Director at FIRST US BANCSHARES (FUSB) awarded 56.84 phantom stock units in plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

FIRST US BANCSHARES, INC. director Aubrey S. Miller reported receiving a grant of 56.84 Phantom Stock Units on common stock at a reference price of $16.55 per unit. These units convert to common stock on a 1-for-1 basis and are accrued under the company’s Non-Employee Directors' Deferred Compensation Plan.

Following this award, Miller holds 699.40 Phantom Stock Units, including 2.46 shares attributable to quarterly dividends under the plan. The phantom units are to be settled in common stock at the end of the deferral period, so this filing reflects a compensation-related equity accrual rather than an open-market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Miller Aubrey S

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	56.84	$16.55	$940.70

Holdings After Transaction: Phantom Stock Units — 699.4 shares (Direct, null)

Footnotes (1)

The units convert to common stock on a 1-for-1 basis. Includes 2.46 shares attributable to quarterly dividends accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan. The phantom stock units were accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan and are to be settled in common stock at the end of the deferral period.

Key Figures

Phantom units granted: 56.84 units Reference price: $16.55 per unit Total phantom units after grant: 699.40 units +2 more

5 metrics

Phantom units granted 56.84 units Grant of Phantom Stock Units on common stock

Reference price $16.55 per unit Price used for the 56.84-unit grant

Total phantom units after grant 699.40 units Holdings following the reported transaction

Dividend-attributable units 2.46 units Units from quarterly dividends under directors' deferred plan

Conversion ratio 1 unit : 1 share Phantom Stock Units convert to common stock

Key Terms

Phantom Stock Units, Non-Employee Directors' Deferred Compensation Plan, deferral period

3 terms

Phantom Stock Units financial

"security_title: "Phantom Stock Units""

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Non-Employee Directors' Deferred Compensation Plan financial

"accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan"

deferral period financial

"to be settled in common stock at the end of the deferral period"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 02:46 PM Accepted by SEC EDGAR 07/01/2026 - 02:46 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Miller Aubrey S

(Last)

(First)

(Middle)

3291 US HIGHWAY 280

(Street)

BIRMINGHAM

ALABAMA

35243

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRST US BANCSHARES, INC. [ FUSB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾	06/30/2026		A		56.84⁽²⁾		⁽³⁾	⁽³⁾	Common Stock	56.84⁽²⁾	$16.55	699.4	D

Explanation of Responses:

1. The units convert to common stock on a 1-for-1 basis.

2. Includes 2.46 shares attributable to quarterly dividends accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan.

3. The phantom stock units were accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan and are to be settled in common stock at the end of the deferral period.

	/s/Beverly J. Dozier, by power of attorney	07/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did FUSB director Aubrey S. Miller report in this Form 4?

Aubrey S. Miller reported receiving a grant of 56.84 Phantom Stock Units tied to FIRST US BANCSHARES common stock. These units are part of director compensation and increase his total phantom unit holdings to 699.40, to be settled in shares later.

How many FUSB Phantom Stock Units does Aubrey S. Miller hold after this grant?

After the grant, Aubrey S. Miller holds 699.40 Phantom Stock Units linked to FIRST US BANCSHARES, INC. stock. This total includes 2.46 units attributable to quarterly dividends accrued under the Non-Employee Directors' Deferred Compensation Plan.

At what reference price were the new FUSB Phantom Stock Units granted?

The 56.84 Phantom Stock Units were granted at a reference price of $16.55 per unit. This price is used for accounting and reporting purposes and does not reflect an open-market purchase or sale of FIRST US BANCSHARES shares.

Do the FUSB Phantom Stock Units reported by Miller convert into common stock?

Yes, the Phantom Stock Units convert into FIRST US BANCSHARES common stock on a 1-for-1 basis. They are accrued under the Non-Employee Directors' Deferred Compensation Plan and are scheduled to be settled in shares at the end of the deferral period.

Is this FUSB Form 4 a market buy or sell of common stock?

No, this Form 4 does not show a market buy or sell of common stock. It reports a compensation-related grant of Phantom Stock Units that will be settled in FIRST US BANCSHARES shares at the end of a deferral period instead of immediate trading.