Estate of James W. Ayers Distributes Over 7 Million Shares of FB Financial Corporation

James Jonathan Ayers, acting as co-executor of the Estate of James W. Ayers, filed an Amendment No. 3 to Schedule 13D for FB Financial Corporation (FBK). The filing details a significant distribution of common stock from the Estate to beneficiaries without consideration. Between April 17 and April 24, 2026, the Estate distributed a total of 7,051,841 shares in three separate tranches (2,250,000 shares, 2,400,921 shares, and 2,400,920 shares). Following these distributions, J. Jonathan Ayers reports beneficial ownership of 7,069,533 shares, representing a 13.7% stake in the company. This total includes 17,692 shares held directly and 7,051,841 shares held by the Estate. Although the shares have been distributed, the reporting persons retain voting control over the Estate's shares for the upcoming 2026 Annual Meeting on May 21, 2026, as the distributions occurred after the March 27 record date. This voting control will be extinguished immediately following the conclusion of the meeting. James Austin McPherson also serves as a co-executor with shared voting power over the Estate's holdings.