LaHaise James A 4
Research Summary
AI-generated summary
Ameris Bancorp (ABCB) CSO James A. LaHaise Withholds 738 Shares for Taxes
What Happened
- James A. LaHaise, Chief Strategy Officer of Ameris Bancorp (ABCB), had 738 shares of common stock withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units.
- The withholding occurred on February 24, 2026 at an average price of $79.38 per share, a total value of approximately $58,582. The RSU vesting covered 1,656 shares originally awarded on February 23, 2023.
- This is a tax-withholding disposition (transaction code F), not an open-market sale or an independent purchase.
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely).
- Withheld/disposed: 738 shares at $79.38 each, total ≈ $58,582.
- Vesting: 1,656 RSUs vested (award dated 2023-02-23); 738 shares withheld to cover taxes per footnote.
- Shares owned after transaction: not specified in the provided filing.
- Transaction type/code: F (payment of tax liability via share withholding).
- No indication of a 10b5-1 plan, gift, or late filing in this report.
Context
- Withholding shares to cover taxes is a routine administrative action when RSUs vest and does not necessarily reflect the insider’s view of the company’s stock price.
- Unlike open-market sales, tax-withholding dispositions are common and are used to meet tax obligations from awards rather than to realize additional cash proceeds.