Ameris Bancorp executive withholds 615 shares for taxes
Ameris Bancorp Bank President Bassett Lawton E III reported a tax-related share disposition.
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Rhea-AI Filing Summary
Ameris Bancorp Bank President Bassett Lawton E III reported a tax-related share disposition. On the vesting of 1,380 restricted common shares on February 24, 2026, 615 shares were withheld at $79.35 per share to cover tax withholding obligations.
After this non-market tax-withholding disposition, he directly owned 114,031 Ameris Bancorp common shares. The filing also shows indirect ownership of 168 common shares held through his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 615 | $79.35 | $49K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. This transaction represents the withholding of 615 shares of common stock to satisfy the tax withholding obligations incurred by the reporting person upon the vesting on February 24, 2026 of 1,380 shares of common stock originally awarded on February 23, 2023.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ameris Bancorp (ABCB) report for Bassett Lawton E III?
Does the Ameris Bancorp (ABCB) Form 4 include indirect ownership for Bassett Lawton E III?
Was the Ameris Bancorp (ABCB) insider transaction an open-market sale or tax withholding?
What award vesting triggered the tax-withholding transaction for Ameris Bancorp (ABCB)?
AI-generated analysis. How Rhea-AI works. Not financial advice.