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First US Bancshares (FUSB) executive reports tax-withholding share transfers

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

First US Bancshares, Inc. senior executive Mitchell William C reported several share dispositions to cover tax obligations related to equity awards. On February 9 and 10, 2026, he transferred blocks of 462, 463, and 370 common shares at prices around $15.52–$15.64 per share under code F, which represents payment of tax liability by delivering securities.

After these transactions, he directly owned 23,732 shares of common stock. The filing also notes indirect holdings of 8,350 shares in a 401(k) plan, based on information as of February 10, 2026, and 1,209 shares held by his spouse, for which he disclaims beneficial ownership.

Positive

  • None.

Negative

  • None.
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*
Mitchell William C

(Last) (First) (Middle)
3291 US HIGHWAY 280

(Street)
BIRMINGHAM AL 35243

(City) (State) (Zip)
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)
SEVP-Consumer Lending-Bank
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/09/2026 F(1) 462 D $15.64 24,565 D
Common Stock, $.01 par value 02/10/2026 F(1) 463 D $15.52 24,102 D
Common Stock, $.01 par value 02/10/2026 F(1) 370 D $15.52 23,732 D
Common Stock, $.01 par value 8,350(2) I 401K
Common Stock, $.01 par value 1,209(3) I By Spouse
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
Explanation of Responses:
1. Represents the withholding of shares for tax purposes.
2. Based on information provided by OneAmerica, the record keeper of the First US Bancshares, Inc.401(K) Plan, as of February 10, 2026.
3. Shares owned by spouse of which reporting person disclaims beneficial ownership.
/s/Beverly J. Dozier, by power of attorney 02/11/2026
** 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.

FAQ

What insider transaction did FUSB executive Mitchell William C report?

He reported share dispositions used to cover tax liabilities on equity awards. The Form 4 shows several code F transactions where common shares were delivered at prices near $15.52–$15.64 per share, reflecting tax-withholding dispositions rather than open-market buying or selling.

How many First US Bancshares (FUSB) shares does the executive own directly after the transactions?

He directly owned 23,732 FUSB common shares after the reported activity. This figure comes from the Form 4 table showing the amount of common stock beneficially owned following the tax-withholding dispositions on February 9 and 10, 2026.

What does transaction code F mean in the FUSB Form 4 filing?

Code F indicates shares used to pay exercise price or tax liabilities. In this filing, the code F entries are described as representing the withholding of shares for tax purposes, meaning shares were delivered instead of cash to satisfy tax obligations on awards.

What indirect FUSB holdings are reported for Mitchell William C?

Indirect holdings include 8,350 shares in a 401(k) plan and 1,209 shares held by his spouse. The 401(k) balance is based on information as of February 10, 2026, and the executive disclaims beneficial ownership of the spouse’s shares.

Were the reported FUSB insider transactions open-market sales?

No, they are tax-withholding dispositions, not ordinary market sales. The Form 4 uses transaction code F and explains that the entries represent the withholding of shares for tax purposes, indicating shares were delivered to satisfy tax obligations on equity compensation.
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