Ameris Bancorp (ABCB) director gifts 44,558 shares
Rhea-AI Filing Summary
Ameris Bancorp (ABCB) director James B. Miller Jr. reported a bona fide gift of 22,279.16 shares of common stock on 2026-08-18, moving those shares from his direct holdings to a foundation he is associated with. After the gift, he directly held 1,559,260.9255 shares, a figure that includes an additional 22.31065 shares acquired through a dividend reinvestment plan, and the foundation held 299,624.8430 shares indirectly for him. He also reported indirect holdings of 212,922.4364 shares through a limited partnership, 96,576.7166 shares through a spouse’s estate trust, and 22.8949 shares in a 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary
44,558.32 shares gifted
Gift
5 txns
Insider
MILLER JAMES B JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 22,279.16 | $0.00 | $0.00 |
| Gift | Common Stock | 22,279.16 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,559,260.9255 shares (Direct);
Common Stock — 299,624.843 shares (Indirect, Foundation);
Common Stock — 212,922.4364 shares (Indirect, Ltd Partnership);
Common Stock — 96,576.7166 shares (Indirect, Trust - Spouse Estate);
Common Stock — 22.8949 shares (Indirect, 401(k))
Footnotes (1)
- F1. This total includes an additional 22.31065 shares acquired by the reporting person as a participant in a dividend reinvestment plan.
Key Figures
Gifted shares: 22,279.1600 shares
Direct holdings after transaction: 1,559,260.9255 shares
Dividend reinvestment plan shares: 22.31065 shares
+5 more
8 metrics
Gifted shares
22,279.1600 shares
Common stock transferred as a bona fide gift on 2026-08-18
Direct holdings after transaction
1,559,260.9255 shares
Direct Ameris Bancorp common stock held by James B. Miller Jr. after the gift
Dividend reinvestment plan shares
22.31065 shares
Additional shares included in direct total via dividend reinvestment plan
Foundation indirect holdings
299,624.8430 shares
Ameris Bancorp common stock held indirectly through a foundation after the gift
Limited partnership holdings
212,922.4364 shares
Indirect Ameris Bancorp holdings via a limited partnership
Spouse estate trust holdings
96,576.7166 shares
Indirect Ameris Bancorp holdings through a spouse’s estate trust
401(k) holdings
22.8949 shares
Indirect Ameris Bancorp holdings in a 401(k) account
Total gifted shares reported
44,558.32 shares
Aggregate shares involved in gift transactions per transactionSummary giftShares
Key Terms
bona fide gift, dividend reinvestment plan, indirect ownership, 401(k)
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
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.
dividend reinvestment plan financial
"acquired by the reporting person as a participant in 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 ownership reported through a foundation, limited partnership, trust and 401(k)"
401(k) financial
"nature_of_ownership: "401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
What insider transaction did James B. Miller Jr. report at Ameris Bancorp (ABCB)?
James B. Miller Jr. reported a bona fide gift of 22,279.16 Ameris Bancorp common shares on 2026-08-18, transferring them from his direct ownership to a foundation, with no sale proceeds involved and no open-market trading reported.
What indirect Ameris Bancorp (ABCB) holdings does James B. Miller Jr. report?
He reports indirect Ameris Bancorp holdings of 299,624.8430 shares through a foundation, 212,922.4364 shares via a limited partnership, 96,576.7166 shares through a spouse’s estate trust, and 22.8949 shares in a 401(k) account.
Was the Ameris Bancorp (ABCB) Form 4 transaction a sale or a gift?
The Form 4 reports a bona fide gift, not a sale. 22,279.16 Ameris Bancorp shares were disposed of from direct ownership and acquired by a foundation, both coded as G (gift) with a per-share price of $0.0000.
Did the Ameris Bancorp (ABCB) insider transaction involve derivative securities?
No derivative transactions were reported. The filing shows 0 derivative transactions and no option exercises, covering only common stock holdings and a single gift transfer between direct ownership and a foundation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
