Ameris Bancorp (ABCB) director reports small open-market stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ameris Bancorp director Leo J. Hill reported a small open-market sale of company stock. He sold 0.3201 shares of Ameris Bancorp common stock at a price of $75.15 per share. After this transaction, he directly holds 15,255.5318 common shares.
In addition to his direct holdings, he reports indirect ownership of 467 shares through his spouse and 18,058 shares through a family trust. A footnote states that his direct total includes 14.8191 shares acquired as a participant in a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 0.32 shares ($24)
Net Sell
3 txns
Insider
HILL LEO J
Role
Director
Sold
0.32 shs ($24.06)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 0.32 | $75.15 | $24.06 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,255.532 shares (Direct);
Common Stock — 467 shares (Indirect, Spouse)
Footnotes (1)
- [object Object]
FAQ
What did Ameris Bancorp (ABCB) director Leo J. Hill report in this Form 4?
Ameris Bancorp director Leo J. Hill reported an open-market sale of 0.3201 common shares at $75.15 per share. The filing also details his remaining direct and indirect shareholdings, including spouse and family trust positions, after this small transaction.
What indirect Ameris Bancorp holdings does Leo J. Hill report on this Form 4?
Leo J. Hill reports indirect ownership of 467 Ameris Bancorp common shares held through his spouse and 18,058 shares held through a family trust. These indirect positions are listed separately from his direct holdings to clarify the nature of his reported ownership.
What does the dividend reinvestment plan footnote mean in Leo J. Hill’s Ameris Bancorp filing?
The footnote explains that his direct share total includes 14.8191 Ameris Bancorp shares acquired through a dividend reinvestment plan. This indicates that a portion of his holdings increased automatically when dividends were reinvested into additional common shares rather than paid in cash.