First US Bancshares CFO exercises 7,000 options

First US Bancshares’ senior executive vice president and CFO Thomas S. Elley exercised stock options for 7,000 shares of common stock on June 26, 2026, at an exercise price of $14.11 per share.

Rhea-AI Filing Summary

First US Bancshares’ senior executive vice president and CFO Thomas S. Elley exercised stock options for 7,000 shares of common stock on June 26, 2026, at an exercise price of $14.11 per share. These options were granted on February 22, 2017 and vested in equal installments over three years.

In connection with this exercise, 6,220 shares of common stock were delivered at $16.75 per share as a tax-withholding disposition to satisfy exercise-related obligations. After these transactions, he directly holds 36,780 shares of First US Bancshares common stock. The Rule 10b5-1 checkbox is not marked as indicating a trading plan for these transactions.

Insider Trade Summary

7,000 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)	7,000	$0.00	$0.00
Exercise	Common Stock, $.01 par value	7,000	$14.11	$99K
Exercise Price or Tax Liability	Common Stock, $.01 par value	6,220	$16.75	$104K

Holdings After Transaction: Stock Option (right to buy) — 0 contracts (Direct); Common Stock, $.01 par value — 36,780 shares (Direct)

Footnotes (1)

1. F1. These options were granted on February 22, 2017, and vested in equal installments on each of the first three anniversaries of the date of grant.

Key Figures

Options exercised: 7,000 shares Exercise price: $14.11 per share Shares withheld for obligations: 6,220 shares +1 more

4 metrics

Options exercised 7,000 shares Stock options exercised on 2026-06-26 into common stock

Exercise price $14.11 per share Exercise price for 7,000 stock options converted to common stock

Shares withheld for obligations 6,220 shares Common shares delivered at $16.75 per share in a tax-withholding disposition

Direct holdings after transaction 36,780 shares Direct common stock holdings following the reported transactions

Key Terms

Stock Option (right to buy), tax-withholding disposition, derivative security

3 terms

Stock Option (right to buy) financial

"Transaction in Stock Option (right to buy) derivative security reported for June 26, 2026"

tax-withholding disposition financial

"Transaction coded F described as a tax-withholding disposition of common stock shares"

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

"Exercise or conversion of derivative security into common stock at a fixed exercise price"

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.

FAQ

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

What insider stock transaction did FUSB report for Thomas S. Elley?

Thomas S. Elley, senior executive vice president and CFO, exercised 7,000 stock options into common shares at an exercise price of $14.11 on June 26, 2026, with a related tax-withholding disposition of 6,220 shares at $16.75 per share.

How many FUSB shares does Thomas S. Elley own after these transactions?

After the reported transactions, Thomas S. Elley directly owns 36,780 shares of First US Bancshares common stock. This figure reflects his stated post-transaction position in common shares and does not address any separate indirect or derivative interests.

What was the purpose of the FUSB share disposition coded "F"?

The transaction coded "F" is a tax-withholding disposition in which 6,220 common shares were delivered at $16.75 per share to satisfy obligations associated with the option exercise, such as paying the exercise price and/or related tax liabilities.

When were the FUSB stock options exercised by the CFO originally granted and how did they vest?

The stock options exercised on June 26, 2026 were granted on February 22, 2017. They vested in equal installments on each of the first three anniversaries of the grant date, resulting in full vesting over a three-year period.

Were Thomas S. Elley’s FUSB transactions executed under a Rule 10b5-1 trading plan?

The Rule 10b5-1 affirmation checkbox is not marked as adopted, and the disclosure provides no indication that these transactions occurred under a Rule 10b5-1 trading plan, implying they were not reported as pre-arranged under such a plan.

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

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Accepted by SEC EDGAR 06/29/2026 - 06:40 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)
06/26/2026

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	06/26/2026		M		7,000	A	$14.11	43,000	D
Common Stock, $.01 par value	06/26/2026		F		6,220	D	$16.75	36,780	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)	$14.11	06/26/2026		M			7,000	02/22/2018(1)	02/22/2027	Common Stock, $.01 par value	7,000	$0	0	D

Explanation of Responses:

1. These options were granted on February 22, 2017, 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	06/29/2026
	** 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)