FIRST US Bancshares director granted phantom units

FIRST US BANCSHARES, INC. director David Peter Hale received a grant of 521.86 Phantom Stock Units on common stock at a reference price of $16.55 per unit.

Rhea-AI Filing Summary

FIRST US BANCSHARES, INC. director David Peter Hale received a grant of 521.86 Phantom Stock Units on common stock at a reference price of $16.55 per unit. These units convert to common stock on a 1-for-1 basis and are accrued under the Non-Employee Directors' Deferred Compensation Plan.

After this award, Hale holds 20,879.34 Phantom Stock Units, including 83.73 units attributable to quarterly dividends. The units are to be settled in common stock at the end of the deferral period, making this a compensation-related, non-market transaction.

Insider Trade Summary

Grant/Award: 521.86 shares

Grant/Award 1 txn

Insider Hale David Peter

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	521.86	$16.55	$9K

Holdings After Transaction: Phantom Stock Units — 20,879.34 contracts (Direct)

Footnotes (3)

1. F1. The units convert to common stock on a 1-for-1 basis.
2. F2. Includes 83.73 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: 521.86 units Reference price per unit: $16.55 per unit Total phantom units after grant: 20,879.34 units +2 more

5 metrics

Phantom units granted 521.86 units Grant of Phantom Stock Units on 1-for-1 common stock basis

Reference price per unit $16.55 per unit Value used for Phantom Stock Units grant

Total phantom units after grant 20,879.34 units Director’s Phantom Stock Units balance following the transaction

Dividend-attributable units 83.73 units Units from quarterly dividends under deferred compensation plan

Conversion ratio 1-for-1 Each Phantom Stock Unit converts into one common share

Key Terms

Phantom Stock Units, Non-Employee Directors' Deferred Compensation Plan, deferral period

3 terms

Phantom Stock Units financial

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

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"

deferral period financial

"to be settled in common stock at the end of the deferral period"

FAQ

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

What did director David Peter Hale acquire in this FUSB Form 4 filing?

Director David Peter Hale received 521.86 Phantom Stock Units tied to FIRST US BANCSHARES common stock. The units represent deferred compensation and convert into shares on a 1-for-1 basis at the end of the deferral period.

How many Phantom Stock Units does David Peter Hale hold after this FUSB transaction?

After the grant, David Peter Hale holds 20,879.34 Phantom Stock Units. This total includes units previously accrued and 83.73 units attributable to quarterly dividends under the Non-Employee Directors' Deferred Compensation Plan.

At what price were the new Phantom Stock Units valued in the FUSB filing?

The 521.86 newly granted Phantom Stock Units were valued at $16.55 per unit. This figure functions as a reference price for the award and is tied to FIRST US BANCSHARES common stock value for compensation purposes.

How do FUSB Phantom Stock Units convert into common stock for directors?

The Phantom Stock Units convert into FIRST US BANCSHARES common stock on a 1-for-1 basis. They are settled in shares at the end of the deferral period, providing equity-based compensation instead of immediate cash payments to non-employee directors.

What role do dividends play in David Peter Hale’s FUSB Phantom Stock Units balance?

Hale’s Phantom Stock Units balance includes 83.73 units attributable to quarterly dividends. These accruals occur under the Non-Employee Directors' Deferred Compensation Plan, increasing his total deferred equity-linked compensation over time.

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

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Accepted by SEC EDGAR 07/01/2026 - 02:48 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^*

Hale David Peter

(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)
06/30/2026

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)	06/30/2026		A		521.86(2)		(3)	(3)	Common Stock	521.86(2)	$16.55	20,879.34	D

Explanation of Responses:

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

2. Includes 83.73 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	07/01/2026
	** 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)