Estate of James W. Ayers Finalizes Share Distribution, No Longer a Beneficial Owner
summarizeSummary
The Estate of James W. Ayers has filed its final amendment, confirming it no longer beneficially owns shares of FB Financial Corp, and related individuals now hold less than 5% ownership.
check_boxKey Events
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Estate's Ownership Concludes
The Estate of James W. Ayers, previously a significant shareholder, no longer beneficially owns any shares of FB Financial Corp common stock.
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Individual Holdings Below 5%
James Jonathan Ayers and James Austin McPherson now beneficially own 17,692 and 11,584 shares, respectively, each representing less than 0.1% of the outstanding common stock.
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Final Amendment Filed
This Amendment No. 4 constitutes the final amendment for these reporting persons, indicating the completion of their reporting obligations related to the Estate's prior significant holdings.
auto_awesomeAnalysis
This filing marks the conclusion of a significant ownership change, as the Estate of James W. Ayers, a former major shareholder, no longer beneficially owns any shares. This final amendment confirms that the related individuals now hold less than 5% of the company's stock, removing the overhang of a large block of shares that had been undergoing distribution.
At the time of this filing, FBK was trading at $52.68 on NYSE in the Finance sector, with a market capitalization of approximately $2.7B. The 52-week trading range was $42.29 to $62.37. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.