First US Bancshares (FUSB) CEO exercises 11,000 options, now holds 144,728 shares
Rhea-AI Filing Summary
FIRST US BANCSHARES, INC. reported that a director who also serves as Chairman, President & CEO exercised stock options for 11,000 shares of common stock on 12/11/2025 at an exercise price of $14.11 per share.
After this transaction, the reporting person directly owned 144,728 shares of common stock and held an additional 0.79 shares indirectly through the First US Bancshares, Inc. 401(k) Plan as of 12/11/2025. The options exercised were originally granted on 02/22/2017, vested in equal installments on each of the first three anniversaries of the grant date, and were scheduled to expire on 02/22/2027, with 0 derivative securities remaining following the exercise.
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FAQ
What insider transaction did First US Bancshares (FUSB) report in this filing?
The company reported that a director and its Chairman, President & CEO exercised stock options for 11,000 shares of common stock on 12/11/2025 at an exercise price of $14.11 per share.
How many First US Bancshares (FUSB) shares does the reporting person own after the transaction?
Following the reported transaction, the reporting person directly owned 144,728 shares of common stock and held an additional 0.79 shares indirectly through the First US Bancshares, Inc. 401(k) Plan as of 12/11/2025.
What type of derivative security was involved in the First US Bancshares (FUSB) transaction?
The transaction involved a stock option (right to buy) with an exercise price of $14.11, covering 11,000 shares of First US Bancshares common stock.
When were the exercised First US Bancshares (FUSB) stock options granted and when did they vest?
The options were granted on 02/22/2017 and vested in equal installments on each of the first three anniversaries of the grant date, according to the explanation of responses.
What is the expiration date of the stock options exercised in this First US Bancshares (FUSB) filing?
The stock options exercised on 12/11/2025 were scheduled to expire on 02/22/2027, and the report shows 0 derivative securities beneficially owned after the transaction.
What is the reporting person’s relationship to First US Bancshares (FUSB)?
The reporting person is identified as both a Director and an Officer, serving as Chairman, President & CEO of First US Bancshares, Inc.