Ameris Bancorp (ABCB) director receives 1,003-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ameris Bancorp director Daniel B. Jeter received a grant of 1,003 shares of restricted common stock as equity compensation. The award was granted at $0.00 per share under the Ameris Bancorp 2021 Omnibus Equity Compensation Plan and will vest on the earlier of May 21, 2027, or the date of the 2027 annual shareholders' meeting.
After this grant and additional plan-related acquisitions, Jeter directly holds 47,097.1961 shares of Ameris Bancorp common stock, which includes 267.738217 shares acquired through an employee stock purchase plan and dividend reinvestment plan. He also has indirect holdings of 5,395 shares in a family trust and 511 shares held jointly with his brother.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
JETER DANIEL B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,003 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 47,097.196 shares (Direct, null);
Common Stock — 511 shares (Indirect, Joint with Brother)
Footnotes (1)
- Restricted stock grant pursuant to the Ameris Bancorp 2021 Omnibus Equity Compensation Plan, vesting on the earlier of (i) May 21, 2027, and (ii) the date of the 2027 annual shareholders' meeting. This total includes an additional 267.738217 shares acquired by the reporting person as a participant in an employee stock purchase plan and dividend reinvestment plan.
Key Figures
Restricted stock grant: 1,003 shares
Grant price: $0.00 per share
Direct holdings after grant: 47,097.1961 shares
+4 more
7 metrics
Restricted stock grant
1,003 shares
Common Stock grant to director Daniel B. Jeter
Grant price
$0.00 per share
Equity compensation award under 2021 Omnibus Plan
Direct holdings after grant
47,097.1961 shares
Ameris Bancorp common stock directly held after transactions
Additional plan-related shares
267.738217 shares
Acquired via employee stock purchase and dividend reinvestment plans
Family trust holdings
5,395 shares
Indirect ownership through a Family Trust
Joint holdings with brother
511 shares
Indirect ownership classified as Joint with Brother
Vesting date trigger
May 21, 2027
Latest vesting date for restricted stock grant
Key Terms
Restricted stock grant, Ameris Bancorp 2021 Omnibus Equity Compensation Plan, employee stock purchase plan, dividend reinvestment plan, +1 more
5 terms
Restricted stock grant financial
"Restricted stock grant pursuant to the Ameris Bancorp 2021 Omnibus Equity Compensation Plan, vesting on the earlier of (i) May 21, 2027..."
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
Ameris Bancorp 2021 Omnibus Equity Compensation Plan financial
"Restricted stock grant pursuant to the Ameris Bancorp 2021 Omnibus Equity Compensation Plan, vesting on the earlier of (i) May 21, 2027..."
employee stock purchase plan financial
"This total includes an additional 267.738217 shares acquired by the reporting person as a participant in an employee stock purchase plan..."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
dividend reinvestment plan financial
"This total includes an additional 267.738217 shares acquired by the reporting person as a participant in an employee stock purchase plan and 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.
Family Trust financial
"Common Stock holding entry reported as indirect ownership with nature of ownership described as Family Trust."
FAQ
What insider transaction did Ameris Bancorp (ABCB) report for Daniel B. Jeter?
Ameris Bancorp reported that director Daniel B. Jeter received a grant of 1,003 restricted shares of common stock. The shares were granted at $0.00 per share as equity compensation under the company’s 2021 Omnibus Equity Compensation Plan.
What indirect Ameris Bancorp holdings does Daniel B. Jeter report?
Daniel B. Jeter reports 5,395 Ameris Bancorp shares held through a family trust and 511 shares held jointly with his brother. These positions are classified as indirect ownership interests separate from his larger directly held share position disclosed on the Form 4.
Was Daniel B. Jeter’s Ameris Bancorp award a purchase or a compensation grant?
The filing shows Daniel B. Jeter’s 1,003 Ameris Bancorp shares as a compensation grant, not a market purchase. The transaction code is “A,” indicating a grant or award at $0.00 per share under the company’s 2021 Omnibus Equity Compensation Plan.