FIRST US BANCSHARES (FUSB) officer exercises options, uses shares for taxes

Rhea-AI Filing Summary

FIRST US BANCSHARES, INC. senior vice president and corporate controller Matthew A. Parker exercised employee stock options and had shares withheld to cover taxes. He exercised options for a total of 600 shares of common stock at strike prices of $10.01 and $11.71 per share.

To satisfy tax obligations, 462 shares were disposed of through tax-withholding transactions at $16.75 per share, leaving Parker with a net increase of 138 shares. Following these transactions, he directly holds 3,213 shares of common stock.

Insights

Equity compensation analyst

Routine option exercise with tax withholding and a small net share increase.

Matthew A. Parker, a senior officer of FIRST US BANCSHARES, exercised stock options for 600 shares of common stock at strike prices of $10.01 and $11.71 per share. These M-code transactions are standard derivative exercises converting options into shares.

Two F-code transactions disposed of 462 shares at $16.75 per share to cover tax liabilities, a non-market mechanism rather than an open-market sale. After these moves, Parker directly owns 3,213 shares. The filing reflects routine compensation-related activity without a directional buy or sell signal on the stock.

Insider Trade Summary

600 shares exercised/converted

Mixed 6 txns

Insider Parker Matthew A.

Role SVP, Corp Controller & PAO

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy)	300	$0.00	--
Exercise	Stock Option (right to buy)	300	$0.00	--
Exercise	Common Stock, $.01 par value	300	$11.71	$4K
Tax Withholding	Common Stock, $.01 par value	241	$16.75	$4K
Exercise	Common Stock, $.01 par value	300	$10.01	$3K
Tax Withholding	Common Stock, $.01 par value	221	$16.75	$4K

Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct, null); Common Stock, $.01 par value — 3,213 shares (Direct, null)

Footnotes (1)

1. 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

Options exercised: 600 shares Tax-withheld shares: 462 shares Post-transaction holdings: 3,213 shares +3 more

6 metrics

Options exercised 600 shares Total common shares from M-code option exercises

Tax-withheld shares 462 shares F-code tax-withholding dispositions tied to exercises

Post-transaction holdings 3,213 shares Direct common stock owned after transactions

First option strike price $10.01/share Exercise price for 300 options granted February 27, 2019

Second option strike price $11.71/share Exercise price for 300 options granted February 12, 2018

Tax-withholding price $16.75/share Value used for F-code tax-withholding dispositions

Key Terms

tax-withholding disposition, derivative exercise/conversion, Stock Option (right to buy), transaction code F, +1 more

5 terms

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative exercise/conversion financial

"transaction_action: "derivative exercise/conversion""

Stock Option (right to buy) financial

"security_title: "Stock Option (right to buy)""

transaction code F regulatory

"transaction_code: "F" for tax liability payments"

transaction code M regulatory

"transaction_code: "M" for option exercises"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/30/2026 - 11:05 AM Accepted by SEC EDGAR 06/30/2026 - 11:05 AM Learn about SEC filing dates

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^*

Parker Matthew A.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Corp Controller & PAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.01 par value	06/26/2026		M		300	A	$11.71	3,213	D
Common Stock, $.01 par value	06/26/2026		F		241	D	$16.75	2,972	D
Common Stock, $.01 par value	06/26/2026		M		300	A	$10.01	3,272	D
Common Stock, $.01 par value	06/26/2026		F		221	D	$16.75	3,051	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$11.71	06/26/2026		M			300	02/12/2019(1)	02/12/2028	Common Stock, $.01 par value	300	$0	0	D
Stock Option (right to buy)	$10.01	06/26/2026		M			300	02/27/2020(2)	02/27/2029	Common Stock, $.01 par value	300	$0	0	D

Explanation of Responses:

1. 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.

2. 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.

	/s/ Beverly J. Dozier, by power of attorney	06/30/2026
	** 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)

FAQ

What insider transactions did FUSB executive Matthew A. Parker report?

Matthew A. Parker reported exercising stock options for 600 FUSB common shares and tax-withholding dispositions of 462 shares. These transactions converted option awards into stock while using part of the shares to cover related tax obligations, leaving him with more shares overall.

How many FIRST US BANCSHARES (FUSB) shares does Matthew A. Parker now own?

After these transactions, Matthew A. Parker directly owns 3,213 FUSB common shares. This reflects option exercises totaling 600 shares and tax-withholding dispositions of 462 shares, resulting in a net increase of 138 shares in his direct holdings.

Were the FUSB insider transactions open-market buys or sales?

The reported FUSB insider transactions were not open-market buys or sales. They were option exercises (M-code) and tax-withholding dispositions (F-code), where shares are issued from options and a portion is withheld to pay taxes, rather than traded on the open market.

What option strike prices were exercised by the FUSB executive?

Matthew A. Parker exercised options with strike prices of $10.01 and $11.71 per FUSB share. Each grant covered 300 shares, for a total of 600 shares exercised. These prices reflect the terms of previously granted employee stock options.

How many FUSB shares were withheld for taxes in these insider transactions?

A total of 462 FUSB shares were withheld for taxes through two F-code transactions. The tax-withholding dispositions involved 221 and 241 shares, each at $16.75 per share, to satisfy tax liabilities tied to the option exercises.