|4Feb 23, 7:59 PM ET

Bassett Lawton E III 4

Research Summary

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Ameris Bancorp (ABCB) Bank President Bassett Lawton Receives Stock Award

What Happened

  • Bassett Lawton E. III, Bank President of Ameris Bancorp (ABCB), received equity awards on February 19, 2026 totaling 14,836 shares (two grants: 12,424 and 2,412 shares) at $0.00 per share (award). To satisfy tax withholding on the 12,424-share grant, 5,534 shares were withheld/disposed at $82.93 per share, for a reported value of $458,935. The 12,424-share award was issued under a previously granted performance stock unit award (originally granted Feb 23, 2023).

Key Details

  • Transaction date: February 19, 2026.
  • Awards: 12,424 shares (performance stock unit payout) and 2,412 shares (time-based grant).
  • Tax withholding/disposition: 5,534 shares withheld at $82.93 each = $458,935 (reported as F code).
  • Award vesting (2,412 shares): 804 shares vest on Feb 19 of 2027, 2028, and 2029.
  • Acquisition price for awards: $0.00 per share (A code). Withholding reflected as disposition (F code).
  • Shares owned after transaction: not specified in the filing.
  • Filing date: Feb 23, 2026 (filed within the required Form 4 time frame — timely).

Context

  • The primary activity here is receipt of equity awards (an acquisition). The disposition shown is routine tax withholding (not an open-market sale) to cover withholding obligations on the grant. The 12,424 shares relate to performance-based units originally granted in 2023; the 2,412-share award vests over the next three years.