First US Bancshares (FUSB) CFO exercises 7,000 options and nets more shares

Rhea-AI Filing Summary

FIRST US BANCSHARES, INC. Senior Executive Vice President and CFO Thomas S. Elley exercised stock options to acquire 7,000 shares of common stock at $14.11 per share. On the same date, 6,220 shares were disposed of at $16.75 per share to satisfy tax obligations through a tax-withholding disposition, not an open-market sale. Following these transactions, Elley held 43,000 shares of common stock directly, indicating a small net increase in his equity position and the completion of this option grant exercise.

Insider Trade Summary

7,000 shares exercised/converted

Mixed 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	--
Exercise	Common Stock, $.01 par value	7,000	$14.11	$99K
Tax Withholding	Common Stock, $.01 par value	6,220	$16.75	$104K

Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct, null); Common Stock, $.01 par value — 43,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Options exercised: 7,000 shares Exercise price: $14.11/share Tax-withholding shares: 6,220 shares +4 more

7 metrics

Options exercised 7,000 shares Stock options converted to common stock at $14.11 per share

Exercise price $14.11/share Conversion or exercise price of stock options exercised

Tax-withholding shares 6,220 shares Shares disposed via tax-withholding at $16.75 per share

Tax-withholding price $16.75/share Price used for tax-withholding disposition of common stock

Shares after exercise 43,000 shares Total common shares directly held after transactions

Transaction code F 1 transaction Tax-withholding disposition of 6,220 common shares

Transaction code M 2 transactions Exercise of 7,000 options and related derivative entry

Key Terms

tax-withholding disposition, derivative exercise/conversion, Stock Option (right to buy), Common Stock, $.01 par value, +1 more

5 terms

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 exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

Stock Option (right to buy) financial

"security_title": "Stock Option (right to buy)""

Common Stock, $.01 par value financial

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

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 06:40 PM Accepted by SEC EDGAR 06/29/2026 - 06:40 PM 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)

FAQ

What did FIRST US BANCSHARES (FUSB) CFO Thomas Elley report in this Form 4?

CFO Thomas Elley reported exercising stock options for 7,000 FUSB common shares at $14.11 per share. He also reported a related tax-withholding disposition of 6,220 shares at $16.75 per share, reflecting routine equity compensation activity rather than an open-market trade.

How many FIRST US BANCSHARES (FUSB) shares does the CFO hold after these transactions?

After the reported transactions, CFO Thomas Elley directly holds 43,000 FUSB common shares. This balance reflects the 7,000 shares acquired through option exercise and the 6,220 shares disposed of for tax withholding, resulting in a modest net increase in his direct ownership.

Was the FIRST US BANCSHARES (FUSB) CFO’s Form 4 a market sale of shares?

The filing shows a tax-withholding disposition of 6,220 FUSB shares at $16.75 per share, coded "F". This represents shares withheld to cover tax liabilities on the option exercise, not an open-market sale initiated for investment or trading purposes.

What stock options did the FIRST US BANCSHARES (FUSB) CFO exercise?

Thomas Elley exercised 7,000 stock options, each with a conversion or exercise price of $14.11, into FUSB common stock. These options were originally granted on February 22, 2017 and vested in three equal annual installments, according to the accompanying footnote.

Did the FIRST US BANCSHARES (FUSB) CFO retain any stock options after this Form 4?

The derivative summary shows zero remaining derivative securities from this option grant, indicating all 7,000 options reported were exercised. The derivative position in this specific grant is now fully converted into common stock, with no residual options outstanding from it.

How significant is the CFO’s transaction in terms of FIRST US BANCSHARES (FUSB) ownership?

The transactions involve 7,000 shares acquired and 6,220 shares disposed for taxes, leaving 43,000 shares directly held. This pattern is typical of compensation-related exercises and does not reflect a discretionary open-market purchase or sale that would materially change his disclosed equity stake.