Form 4: Ameris Bancorp Executive Lawton E. Bassett III Reports Charitable Donation and Share Adjustment

Lawton E. Bassett III, Bank President at Ameris Bancorp, reported a charitable donation of 400 shares and a minor adjustment to previously reported shareholdings.

Summary

• On August 27, 2024, Lawton E. Bassett III, Bank President of Ameris Bancorp, reported a transaction involving Ameris Bancorp common stock.
• The transaction involved a charitable donation of 400 shares of common stock.
• No payment of consideration was received by Mr. Bassett for this donation.
• Mr. Bassett also reported an adjustment to the total number of shares of common stock beneficially owned, increasing it by one share due to a rounding difference.
• Following the reported transaction, Mr. Bassett directly owns 82,928 shares of Ameris Bancorp common stock.
• Mr. Bassett also indirectly owns 168 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't convey any strong positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel at Ameris Bancorp.

Stakeholder Impact

• The charitable donation may have a minor positive impact on the recipient organization.
• The share adjustment has a negligible impact on shareholders.

Key Dates