Ameris Bancorp (ABCB) Chief Credit Officer donates 710 shares as gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ameris Bancorp Chief Credit Officer Douglas D. Strange reported a charitable transfer of company shares. He made a bona fide gift of 710 shares of Ameris Bancorp Common Stock, receiving no payment. After this donation, he directly holds a remaining position of 29,640 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
710 shares gifted
Mixed
1 txn
Insider
Strange Douglas D
Role
Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 710 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,640 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 710 shares
Transaction price per share: $0.0000
Shares held after transaction: 29,640 shares
3 metrics
Shares gifted
710 shares
Bona fide gift of Ameris Bancorp Common Stock
Transaction price per share
$0.0000
Charitable donation with no consideration received
Shares held after transaction
29,640 shares
Direct ownership following completion of the gift
Key Terms
bona fide gift, charitable donation, Common Stock, Chief Credit Officer
4 terms
bona fide gift financial
"The transaction code description identifies the transfer as a bona fide gift"
charitable donation financial
"The footnote states the transfer was a charitable donation of securities"
Common Stock financial
"The security title for the reported transaction is Ameris Bancorp Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Chief Credit Officer financial
"Douglas D. Strange is listed as the company’s Chief Credit Officer"
FAQ
What did Ameris Bancorp (ABCB) officer Douglas D. Strange report on this Form 4?
Douglas D. Strange, Chief Credit Officer of Ameris Bancorp, reported a bona fide gift of Common Stock. The filing shows a charitable transfer of shares, with no purchase or sale for cash and no consideration received by the reporting person.
Is Douglas D. Strange buying or selling Ameris Bancorp (ABCB) stock in this transaction?
The transaction is classified as a bona fide gift, not a market purchase or sale. The Form 4 labels the direction as a disposition via gift transfer, meaning shares were donated rather than sold for cash on the open market.
What role does Douglas D. Strange hold at Ameris Bancorp (ABCB)?
Douglas D. Strange is identified in the Form 4 as an officer of Ameris Bancorp, serving as the company’s Chief Credit Officer. This position is specifically disclosed in the reporting person details included with the insider transaction information.