McKendry William D 4

What Happened William D. McKendry, Chief Risk Officer of Ameris Bancorp (ABCB), had 615 shares of common stock withheld to satisfy tax withholding obligations tied to a vesting event on February 24, 2026. The withheld shares were valued at $79.35 each, for a total of $48,800. This was not an open-market sale but a tax-withholding disposition (transaction code F) related to the vesting of an award.

Key Details

• Transaction date: February 24, 2026; Filing date: February 26, 2026 (filed timely under Form 4 rules).
• Price used for withholding: $79.35 per share.
• Shares withheld/disposed: 615 (total cash value ≈ $48,800).
• Vesting detail: 1,380 shares originally awarded on February 23, 2023 vested on Feb 24, 2026; 615 shares were withheld for taxes (footnote), implying a net delivery of 765 shares to McKendry.
• Shares owned after transaction: Not disclosed in the provided filing.
• Transaction code: F (tax withholding).

Context This was a routine tax-withholding action on vested equity (not a discretionary sale or open-market trade). Withholdings on vesting are common and generally reflect tax obligations rather than a signal about the insider’s view of the stock.