Ameris Bancorp CEO gifts 8,906 shares
Ameris Bancorp CEO Palmer H. Proctor Jr. reported a bona fide gift of 8,906 shares of Ameris Bancorp common stock on May 6, 2026.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Ameris Bancorp CEO Palmer H. Proctor Jr. reported a bona fide gift of 8,906 shares of Ameris Bancorp common stock on May 6, 2026. The shares were donated to a charitable donor advised fund, so no cash sale occurred in the market.
After the gift, he directly owned 409,027.7303 common shares, with additional indirect holdings reported for his children, spouse, and a 401(k) account. These entries update his total reported ownership but do not reflect open-market buying or selling.
Insider Trade Summary
8,906 shares gifted
Gift
4 txns
Insider
PROCTOR H PALMER JR
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 8,906 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 409,027.7303 shares (Direct);
Common Stock — 23,321.8283 shares (Indirect, 401(k));
Common Stock — 17,977.9594 shares (Indirect, Spouse);
Common Stock — 22,865.0015 shares (Indirect, By Children)
Footnotes (2)
- F1. The reported transaction reflects the gifting of the securities to a charitable donor advised fund.
- F2. This total includes an additional 58.016946 shares acquired through a dividend reinvestment plan.
Key Figures
Gifted shares: 8,906 shares
Direct holdings after gift: 409,027.7303 shares
Children’s indirect holdings: 22,865.0015 shares
+4 more
7 metrics
Gifted shares
8,906 shares
Bona fide gift of common stock on May 6, 2026
Direct holdings after gift
409,027.7303 shares
Common stock directly owned following the gift
Children’s indirect holdings
22,865.0015 shares
Indirect common stock ownership categorized as By Children
Spouse indirect holdings
17,977.9594 shares
Indirect common stock ownership categorized as Spouse
401(k) indirect holdings
23,321.8283 shares
Common stock held indirectly in a 401(k) account
Gift price per share
$0.0000 per share
Recorded value for bona fide gift transaction
Dividend reinvestment plan shares
58.016946 shares
Additional shares included through a dividend reinvestment plan
Key Terms
bona fide gift, donor advised fund, dividend reinvestment plan, indirect ownership
4 terms
bona fide gift financial
"The reported transaction reflects the gifting of the securities to a charitable donor advised fund."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor advised fund financial
"The reported transaction reflects the gifting of the securities to a charitable donor advised fund."
A donor advised fund is a charitable savings account you fund with cash or assets (including stocks) that lets you take an immediate tax benefit while recommending when and which charities receive grants over time. Think of it like a dedicated piggy bank for giving: you get tax relief when you put money in, can avoid selling appreciated securities and triggering capital gains, and still control the timing and recipients of donations, which affects tax planning, portfolio decisions, and public giving signals.
dividend reinvestment plan financial
"This total includes an additional 58.016946 shares acquired through a dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
indirect ownership financial
"Indirect entries list holdings categorized as By Children, Spouse, and 401(k)."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ameris Bancorp (ABCB) report for its CEO?
Ameris Bancorp CEO Palmer H. Proctor Jr. reported gifting 8,906 common shares. The filing classifies this as a bona fide gift, not a sale, and therefore it does not represent an open-market transaction or a change in his investment thesis toward the company.
What indirect Ameris Bancorp (ABCB) holdings are reported for the CEO’s family and plans?
The filing shows 22,865.0015 shares held for his children, 17,977.9594 shares attributed to his spouse, and 23,321.8283 shares in a 401(k). These are categorized as indirect ownership and supplement his direct 409,027.7303-share position following the charitable gift transaction.
How is the Ameris Bancorp (ABCB) CEO’s gift transaction priced in the Form 4?
The gift of 8,906 Ameris Bancorp common shares is recorded at a per-share price of 0.0000. This reflects that the transfer was a bona fide gift to a charitable donor advised fund rather than a cash sale executed on the open market at a prevailing share price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
