Director at First US Bancshares (FUSB) exercises 1,500 options on Jan. 6

Rhea-AI Filing Summary

First US Bancshares director Jack W. Meigs reported routine equity transactions in company stock. On January 6, 2026, he exercised a stock option for 1,500 shares of common stock at an exercise price of $8.30 per share, converting a derivative award into directly held shares. On the same day, 918 shares of common stock were withheld at $13.56 per share in a transaction coded “F,” which typically reflects shares surrendered to cover taxes or similar obligations. After these transactions, Meigs directly held 7,466 shares of First US Bancshares common stock.

Insights

Insider transactions analyst

Director converts options into shares with tax-related share withholding.

Director Jack W. Meigs exercised a stock option for 1,500 shares of First US Bancshares common stock at an exercise price of $8.30 on January 6, 2026. This removed the option position, leaving 0 derivative securities of that grant outstanding.

On the same date, a separate transaction coded “F” shows 918 shares at $13.56 per share, consistent with shares being withheld to satisfy tax or similar obligations tied to the option exercise. Following these moves, Meigs directly owned 7,466 shares of common stock. The filing reflects routine equity compensation activity rather than a discretionary open-market sale.

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^*

MEIGS JACK W

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

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	01/06/2026		M		1,500	A	$8.3	8,384	D
Common Stock, $.01 par value	01/06/2026		F		918	D	$13.56	7,466	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
Stock Option (right to buy)	$8.3	01/06/2026		M			1,500	02/24/2017	02/24/2026	Common Stock	1,500	$0	0	D

Explanation of Responses:

	/s/Beverly J. Dozier, by power of attorney	01/07/2026
	** 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

Who reported insider transactions for FIRST US BANCSHARES, INC. (FUSB)?

The reporting person is Jack W. Meigs, who is identified as a director of FIRST US BANCSHARES, INC.

What stock option transaction did Jack W. Meigs report for FUSB on January 6, 2026?

On 01/06/2026, Meigs exercised a stock option (right to buy) for 1,500 shares of FIRST US BANCSHARES common stock at an exercise price of $8.30 per share, coded as transaction type M.

How many FUSB common shares did Jack W. Meigs acquire and how many were withheld?

Meigs acquired 1,500 shares of FIRST US BANCSHARES common stock at $8.30 per share and had 918 shares at $13.56 per share reported under code F, which typically indicates shares withheld to cover obligations such as taxes.

How many FIRST US BANCSHARES (FUSB) shares does Jack W. Meigs own after these transactions?

After the reported transactions on 01/06/2026, Jack W. Meigs directly owned 7,466 shares of FIRST US BANCSHARES common stock.

Does Jack W. Meigs still hold the stock options reported in the FUSB Form 4?

No. After exercising the stock option for 1,500 shares, the number of derivative securities from that grant beneficially owned following the transaction is reported as 0.

Is this FUSB Form 4 filed by one reporting person or multiple insiders?

The form indicates it is filed by one reporting person, specifically director Jack W. Meigs.