First US Bancshares SVP granted 1,400 restricted shares
First US Bancshares reported an equity award to senior executive Matthew A. Parker, its SVP, PAO & Director of Financial Reporting.
Rhea-AI Filing Summary
First US Bancshares reported an equity award to senior executive Matthew A. Parker, its SVP, PAO & Director of Financial Reporting. On February 9, 2026, he received 1,400 shares of common stock as time-based restricted stock under the 2023 Incentive Plan.
These restricted shares will vest in three equal installments on the first, second, and third anniversaries of the grant date, encouraging longer-term retention. Following this grant, Parker beneficially owns 3,146 shares of First US Bancshares common stock, held directly.
Positive
- None.
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Insider Trade Summary
Grant/Award: 1,400 shares
Grant/Award
1 txn
Insider
Parker Matthew A.
Role
SVP, PAO & Dir. Fin. Rptg.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.01 par value | 1,400 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $.01 par value — 3,146 shares (Direct)
Footnotes (1)
- F1. 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.
FAQ
What is the vesting schedule for Matthew A. Parker’s restricted stock in FUSB?
The 1,400 restricted shares granted to Matthew A. Parker will vest in three equal installments. Vesting occurs on the first, second, and third anniversaries of the February 9, 2026 grant date, aligning the award with longer-term service and performance at First US Bancshares.
Under which plan was Matthew A. Parker’s FUSB restricted stock granted?
The restricted stock granted to Matthew A. Parker was issued under the First US Bancshares, Inc. 2023 Incentive Plan. This plan provides time-based restricted stock awards that vest over multiple years, supporting executive retention and alignment with shareholder interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.