Ameris Bancorp (ABCB) CSO has 738 shares withheld for taxes on vesting
Rhea-AI Filing Summary
Ameris Bancorp executive reports share withholding for taxes. Chief Strategy Officer James A. LaHaise had 738 shares of Ameris Bancorp common stock withheld at $79.38 per share to cover tax obligations tied to the vesting of 1,656 restricted shares. After this tax-withholding disposition, he directly holds 109,414 shares of common stock.
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Insider Trade Summary
Net Seller: 738 shares
Net Sell
1 txn
Insider
LaHaise James A
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 738 | $79.38 | $59K |
Holdings After Transaction:
Common Stock — 109,414 shares (Direct)
Footnotes (1)
- F1. This transaction represents the withholding of 738 shares of common stock to satisfy the tax withholding obligations incurred by the reporting person upon the vesting on February 24, 2026 of 1,656 shares of common stock originally awarded on February 23, 2023.
FAQ
What insider transaction did Ameris Bancorp (ABCB) report for James A. LaHaise?
Ameris Bancorp reported a tax-related share disposition by James A. LaHaise. On vesting of restricted stock, 738 common shares were withheld to satisfy tax obligations, rather than sold in the open market, while he retained a substantial remaining direct shareholding.
Was the Ameris Bancorp (ABCB) Form 4 transaction an open-market sale?
No, the Form 4 transaction was not an open-market sale. It reflects withholding of 738 Ameris Bancorp common shares to cover tax liabilities from vesting restricted stock, a common administrative mechanism rather than a discretionary decision to sell shares for portfolio reasons.
What triggered the tax-withholding disposition reported in Ameris Bancorp’s (ABCB) Form 4?
The disposition was triggered by the vesting of 1,656 Ameris Bancorp common shares originally awarded on February 23, 2023. When these restricted shares vested on February 24, 2026, 738 shares were withheld to cover the reporting person’s associated tax withholding obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.