Ameris Bancorp (ABCB) director Leo Hill receives 1,003-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ameris Bancorp director Leo J. Hill reported an equity grant and updated share holdings. He received 1,003 shares of Ameris Bancorp common stock as a restricted stock award at no cash cost, increasing his directly held shares to 16,263.0953.
The restricted stock grant was made under the Ameris Bancorp 2021 Omnibus Equity Compensation Plan and will vest on the earlier of May 21, 2027, or the 2027 annual shareholders' meeting. Indirect holdings include 18,058 shares held through a family trust and 466.9744 shares held by his spouse, plus 4.56348 shares acquired through a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
HILL LEO J
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 — 16,263.095 shares (Direct, null);
Common Stock — 466.974 shares (Indirect, Spouse)
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 4.56348 shares acquired by the reporting person as a participant in a dividend reinvestment plan.
Key Figures
Restricted stock grant: 1,003 shares
Direct holdings after grant: 16,263.0953 shares
Family trust holdings: 18,058 shares
+3 more
6 metrics
Restricted stock grant
1,003 shares
Common Stock award on May 21, 2026
Direct holdings after grant
16,263.0953 shares
Common Stock held directly by Leo J. Hill
Family trust holdings
18,058 shares
Indirect ownership through Family Trust
Spouse holdings
466.9744 shares
Indirect ownership through spouse
Dividend reinvestment shares
4.56348 shares
Acquired via dividend reinvestment plan
Vesting date trigger
May 21, 2027
Or earlier 2027 annual shareholders' meeting
Key Terms
Restricted stock grant, Ameris Bancorp 2021 Omnibus Equity Compensation Plan, dividend reinvestment plan, Family Trust, +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..."
dividend reinvestment plan financial
"This total includes an additional 4.56348 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.
Family Trust financial
"Common Stock transaction listed as indirect ownership with nature of ownership described as Family Trust."
indirect ownership financial
"Common Stock holdings reported with ownership_type marked as indirect and ownership_code I."
