First US Bancshares CFO exercises 6,300 options

FIRST US BANCSHARES, INC. senior executive vice president and CFO Thomas S. Elley exercised stock options for 6,300 shares of common stock at $11.71 per share.

Rhea-AI Filing Summary

FIRST US BANCSHARES, INC. senior executive vice president and CFO Thomas S. Elley exercised stock options for 6,300 shares of common stock at $11.71 per share. The options were granted on February 12, 2018 and vested in three equal annual installments.

On the same date, 4,924 shares of common stock were disposed of at $16.95 per share to satisfy tax obligations through share withholding, rather than an open-market sale. After these transactions, Elley directly holds 38,156 shares of common stock.

Insider Trade Summary

6,300 shares exercised/converted

Exercise 3 txns

Insider Elley Thomas S

Role SEVP,CFO,Trea,Ast Sec-FUSB

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy)	6,300	$0.00	$0.00
Exercise	Common Stock, $.01 par value	6,300	$11.71	$74K
Exercise Price or Tax Liability	Common Stock, $.01 par value	4,924	$16.95	$83K

Holdings After Transaction: Stock Option (right to buy) — 0 contracts (Direct); Common Stock, $.01 par value — 38,156 shares (Direct)

Footnotes (1)

1. F1. These options were granted on February 12, 2018, and vested in equal installments on each of the first three anniversaries of the date of grant.

Key Figures

Options exercised: 6,300 shares Option exercise price: $11.71 per share Shares withheld for taxes: 4,924 shares +4 more

7 metrics

Options exercised 6,300 shares Common Stock options exercised on July 8, 2026

Option exercise price $11.71 per share Exercise or conversion price for 6,300 options

Shares withheld for taxes 4,924 shares Tax-withholding disposition at $16.95 per share

Tax-withholding price $16.95 per share Value used for 4,924 withheld shares

Shares held after transactions 38,156 shares Direct common stock ownership following Form 4 transactions

Option grant date February 12, 2018 Grant date for exercised stock options

Option expiration date February 12, 2028 Expiration date for exercised stock options

Key Terms

Stock Option (right to buy), tax-withholding disposition, derivative security, Common Stock, $.01 par value

4 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.

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Common Stock, $.01 par value financial

"security_title": "Common Stock, $.01 par value""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the FUSB CFO report in this Form 4 filing?

The FUSB CFO, Thomas S. Elley, exercised 6,300 stock options and had 4,924 shares withheld to cover taxes. These transactions involved common stock and reflect routine equity compensation activity rather than open-market buying or selling.

How many stock options did the FUSB CFO exercise and at what price?

Thomas S. Elley exercised 6,300 stock options for FIRST US BANCSHARES common stock at $11.71 per share. These options were originally granted on February 12, 2018 and vested in three equal annual installments before being fully exercised.

Were the FUSB CFO’s reported share dispositions open-market sales?

No, the 4,924 shares reported as disposed were withheld at $16.95 per share to satisfy tax liabilities. This tax-withholding disposition is a standard mechanism and does not represent an open-market sale of FIRST US BANCSHARES stock.

How many FUSB shares does the CFO own after these transactions?

Following the reported option exercise and tax-withholding disposition, Thomas S. Elley directly holds 38,156 shares of FIRST US BANCSHARES common stock. This figure represents his direct ownership position after completing the Form 4 transactions on July 8, 2026.

What are the key terms of the exercised FUSB stock options?

The exercised stock options covered 6,300 shares of FIRST US BANCSHARES common stock at an exercise price of $11.71. They were granted on February 12, 2018, vested in three annual installments, and carried an expiration date of February 12, 2028 before being fully exercised.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/09/2026 - 12:16 PM EDT Learn about SEC filing dates

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 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SEVP,CFO,Trea,Ast Sec-FUSB

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.01 par value	07/08/2026		M		6,300	A	$11.71	43,080	D
Common Stock, $.01 par value	07/08/2026		F		4,924	D	$16.95	38,156	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)	$11.71	07/08/2026		M			6,300	02/12/2019(1)	02/12/2028	Common Stock, $.01 par value	6,300	$0	0	D

Explanation of Responses:

1. These options were granted on February 12, 2018, and vested in equal installments on each of the first three anniversaries of the date of grant.

	/s/Beverly J. Dozier, by power of attorney	07/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)