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John Lee McPhearson, a director of First US Bancshares, Inc. (FUSB), reported the acquisition on 09/30/2025 of 71.28 phantom stock units under the company’s Non-Employee Directors' Deferred Compensation Plan. The filing states these phantom stock units convert to common stock on a 1-for-1 basis and are to be settled in common stock at the end of the deferral period.
After the reported transaction the filing shows 12,377.19 shares beneficially owned following the transaction and records a per-share price of $12.02 associated with the entry. The form was submitted by power of attorney on 10/01/2025.
David Peter Hale, a director of First US Bancshares, Inc. (FUSB), reported receipt of 707.03 phantom stock units on 09/30/2025 that convert 1-for-1 into common stock. The filing states 103.79 of those units represent quarterly dividends accrued under the company’s Non-Employee Directors' Deferred Compensation Plan and that the phantom units are to be settled in common stock at the end of the deferral period. The reported per-share price associated with the units is $12.02, and the transaction increased Hale’s beneficial ownership to 19,184.17 shares. The Form 4 was signed by power of attorney on 10/01/2025.
Form 4 disclosure: Robert C reported acquisition of 501.78 phantom stock units under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan on 09/30/2025. The units convert 1-for-1 into common stock and include 2.62 shares from accrued quarterly dividends. The reported transaction increases the reporting person’s beneficial ownership to 1,416 shares, held directly. The phantom units are to be settled in common stock at the end of the deferral period. The filing was signed by power of attorney on 10/01/2025.
Robert S. Briggs, a director of First US Bancshares, Inc. (FUSB), received 94.22 phantom stock units on 09/30/2025 under the company's Non-Employee Directors Deferred Compensation Plan. These phantom units convert to common stock on a 1-for-1 basis and represent shares attributable to quarterly dividends accrued under the plan. The units are payable in common stock at the end of the deferral period rather than as cash.
After this reported acquisition, Mr. Briggs beneficially owns 16,361.15 shares of FUSB common stock directly. The reported transaction shows an associated notional price of $12.02 per share for the derivative award and the Form 4 was signed by power of attorney on 10/01/2025.
Gordon Stephen Nathaniel filed an Form 3 disclosing initial beneficial ownership in First US Bancshares, Inc. (FUSB). The filing reports direct ownership of 700 shares of Common Stock, $.01 par value, for an event dated 08/27/2025. The filing was signed by Beverly J. Dozier as power of attorney on 08/29/2025. No derivative securities or other holdings are reported on this form.
First US Bancshares, Inc. expanded its Board of Directors from eleven to twelve members and elected S. Nathan Gordon to fill the new seat, effective August 27, 2025. He will also serve on the board of First US Bank, the company’s wholly owned banking subsidiary, and join key bank committees, including the Asset/Liability Committee.
The Board determined that Mr. Gordon is independent under Nasdaq listing standards and that he is qualified to serve on the boards and committees described. He will receive the same director compensation as other directors, as outlined in the company’s March 31, 2025 Form 10-Q, and will be eligible for awards under the 2023 Incentive Plan.
The company also entered into a director indemnification agreement with Mr. Gordon that is substantially similar to those of other current directors. This agreement provides, to the extent permitted by law and subject to specified limitations, indemnification and advancement of expenses for proceedings arising from his role with the company.
Form 4 for First US Bancshares, Inc. (FUSB) shows Director Staci Pierce reported two open-market purchases on 08/26/2025: 500 shares at $11.81 and 1,000 shares at $11.58. After these transactions she beneficially owned 6,100 shares in total. The filing was signed by Beverly J. Dozier as power of attorney on 08/26/2025.
Staci Pierce, a director of First US Bancshares, Inc. (FUSB), purchased 500 shares of the company on 08/22/2025 at $11.80 per share. After the transaction she beneficially owned 4,600 shares. The Form 4 was signed under power of attorney by Beverly J. Dozier on 08/25/2025. This filing discloses a routine insider purchase by a company director.