STERN WILLIAM H 4
Research Summary
AI-generated summary
Ameris Bancorp Director William H Stern Receives Restricted Stock Award
What Happened William H. Stern, a director of Ameris Bancorp (ABCB), received a grant of 1,003 restricted shares on 2026-05-21. The reported acquisition price is $0.00 (this is an award/compensation grant, not an open-market purchase), and the shares are subject to vesting. This is a compensation award rather than a purchase or sale.
Key Details
- Transaction date: 2026-05-21; filing date: 2026-05-26 (appears later than the usual 2-business-day Form 4 deadline).
- Shares granted: 1,003 restricted shares; reported acquisition price: $0.00.
- Vesting (F1): shares vest on the earlier of (i) May 21, 2027, or (ii) the date of the 2027 annual shareholders’ meeting.
- Ownership/aggregation note (F2): the filing states the reported total includes an additional 703.974457 shares acquired via employee stock purchase plan and dividend reinvestment plan.
- Shares owned after the transaction: not explicitly specified in the provided filing details.
Context Restricted stock awards are a form of compensation that vest over time and are common for directors and executives; they do not represent an open-market buy that would signal immediate personal investment. The grant itself should be viewed as compensation-related rather than a direct insider market endorsement.