Form 4: Ameris Bancorp Executive Ross L. Creasy Reports Stock Transaction
SEC Form 4 Filing
Ross L. Creasy, Chief Information Officer of Ameris Bancorp, reports the withholding of 1,560 shares to cover tax obligations upon vesting of stock awards.
Summary
- On February 24, 2024, Ross L. Creasy, the Chief Information Officer of Ameris Bancorp, had 1,560 shares of common stock withheld to satisfy tax obligations.
- This withholding was related to the vesting of 3,477 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, Creasy beneficially owns 26,070.4082 shares of Ameris Bancorp common stock, which includes an additional .00613 shares acquired through an employee stock purchase plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on the total number of outstanding shares, but is unlikely to significantly affect shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/24/2022 | Date of original award of some of the common stock that vested on 02/24/2024 |
| 02/24/2023 | Date of original award of some of the common stock that vested on 02/24/2024 |
| 02/24/2024 | Date of stock transaction (withholding of shares for tax obligations) and vesting of shares. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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