STOCK TITAN

FIRST US BANCSHARES (FUSB) director granted additional phantom stock units

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

Rhea-AI Filing Summary

FIRST US BANCSHARES, INC. director Bruce N. Wilson reported an acquisition of 82.74 Phantom Stock Units on June 30, 2026 as a grant under the company’s Non-Employee Directors' Deferred Compensation Plan. These units are valued at $16.55 per unit and increase his deferred phantom stock balance to 19,734.25 units.

The phantom stock units convert into common stock on a 1-for-1 basis and are to be settled in common shares at the end of the deferral period, rather than through an open-market purchase. Some of the units are attributable to quarterly dividends credited under the same deferred compensation plan.

Positive

  • None.

Negative

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Insights

Routine director phantom stock grant with modest size and deferred settlement.

Director Bruce N. Wilson received 82.74 Phantom Stock Units at $16.55 per unit, increasing his balance to 19,734.25 units. The filing describes this as a grant or award, not an open-market transaction, and the units convert into common stock on a 1-for-1 basis.

The units arise under the Non-Employee Directors' Deferred Compensation Plan, with some tied to quarterly dividend accruals. Settlement occurs in common stock at the end of the deferral period. This structure suggests standard, deferred equity compensation, with limited near-term signaling value for trading sentiment.

Insider WILSON BRUCE N
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 82.74 $16.55 $1K
Holdings After Transaction: Phantom Stock Units — 19,734.25 shares (Direct)
Footnotes (1)
  1. The units convert to common stock on a 1-for-1 basis. Shares attributable to quarterly dividends accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan. The phantom stock units were accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan and are to be settled in common stock at the end of the deferral period.
Phantom stock units granted 82.74 units Grant on June 30, 2026
Grant value per unit $16.55 per unit Phantom Stock Units grant price
Total phantom units after grant 19,734.25 units Director’s deferred phantom stock balance
Conversion ratio 1-for-1 into common stock Phantom units to common stock
Underlying common shares 82.74 shares Underlying common stock for this grant
Phantom Stock Units financial
"The units convert to common stock on a 1-for-1 basis."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Non-Employee Directors' Deferred Compensation Plan financial
"accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan"
deferral period financial
"to be settled in common stock at the end of the deferral period"
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FAQ

What did FIRST US BANCSHARES (FUSB) director Bruce Wilson report in this Form 4?

Director Bruce N. Wilson reported receiving 82.74 Phantom Stock Units as a grant under the Non-Employee Directors' Deferred Compensation Plan, valued at $16.55 per unit, increasing his phantom stock balance to 19,734.25 units.

Is Bruce Wilson’s Form 4 transaction in FUSB stock a market purchase or sale?

The transaction is a grant of Phantom Stock Units, not a market purchase or sale. The units are awarded under a deferred compensation plan and convert into common stock on a 1-for-1 basis at the end of the deferral period.

How many Phantom Stock Units does Bruce Wilson hold after this FUSB grant?

After the June 30, 2026 grant of 82.74 Phantom Stock Units, Bruce N. Wilson holds a total of 19,734.25 phantom units, all linked to FIRST US BANCSHARES common stock through a 1-for-1 conversion ratio upon settlement.

What is the value per Phantom Stock Unit in Bruce Wilson’s FUSB Form 4 filing?

Each Phantom Stock Unit in the reported transaction is valued at $16.55. This price is used for the 82.74-unit award under the Non-Employee Directors' Deferred Compensation Plan and helps determine the notional value of his deferred equity compensation.

When will Bruce Wilson’s FUSB Phantom Stock Units be settled into common stock?

The Phantom Stock Units are to be settled in FIRST US BANCSHARES common stock at the end of the deferral period. Until then, they remain as deferred compensation units, including those attributable to quarterly dividend accruals under the plan.

What plan governs the Phantom Stock Units reported by Bruce Wilson at FUSB?

The Phantom Stock Units are accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan. The plan credits units, including those from quarterly dividends, and provides for settlement in common stock after the elected deferral period.
SEC Form 4
FORM 4UNITED 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*
WILSON BRUCE N

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units(1)06/30/2026A82.74(2) (3) (3)Common Stock82.74(2)$16.5519,734.25D
Explanation of Responses:
1. The units convert to common stock on a 1-for-1 basis.
2. Shares attributable to quarterly dividends accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan.
3. The phantom stock units were accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan and are to be settled in common stock at the end of the deferral period.
/s/Beverly J. Dozier, by power of attorney07/01/2026
** Signature of Reporting PersonDate
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)