Ameris CEO gets stock grant, tax share withholding
Ameris Bancorp CEO Palmer H. Proctor Jr. reported two equity-related transactions in Ameris Bancorp common stock.
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Rhea-AI Filing Summary
Ameris Bancorp CEO Palmer H. Proctor Jr. reported two equity-related transactions in Ameris Bancorp common stock. On February 20, 2026, he acquired 35,830 shares as a stock grant under the Ameris Bancorp 2021 Omnibus Equity Compensation Plan, scheduled to vest on February 20, 2029.
On February 21, 2026, 6,149 shares were withheld at a price of $83.73 per share to cover tax obligations triggered by prior awards vesting. After these transactions, his directly held stake was about 421,053 shares, with additional indirect holdings reported through a 401(k), children, and spouse accounts.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,149 | $83.73 | $515K |
| Grant/Award | Common Stock | 35,830 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Stock grant pursuant to the Ameris Bancorp 2021 Omnibus Equity Compensation Plan, vesting on February 20, 2029.
- F2. This transaction represents the withholding of 6,149 shares of common stock to satisfy the tax withholding obligations incurred by the reporting person upon the vesting of 8,046 and 5,758 shares of common stock originally awarded on February 21, 2024 and February 20, 2025, respectively.
FAQ
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What insider transactions did Ameris Bancorp (ABCB) report for its CEO?
When does the new Ameris Bancorp (ABCB) stock grant to the CEO vest?
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