that were originally awarded on February 24, 2022, and February 24, 2023.
- The price per share for the transaction was $45.88.
- Following the transaction, Spencer directly owns 30,480 shares of Ameris Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/24/2022 | Date of original award of some of the common stock that vested. |
| 02/24/2023 | Date of original award of some of the common stock that vested. |
| 02/24/2024 | Date of transaction: withholding of shares for tax obligations and vesting of restricted stock. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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