Morgan Bartow Jr, serving as both Director and CEO of Georgia Banking Co Inc (NASDAQ:GBC), filed a Form 3 initial statement of beneficial ownership on October 27, 2026, disclosing direct and indirect holdings of common stock and several derivative securities.

Key Highlights

  • Direct common stock: The filing reports 553,119 shares of common stock held directly by the reporting person.
  • Indirect common stock: An additional 34,070 shares are held indirectly through an IRA for the benefit of the reporting person.
  • Warrants: 150,478 warrants to purchase common stock are reported as fully exercisable at $21.62 per share, expiring February 23, 2031.
  • Deferred Stock Units: 71,212 deferred stock units are disclosed under the issuer's Deferred Compensation Plan, with 28,077 unvested and scheduled to vest in tranches through February 15, 2029.
  • Restricted Stock Units: 48,907 restricted stock units are reported, vesting in four tranches from March 1, 2027 through March 1, 2030, subject to continued service.
  • Roles: The reporting person is identified as both a Director and the CEO of the issuer.

Morgan Bartow Jr's Initial Beneficial Ownership Disclosure at Georgia Banking Co Inc

According to the Form 3 filed with the SEC on October 27, 2026, Morgan Bartow Jr disclosed his initial beneficial ownership of securities in Georgia Banking Co Inc, listed on NASDAQ:GBC. The filing covers both direct and indirect holdings across common stock and multiple derivative security categories. The date of event requiring the statement is listed as October 27, 2026.

The filing reports 553,119 shares of common stock held directly and 34,070 shares held indirectly through an IRA for the reporting person's benefit. In the derivative securities table, the filing discloses 150,478 warrants described as "fully exercisable" with an exercise price of $21.62 per share and an expiration date of February 23, 2031. Additionally, 71,212 deferred stock units are reported under the issuer's Deferred Compensation Plan; each unit settles into one share of common stock upon the reporting person's separation from service. Of these, 28,077 units are unvested, with 14,242 scheduled to vest on February 15, 2027, 9,617 on February 15, 2028, and 4,218 on February 15, 2029, subject to continued service.

The filing also reports 48,907 restricted stock units, each representing a contingent right to receive one share of common stock. These vest in four installments: 16,301 on March 1, 2027; 16,303 on March 1, 2028; 10,868 on March 1, 2029; and 5,435 on March 1, 2030, all subject to continued service. The Form 3 was signed by Suzanne Deep as Attorney-in-Fact for Bartow Morgan Jr and filed on October 27, 2026.

What Was Disclosed

Georgia Banking Co Inc CEO and Director Morgan Bartow Jr filed a Form 3 on October 27, 2026, reporting initial beneficial ownership of 553,119 direct and 34,070 indirect shares of common stock, plus warrants, deferred stock units, and restricted stock units in NASDAQ:GBC.