Spencer Jody L 4

What Happened

• Jody L. Spencer, Chief Legal Officer of Ameris Bancorp (ABCB), had 615 shares of common stock withheld on February 24, 2026 to satisfy tax withholding obligations. The shares were valued at $79.35 each, for a total of approximately $48,800.
• The withholding occurred upon the vesting of 1,380 shares that were originally awarded on February 23, 2023. As a result, 765 net shares were delivered to the reporting person after taxes were withheld. This is an administrative tax-withholding disposition, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-24; Filing date: 2026-02-26.
• Withheld/disposed: 615 shares at $79.35 per share; total value ≈ $48,800.
• Vesting: 1,380 shares vested; 615 withheld to cover taxes, 765 net shares issued.
• Shares owned after transaction: not specified in the provided filing (check the full Form 4 on EDGAR for post-transaction holdings).
• Footnote: Transaction code F — withholding of shares to satisfy tax liability upon vesting.
• Timeliness: Reported two days after the transaction (filed 2026-02-26 for a 2026-02-24 event); no late-filing indicator provided in the summary.

Context

• This was a tax-withholding disposition (common when equity awards vest). It’s an administrative action and not the same as an open-market sale that could signal sentiment.
• For retail investors, purchase transactions tend to be more informative as bullish signals; withholdings on vesting are routine and reflect compensation tax obligations rather than a directional trade.