First Us Bancsha SEC Filings

First US Bancshares, Inc. (FUSB) – Form 4 filing: Director Jack W. Meigs reported the routine quarterly crediting of 32.64 phantom stock units on 06/30/2025 under the company’s Non-Employee Directors’ Deferred Compensation Plan. The units convert to common stock on a 1-for-1 basis and were booked at an implied price of $12.90 per unit, lifting the director’s total phantom holdings to 6,080.04 units. Ownership remains direct; settlement will occur at the end of the elected deferral period. No open-market purchase or sale of common shares occurred, and there is no change in the director’s voting power until conversion. The filing reflects standard compensation accrual, with negligible dollar value (≈ $420) and no apparent signal of material change in insider sentiment or corporate outlook.

BGM Group Ltd filed a Form 6-K to confirm the closing of its previously announced acquisition of 100% of HM Management Company Limited. Under the Agreement dated 2 May 2025, BGM issued 16,663,427 Class A ordinary shares as consideration, priced at US$2.50 per share, implying an equity value of approximately US$41.7 million for the transaction. The new shares represent about 8.31% of BGM’s total shares outstanding but only 0.76% of total voting power, reflecting the company’s dual-class structure.

A strict 60-month lock-up prohibits the sellers—Catch Group Limited and Expansion Group Limited—from transferring or pledging any of the consideration shares, reducing near-term selling pressure. Management states that the purchase will expand BGM’s AI application portfolio and allow integration with its existing AI insurance and AI mobility businesses, aiming to strengthen its competitive position in the broader AI industry.

No cash changed hands, preserving liquidity, but the share issuance does introduce moderate dilution for existing shareholders. Financial results, synergies, cost savings, or revenue projections were not disclosed in the filing.

First US Bancshares, Inc. (FUSB) – Form 4 insider filing: Director David Peter Hale reported the acquisition of 655.38 phantom stock units on 30 June 2025 under the company’s Non-Employee Directors’ Deferred Compensation Plan. The units convert to common stock on a 1-for-1 basis and include 93.29 dividend-equivalent shares. Following the transaction, Hale directly holds 18,477.14 phantom units. The filing indicates routine deferred-compensation accrual rather than an open-market purchase, suggesting limited immediate market impact but continued alignment of the director’s interests with shareholders.

SEC Form 4 snapshot: On 06/30/2025, First US Bancshares, Inc. (FUSB) director Robert S. Briggs received 87.34 phantom stock units through the company’s Non-Employee Directors’ Deferred Compensation Plan. The units accrue from quarterly dividends and convert to common stock on a 1-for-1 basis at settlement. The reference price recorded for the accrual is $12.90.

After the transaction, Briggs’ aggregate phantom-unit balance rose to 16,266.93 units, all reported as directly held. No open-market purchases, sales, or non-derivative share movements were disclosed.

Because the award is plan-based and automatically triggered by dividend accruals, it is viewed as routine and non-market-moving. Nevertheless, it modestly reinforces the director’s long-term alignment with shareholder value creation.