McKendry William D 4

What Happened William D. McKendry, Chief Risk Officer of Ameris Bancorp (ABCB), was issued a performance-based stock award of 12,424 shares on February 19, 2026 (acquisition at $0.00). To satisfy tax withholding obligations related to that award, 5,534 shares were withheld/disposed at an effective price of $82.93 per share, representing roughly $458,935 in tax withholding.

Key Details

• Transaction date: 2026-02-19 (filed 2026-02-23; filing appears timely).
• Award: 12,424 shares granted (code A) at $0.00.
• Tax withholding: 5,534 shares withheld/disposed (code F) at $82.93 per share = $458,935.
• Footnotes: Award was a performance stock unit originally granted Feb 23, 2023 under the 2021 Omnibus Equity Compensation Plan (F1). Withholding of 5,534 shares satisfied the tax liability from the grant (F2). Filing notes an additional 30.22537 shares were acquired via dividend reinvestment (F3).
• Shares owned after the transaction: not specified in the Form 4 filing.

Context This was a standard issuance of performance-based equity and a routine tax-withholding disposition, not an open-market sale. Award grants (acquisitions) are generally treated as compensation; withholding of shares to cover taxes is common and does not necessarily indicate a change in insider sentiment.