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 James B. Miller Jr. received an award of 1,003 shares of Common Stock as restricted stock under the Ameris Bancorp 2021 Omnibus Equity Compensation Plan. The grant vests on the earlier of May 21, 2027 or the date of the 2027 annual shareholders' meeting.
The shares were granted at $0.00 per share, reflecting a compensation award rather than an open-market purchase. Following this award, Miller directly holds 1,581,517.7749 shares, which includes 94.174408 shares acquired through a dividend reinvestment plan.
He also reports indirect holdings of Ameris Bancorp common stock through several vehicles: 22.8949 shares in a 401(k), 277,345.6830 shares in a foundation, 96,576.7166 shares in a trust related to his spouse's estate, and 212,922.4364 shares in a limited partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
MILLER JAMES B JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,003 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,581,517.775 shares (Direct, null);
Common Stock — 212,922.436 shares (Indirect, Ltd Partnership)
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 94.174408 shares acquired by the reporting person as a participant in a dividend reinvestment plan.
Key Figures
Restricted stock award: 1,003 shares
Award price: $0.00 per share
Direct holdings after award: 1,581,517.7749 shares
+5 more
8 metrics
Restricted stock award
1,003 shares
Grant of common stock to director on May 21, 2026
Award price
$0.00 per share
Compensation grant, not open-market purchase
Direct holdings after award
1,581,517.7749 shares
Common stock held directly following the transaction
Dividend reinvestment shares
94.174408 shares
Included in direct holdings via dividend reinvestment plan
401(k) indirect holdings
22.8949 shares
Common stock held indirectly in a 401(k)
Foundation indirect holdings
277,345.6830 shares
Common stock held indirectly through a foundation
Spouse estate trust holdings
96,576.7166 shares
Common stock held indirectly via trust - spouse estate
Limited partnership holdings
212,922.4364 shares
Common stock held indirectly via limited partnership
Key Terms
restricted stock grant, Ameris Bancorp 2021 Omnibus Equity Compensation Plan, dividend reinvestment plan, 401(k), +1 more
5 terms
restricted stock grant financial
"Restricted stock grant pursuant to the Ameris Bancorp 2021 Omnibus Equity Compensation Plan"
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"
dividend reinvestment plan financial
"includes an additional 94.174408 shares 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.
401(k) financial
"total_shares_following_transaction: 22.8949, 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.
limited partnership financial
"total_shares_following_transaction: 212922.4364, nature_of_ownership: Ltd Partnership"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
FAQ
What did Ameris Bancorp (ABCB) director James B. Miller Jr. report on this Form 4?
He reported receiving an award of 1,003 shares of Ameris Bancorp common stock as restricted stock. The award represents compensation rather than an open‑market trade and increases his direct shareholdings as disclosed in the filing.
What indirect Ameris Bancorp (ABCB) holdings does James B. Miller Jr. report on this Form 4?
He reports indirect ownership of Ameris Bancorp common stock in several entities: 22.8949 shares in a 401(k), 277,345.6830 shares in a foundation, 96,576.7166 shares in a spouse estate trust, and 212,922.4364 shares in a limited partnership.
Under which plan was the Ameris Bancorp (ABCB) restricted stock granted to James B. Miller Jr.?
The 1,003 restricted shares were granted under the Ameris Bancorp 2021 Omnibus Equity Compensation Plan. This plan provides for equity-based compensation awards, including restricted stock, to align director and executive interests with shareholders over time.