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First US Bancshares (FUSB) CFO receives 3,300 restricted shares

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

Rhea-AI Filing Summary

First US Bancshares, Inc. senior executive vice president and chief financial officer Elley Thomas S reported an award of 3,300 shares of common stock on 02/09/2026. These shares are time-based restricted stock granted under the company’s 2023 Incentive Plan at a reported price of $0 per share.

The restricted shares will vest in three equal installments on the first, second, and third anniversaries of the grant date, tying value to continued service. Following this award, Thomas beneficially owns 36,000 shares of First US Bancshares common stock in direct ownership.

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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*
Elley Thomas S

(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,CFO,Trea,Ast Sec-FUSB
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 A 3,300(1) A $0 36,000 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
Explanation of Responses:
1. Represents shares of time-based restricted stock granted under the First US Bancshares, Inc. 2023 Incentive Plan that will vest in equal installments on the first, second, and third anniversaries of the grant date.
/s/Beverly J. Dozier, by power of attorney 02/10/2026
** 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 report for executive Elley Thomas S?

First US Bancshares reported that SEVP and CFO Elley Thomas S received 3,300 shares of common stock as a time-based restricted stock grant. The award was reported at a price of $0 per share on February 9, 2026, under the company’s 2023 Incentive Plan.

How many FUSB shares does the CFO own after this Form 4 transaction?

After the reported transaction, SEVP and CFO Elley Thomas S beneficially owns 36,000 shares of First US Bancshares common stock. This total reflects direct ownership following the grant of 3,300 restricted shares reported on February 9, 2026, in the Form 4 filing.

What type of equity award did the FUSB executive receive on February 9, 2026?

The executive received 3,300 shares of time-based restricted common stock, not stock options or cash. The grant was made under the First US Bancshares, Inc. 2023 Incentive Plan and will vest over three years in equal annual installments, subject to service.

How do the FUSB restricted shares granted to the CFO vest over time?

The 3,300 restricted shares granted to the CFO will vest in three equal installments on the first, second, and third anniversaries of the grant date. This structure means one-third of the award becomes unrestricted each year, aligning with continued employment.

Was the FUSB CFO’s Form 4 transaction a purchase or a grant of shares?

The transaction was reported with code "A," indicating an acquisition of shares, and the price per share was reported as $0. The footnote explains it represents a grant of time-based restricted stock under the 2023 Incentive Plan, not an open-market purchase.
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