Choate William Millard 4

What Happened

• William Millard Choate, a director of Ameris Bancorp (ABCB), was granted 1,003 restricted shares on May 21, 2026. The award is reported at $0.00 per share (a restricted stock grant rather than an open-market purchase or sale). The reported total includes about 92.308744 shares acquired via a dividend reinvestment plan.

Key Details

• Transaction date: 2026-05-21; Filing date: 2026-05-26 (filed 3 business days after the transaction; appears later than the standard 2-business-day Form 4 window).
• Type: Award/Grant (restricted stock) — reported at $0.00 per share.
• Shares reported in this grant: 1,003 total (includes ~92.308744 from dividend reinvestment).
• Vesting: Grant vests on the earlier of (i) May 21, 2027, or (ii) the date of the 2027 annual shareholders’ meeting.
• Shares owned after transaction: not specified in the provided filing summary.
• Filing timeliness: filing date suggests the Form 4 was submitted after the usual 2-business-day reporting period.

Context

• Restricted-stock grants are compensation and generally vest over time; they do not indicate an immediate market purchase or sale. Because these shares are subject to vesting, they typically cannot be sold until vested.
• Inclusion of DRIP shares means part of the total came from reinvested dividends rather than this grant itself. The late filing may be an administrative delay and is worth noting for record-keeping, but it does not by itself indicate trading intent.