First US Bancshares (FUSB) EVP details common stock option awards
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
FIRST US BANCSHARES, INC. executive Eric H. Mabowitz, EVP and Chief Risk Officer of the bank, updates his beneficial ownership on an amended Form 3 by detailing several stock option awards tied to the company’s common stock. The filing lists options covering 3,000, 3,600, 5,000, 6,200, 5,900 and 6,000 underlying shares with exercise prices between $8.10 and $14.11 per share and expiration dates from July 2024 through February 2029. Footnotes explain that earlier grants from 2014, 2015 and 2016 have vested and were later exercised, with those exercises reported separately on Forms 4 filed in 2024 and 2025. Overall, this amendment is a routine administrative update that clarifies the timing, vesting and exercise history of the executive’s stock option awards rather than new buying or selling activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Mabowitz Eric H
Role
EVP, Chief Risk Officer-Bank
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 6,000 shares (Direct, null)
Footnotes (1)
- These options were granted on August 1, 2014, and vested immediately. These options were exercised and reported on a Form 4 filed June 10, 2024. These options were granted on February 23, 2015, and vested on the first anniversary date of grant. These options were exercised and reported on a Form 4 filed December 3, 2024. These options were granted on February 24, 2016, and vested in equal installments on each of the first three anniversaries of the date of grant. These options were exercised and reported on a Form 4 filed November 6, 2025. These options were granted on February 22, 2017, and vested in equal installments on each of the first three anniversaries of the date of grant. These options were granted on February 12, 2018, and vested in equal installments on each of the first three anniversaries of the date of grant. These options were granted on February 27, 2019, and vested in equal installments on each of the first three anniversaries of the date of grant.
Key Figures
2019 option exercise price: $10.01 per share
2018 option exercise price: $11.71 per share
2017 option exercise price: $14.11 per share
+3 more
6 metrics
2019 option exercise price
$10.01 per share
Stock Option (right to buy) expiring February 27, 2029 with 3,000 underlying shares
2018 option exercise price
$11.71 per share
Stock Option (right to buy) expiring February 12, 2028 with 3,600 underlying shares
2017 option exercise price
$14.11 per share
Stock Option (right to buy) expiring February 22, 2027 with 5,000 underlying shares
2016 option exercise price
$8.30 per share
Stock Option (right to buy) expiring February 24, 2026 with 6,200 underlying shares
2015 option exercise price
$8.23 per share
Stock Option (right to buy) expiring February 23, 2025 with 5,900 underlying shares
2014 option exercise price
$8.10 per share
Stock Option (right to buy) expiring July 31, 2024 with 6,000 underlying shares
Key Terms
Stock Option (right to buy), Common Stock, vested in equal installments, Form 4, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy) with underlying common stock shares"
Common Stock financial
"underlying_security_title: Common Stock for each stock option award"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vested in equal installments financial
"vested in equal installments on each of the first three anniversaries"
Form 4 regulatory
"These options were exercised and reported on a Form 4 filed June 10, 2024"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficial ownership financial
"amended Form 3 updating the reporting person’s beneficial ownership in options"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
Which stock option grants for FUSB are listed for Eric Mabowitz in this Form 3/A?
The filing lists six stock option awards on FIRST US BANCSHARES common stock, with underlying share amounts of 3,000, 3,600, 5,000, 6,200, 5,900 and 6,000. Each award has a specific exercise price, expiration date, and vesting description recorded in the disclosure and footnotes.
What do the footnotes in the FUSB Form 3/A say about exercised options?
Footnotes state that options granted in 2014, 2015 and 2016 fully vested and were subsequently exercised, with those exercises reported on Forms 4 filed in June 2024, December 2024 and November 2025. This clarifies that some earlier grants are no longer outstanding.
Are there new stock purchases or sales in the FUSB Form 3/A for Eric Mabowitz?
The Form 3/A does not show new stock purchases or sales by Eric H. Mabowitz. Instead, it records existing stock option holdings and provides historical details on grants, vesting and prior exercises that were already reported on earlier Form 4 filings.