Form 4: Ameris Bancorp Executive Lawton E. Bassett, III, Reports Stock Transaction

Lawton E. Bassett, III, Bank President at Ameris Bancorp, reports disposition of shares to cover tax obligations upon vesting of restricted stock.

Summary

• On February 24, 2025, Lawton E. Bassett, III, Bank President of Ameris Bancorp, disposed of 784 shares of common stock to cover tax obligations.
• The shares were withheld to satisfy tax obligations related to the vesting of 1,747 shares of common stock that were originally awarded on February 24, 2022.
• The transaction was executed at a price of $63.18 per share.
• Following the transaction, Bassett directly owns 90,631 shares of Ameris Bancorp common stock and indirectly owns 168 shares through a spouse.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects a routine transaction related to tax obligations and stock vesting, with no indication of significant positive or negative implications.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates routine tax obligation management related to stock vesting.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine transaction related to tax obligations.

Key Dates