First US Bancshares director buys 3,588 shares
FIRST US BANCSHARES, INC.
Rhea-AI Filing Summary
FIRST US BANCSHARES, INC. (FUSB) director Robert C. Field reported indirect open-market purchases of the company’s common stock through Highland Mortgage, LLC. On September 1, 2026, the LLC purchased 3,300 shares at a weighted average price of $16.39 per share, and on September 2, 2026, it purchased 288 shares at $16.40 per share. Field also reports 2,960 shares held directly as of September 1, 2026, and disclaims beneficial ownership of the LLC-held shares except to the extent of his pecuniary interest. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,588 shares
Net Buy
3 txns
Insider
FIELD Robert C
Role
Director
Bought
3,588 shs ($59K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $.01 par value F2 | 288 | $16.40 | $5K |
| Purchase | Common Stock, $.01 par value F1, F2 | 3,300 | $16.39 | $54K |
| holding | Common Stock, $.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $.01 par value — 11,588 shares (Indirect, By Highland Mortgage, LLC);
Common Stock, $.01 par value — 2,960 shares (Direct)
Footnotes (2)
- F1. This price represents the weighted average purchase price (rounded to the nearest cent) for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from $16.35 to $16.40. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares purchased at each separate price.
- F2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Key Figures
Shares purchased September 1, 2026: 3,300 shares
Weighted average purchase price September 1, 2026: $16.39 per share
Shares purchased September 2, 2026: 288 shares
+3 more
6 metrics
Shares purchased September 1, 2026
3,300 shares
Indirect purchase by Highland Mortgage, LLC
Weighted average purchase price September 1, 2026
$16.39 per share
Prices ranged from $16.35 to $16.40 for these transactions
Shares purchased September 2, 2026
288 shares
Indirect purchase by Highland Mortgage, LLC
Purchase price September 2, 2026
$16.40 per share
Per-share price for 288-share purchase
Total shares purchased in reported period
3,588 shares
Net buy transactions reported for September 1–2, 2026
Directly held shares
2,960 shares
Common stock held directly as of September 1, 2026
Key Terms
weighted average purchase price, pecuniary interest, beneficial ownership, indirect
4 terms
weighted average purchase price financial
"This price represents the weighted average purchase price (rounded to the nearest cent)"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect financial
"ownership type recorded as indirect, By Highland Mortgage, LLC"
FAQ
What insider transactions did FUSB director Robert C. Field report?
He reported indirect open-market purchases of FIRST US BANCSHARES, INC. common stock through Highland Mortgage, LLC on September 1 and 2, 2026, plus a line showing 2,960 shares held directly as of September 1, 2026.
Are Robert C. Field’s FUSB holdings direct or indirect?
The Form 4 shows both: 2,960 shares held directly and additional shares held indirectly by Highland Mortgage, LLC. For the LLC-held shares, he disclaims beneficial ownership except to the extent of his pecuniary interest.
Were the FUSB stock purchases made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as being made under a plan, and the footnotes do not state that the transactions were pursuant to a Rule 10b5-1 trading plan.
What type of security did Robert C. Field acquire in FUSB?
All reported transactions involve FIRST US BANCSHARES, INC. Common Stock, $.01 par value, acquired in open-market or private purchase transactions through Highland Mortgage, LLC and held both indirectly and directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
