First US Bancshares (FUSB) exec withholds shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First US Bancshares, Inc. executive Eric H. Mabowitz, SEVP and Chief Risk Officer of the bank, reported tax-withholding dispositions of company common stock in early February 2026. On February 9, 2026, 405 shares were disposed of at $15.64 per share, leaving 19,439 shares held directly. On February 10, 2026, two additional tax-withholding dispositions of 405 and 324 shares occurred at $15.52 per share, reducing his direct holdings to 18,710 shares. The filing notes that these transactions represent the withholding of shares for tax purposes, and separately shows 83 shares held indirectly through a 401(k) plan based on information as of February 10, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Mabowitz Eric H
Role
SEVP,Chief Risk Officer-Bank
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $.01 par value | 405 | $15.52 | $6K |
| Tax Withholding | Common Stock, $.01 par value | 324 | $15.52 | $5K |
| Tax Withholding | Common Stock, $.01 par value | 405 | $15.64 | $6K |
| holding | Common Stock, $.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $.01 par value — 19,034 shares (Direct);
Common Stock, $.01 par value — 83 shares (Indirect, 401K)
Footnotes (1)
- Represents the withholding of shares for tax purposes. Based on information provided by OneAmerica, the record keeper of the First US Bancshares, Inc. 401(K) Plan, as of February 10, 2026.
FAQ
What insider transaction did FUSB report on February 9–10, 2026?
First US Bancshares (FUSB) reported that executive Eric H. Mabowitz disposed of shares to cover taxes. Three Form 4 transactions used code F, reflecting tax-withholding dispositions of 405, 405, and 324 common shares at prices of $15.64 and $15.52 per share.
What does the indirect FUSB holding in the 401(k) plan represent?
The filing shows 83 First US Bancshares common shares held indirectly in a 401(k) account. A footnote explains this figure is based on information from OneAmerica, the record keeper of the First US Bancshares, Inc. 401(k) Plan, as of February 10, 2026.