Form 4: Ameris Bancorp Executive Jody L. Spencer Reports Stock Transactions
SEC Form 4 Filing
Jody L. Spencer, Chief Legal Officer of Ameris Bancorp, reports the withholding of shares to cover tax obligations upon vesting of previously awarded stock.
Summary
- On February 24, 2025, Jody L. Spencer, Chief Legal Officer of Ameris Bancorp, had shares withheld to cover tax obligations.
- 784 shares were withheld at a price of $63.18 to satisfy tax obligations from the vesting of 1,747 shares awarded on February 24, 2022.
- An additional 620 shares were withheld at a price of $63.18 to satisfy tax obligations from the vesting of 1,381 shares awarded on February 24, 2023.
- Following these transactions, Spencer directly owns 36,919 shares of Ameris Bancorp common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on routine stock transactions by an executive. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine Form 4 filing, which is standard practice when company insiders conduct transactions in their company's stock. It provides transparency to the market.
Key Dates
| Date | Description |
|---|---|
| February 24, 2022 | Date of original award of 1,747 shares of common stock. |
| February 24, 2023 | Date of original award of 1,381 shares of common stock. |
| February 24, 2025 | Date of stock vesting and withholding of shares for tax obligations. |
| February 26, 2025 | Date of signature on the Form 4 filing. |
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