Ameris Bancorp (ABCB) credit chief gives 120 shares, keeps 29,520 stake
Rhea-AI Filing Summary
Ameris Bancorp (ABCB) reported that Chief Credit Officer Douglas D. Strange transferred 120 shares of Common Stock on 2026-08-19 as a bona fide charitable gift, with no consideration received. Following this gift, Strange directly holds 29,520 shares of Ameris Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 120 shares
Net Sell
1 txn
Insider
Strange Douglas D
Role
Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 120 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 29,520 shares (Direct)
Footnotes (1)
- F1. The reported transaction involved a transfer of securities as a charitable donation for which no payment of consideration was received by the reporting person.
Key Figures
Shares gifted: 120 shares
Per-share transaction price: $0.00
Shares held after transaction: 29,520 shares
+1 more
4 metrics
Shares gifted
120 shares
Common Stock transferred as a bona fide gift on 2026-08-19
Per-share transaction price
$0.00
Reported price per share for the charitable gift transaction
Shares held after transaction
29,520 shares
Total Ameris Bancorp common shares directly owned by Douglas D. Strange after the gift
Gift shares (summary)
120 shares
GiftShares in transactionSummary for bona fide gift transactions
Key Terms
bona fide gift, charitable donation, Form 4
3 terms
bona fide gift regulatory
"The transaction code was G, indicating a 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.
charitable donation financial
"transfer of securities as a charitable donation for which no payment"
Form 4 regulatory
"reported on a Form 4 insider ownership report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Ameris Bancorp (ABCB) disclose for Douglas D. Strange?
Ameris Bancorp disclosed that Chief Credit Officer Douglas D. Strange transferred 120 shares of common stock on 2026-08-19. The transaction was reported as a bona fide gift, characterized as a charitable donation with no payment received.
Was the Ameris Bancorp (ABCB) insider transaction a sale or a gift?
The transaction was reported as a bona fide gift, not a sale. A footnote explains it was a transfer of securities as a charitable donation, and no payment of consideration was received by the reporting person.
Did Ameris Bancorp (ABCB) receive any proceeds from Douglas D. Strange’s reported transaction?
No proceeds were indicated; the Form 4 describes the transaction as a charitable donation for which no payment of consideration was received by Douglas D. Strange. The transaction price is reported as $0.00 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.