Strange Douglas D 4

What Happened
Douglas D. Strange, Chief Credit Officer of Ameris Bancorp (ABCB), reported two transactions: a sale and a stock award. On 2025-12-31 he sold 205 shares in an open-market transaction at $71.62 per share, generating proceeds of $14,682. On 2026-02-19 he was granted 2,412 shares under the Ameris Bancorp 2021 Omnibus Equity Compensation Plan (reported as acquired at $0.00).

Key Details

• Sale: 205 shares disposed on 2025-12-31 at $71.62 per share — proceeds $14,682.
• Award: 2,412 shares granted on 2026-02-19 (reported acquisition price $0.00).
• Vesting (footnote F1): award vests in three equal installments — 804 shares on 2/19/2027, 804 shares on 2/19/2028, and 804 shares on 2/19/2029.
• Footnote F2: the reported totals include an extra 5.59474 shares from a dividend reinvestment plan (fractional shares).
• Filing timing: the Form 4 was filed 2026-02-23. The 12/31/2025 sale appears to have been reported late (outside the usual 2-business-day reporting window), while the 2/19/2026 grant was reported on time.

Context

• The sale is relatively small (about $14.7k) and may be routine (e.g., liquidity or tax reasons); the award is a time‑based grant that vests over three years and does not represent an immediate purchase signal.
• For retail investors, time‑based grants are standard executive compensation; purchases are generally viewed as stronger signs of insider confidence than routine sales or scheduled vesting.