FUSB executive exercises options, shares withheld for tax
FIRST US BANCSHARES, INC. senior officer Beverly J. Dozier exercised stock options and had shares withheld to cover tax obligations on common stock awards.
Rhea-AI Filing Summary
FIRST US BANCSHARES, INC. senior officer Beverly J. Dozier exercised stock options and had shares withheld to cover tax obligations on common stock awards.
On July 8, 2026, Dozier exercised options for a total of 8,100 shares of common stock at exercise prices of $10.01, $11.71, and $14.11 per share. To satisfy tax liabilities, a total of 6,572 shares were disposed of as tax-withholding transactions at $16.95 per share, which are not open-market sales.
After these transactions, one entry shows direct ownership of 8,752 shares of common stock, along with indirect holdings of 21,821 shares through a 401(k) plan and 8,596 shares held by a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,100 shares exercised/converted
Exercise
11 txns
Insider
Dozier Beverly J
Role
SVP,Secr,Ast Trs-FUSB;SVP-Bank
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 3,000 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) | 2,550 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) | 2,550 | $0.00 | $0.00 |
| Exercise | Common Stock, $.01 par value | 3,000 | $14.11 | $42K |
| Exercise Price or Tax Liability | Common Stock, $.01 par value | 2,671 | $16.95 | $45K |
| Exercise | Common Stock, $.01 par value | 2,550 | $11.71 | $30K |
| Exercise Price or Tax Liability | Common Stock, $.01 par value | 2,034 | $16.95 | $34K |
| Exercise | Common Stock, $.01 par value | 2,550 | $10.01 | $26K |
| Exercise Price or Tax Liability | Common Stock, $.01 par value | 1,867 | $16.95 | $32K |
| holding | Common Stock, $.01 par value | -- | -- | -- |
| holding | Common Stock, $.01 par value | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Common Stock, $.01 par value — 8,752 shares (Direct);
Common Stock, $.01 par value — 8,596 shares (Indirect, By Trust);
Common Stock, $.01 par value — 21,821 shares (Indirect, 401K)
Footnotes (4)
- F1. Based on information provided by Voya, the record keeper of the First US Bancshares, Inc. 401(k) Plan as of 7/8/2026.
- F2. These options were granted on 2/22/2017, and vested in equal installments on each of the first three anniversaries of the date of grant.
- F3. These options were granted on 2/12/2018, and vested in equal installments on each of the first three anniversaries of the date of grant.
- F4. These options were granted on 2/27/2019, and vested in equal installments on each of the first three anniversaries of the date of grant.
Key Figures
Options Exercised: 8,100 shares
Tax-Withholding Shares: 6,572 shares
Exercise Price Tranche 1: $10.01/share
+5 more
8 metrics
Options Exercised
8,100 shares
Total common shares from derivative exercises on July 8, 2026
Tax-Withholding Shares
6,572 shares
Shares disposed of for tax obligations at $16.95 per share
Exercise Price Tranche 1
$10.01/share
Stock option exercise price for 2,550 shares
Exercise Price Tranche 2
$11.71/share
Stock option exercise price for 2,550 shares
Exercise Price Tranche 3
$14.11/share
Stock option exercise price for 3,000 shares
Tax Withholding Price
$16.95/share
Price used for tax-withholding dispositions of common stock
Direct Shares After Transactions
10,224 shares
Direct common stock ownership shown in final transaction entry
Indirect 401(k) Holdings
21,821 shares
Common stock held through First US Bancshares, Inc. 401(k) Plan
Key Terms
Stock Option (right to buy), tax-withholding disposition, Exercise or conversion of derivative security, 401(k) Plan, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
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.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
401(k) Plan financial
"record keeper of the First US Bancshares, Inc. 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Common Stock, $.01 par value financial
"security_title: "Common Stock, $.01 par value""
FAQ
What insider activity did FUSB executive Beverly J. Dozier report on this Form 4?
Beverly J. Dozier reported exercising stock options and related tax-withholding dispositions. She exercised options for 8,100 common shares and had 6,572 shares withheld at $16.95 per share to satisfy tax liabilities tied to these equity awards.
What is Beverly J. Dozier’s reported direct ownership in FUSB common stock after these transactions?
One transaction entry reports Dozier directly holding 10,224 shares of FIRST US BANCSHARES common stock after the exercises. This figure reflects her direct position following the option exercises and associated tax-withholding share dispositions reported on July 8, 2026.
What stock option grants did Beverly J. Dozier exercise according to the Form 4 footnotes?
The Form 4 shows Dozier exercised options originally granted in 2017, 2018, and 2019. Footnotes state these options vested in equal installments over three years from their respective grant dates, before being exercised into common shares on July 8, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
