FUSB director granted 74.85 phantom stock units

FIRST US BANCSHARES director Robert S. Briggs reported a compensation-related award of phantom stock units.

Rhea-AI Filing Summary

FIRST US BANCSHARES director Robert S. Briggs reported a compensation-related award of phantom stock units. On the reported date, he acquired 74.85 Phantom Stock Units, credited at a reference price of $15.30 per unit under the company’s Non-Employee Directors' Deferred Compensation Plan.

The phantom units convert into common stock on a 1-for-1 basis and are to be settled in common stock at the end of the deferral period. Following this grant, Briggs holds a total of 16,517.51 phantom stock units under the plan, which accrue from quarterly dividends and other deferred director compensation rather than open-market transactions.

Insider Trade Summary

Grant/Award: 74.85 shares

Grant/Award 1 txn

Insider BRIGGS ROBERT S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	74.85	$15.30	$1K

Holdings After Transaction: Phantom Stock Units — 16,517.51 contracts (Direct)

Footnotes (3)

1. F1. The units convert to common stock on a 1-for-1 basis.
2. F2. Shares attributable to quarterly dividends accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan.
3. F3. The phantom stock units were accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan and are to be settled in common stock at the end of the deferral period.

Key Figures

Phantom units granted: 74.85 units Reference price per unit: $15.30 Phantom units after grant: 16,517.51 units +1 more

4 metrics

Phantom units granted 74.85 units Grant/award acquisition on reported transaction date

Reference price per unit $15.30 Price per Phantom Stock Unit for this grant

Phantom units after grant 16,517.51 units Total phantom stock units following the transaction

Conversion ratio 1-for-1 Each phantom unit converts into one common share

Key Terms

Phantom Stock Units, Non-Employee Directors' Deferred Compensation Plan, deferred compensation, 1-for-1 basis

4 terms

Phantom Stock Units financial

"security_title: "Phantom Stock Units""

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Non-Employee Directors' Deferred Compensation Plan financial

"accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan"

deferred compensation financial

"Deferred Compensation Plan and are to be settled in common stock at the end of the deferral period"

Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.

1-for-1 basis financial

"The units convert to common stock on a 1-for-1 basis."

FAQ

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

What insider transaction did Robert S. Briggs report for FIRST US BANCSHARES (FUSB)?

Robert S. Briggs reported receiving 74.85 Phantom Stock Units as a grant under the Non-Employee Directors' Deferred Compensation Plan. These units represent deferred director compensation and are not open-market purchases or sales of FIRST US BANCSHARES common stock.

How do Robert S. Briggs’s phantom stock units in FUSB convert into common shares?

The phantom stock units held by Robert S. Briggs convert into FIRST US BANCSHARES common stock on a 1-for-1 basis. They are settled in common stock at the end of the deferral period, aligning director compensation with long-term shareholder value over time.

What is the total phantom stock balance reported by Robert S. Briggs at FUSB?

After the latest grant, Robert S. Briggs reported holding 16,517.51 Phantom Stock Units. This balance reflects deferred compensation and quarterly dividends accrued under FIRST US BANCSHARES’ Non-Employee Directors' Deferred Compensation Plan, all ultimately payable in common stock.

What was the reference price used for the latest phantom stock grant to Robert S. Briggs at FUSB?

The latest grant of 74.85 Phantom Stock Units to Robert S. Briggs used a reference price of $15.30 per unit. This price applies to the phantom units within the deferred compensation plan and does not represent an open-market trade initiated by the director.

How are quarterly dividends reflected in Robert S. Briggs’s FUSB phantom stock holdings?

Quarterly dividends under the FIRST US BANCSHARES Non-Employee Directors' Deferred Compensation Plan are credited as additional phantom stock units. The reported 74.85-unit grant is attributable to quarterly dividends, increasing Briggs’s total deferred phantom stock balance over time.

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

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Accepted by SEC EDGAR 04/01/2026 - 03:43 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^*

BRIGGS ROBERT 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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

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
Phantom Stock Units	(1)	03/31/2026		A		74.85(2)		(3)	(3)	Common Stock	74.85(2)	$15.3	16,517.51	D

Explanation of Responses:

1. The units convert to common stock on a 1-for-1 basis.

2. Shares attributable to quarterly dividends accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan.

3. The phantom stock units were accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan and are to be settled in common stock at the end of the deferral period.

	/s/Beverly J. Dozier, by power of attorney	04/01/2026
	** 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)