Estate sale drops Anderson stake in First US Bancshares (FUSB)

Rhea-AI Filing Summary

FIRST US BANCSHARES, INC. (FUSB) received an amended Schedule 13D/A from the Anderson reporting group indicating that their aggregate beneficial ownership of common stock has fallen below 5% following an estate-related disposition. Charles C. Anderson passed away on June 24, 2026, and no longer has beneficial ownership of any shares; Terrence Anderson became the estate representative.

On August 20, 2026, Anderson CBP LLC sold 148,524 shares of common stock. After this transaction, the reporting persons and Anderson CBP LLC together beneficially own 232,553 shares, representing 4.2% of FUSB’s 5,504,709 shares of common stock outstanding as of July 31, 2026. Individually, Harold M. Anderson holds 142,500 shares (2.6%), Terrence Anderson holds 90,053 shares (1.6%), and Anderson CBP LLC holds 49,252 shares (less than 1%). The filing states the disposition was in connection with administration of Charles C. Anderson’s estate, while noting that the reporting persons and entity may in the future buy or sell FUSB shares depending on market conditions and other factors.

Key Figures

Shares sold by Anderson CBP LLC: 148,524 shares of Common Stock Aggregate beneficial ownership of reporting group: 232,553 shares of Common Stock (4.2%) Harold M. Anderson beneficial ownership: 142,500 shares of Common Stock (2.6%) +4 more

7 metrics

Shares sold by Anderson CBP LLC 148,524 shares of Common Stock Disposition on August 20, 2026 in connection with the estate of Charles C. Anderson

Aggregate beneficial ownership of reporting group 232,553 shares of Common Stock (4.2%) Combined holdings of all reporting persons and Anderson CBP LLC after the reported sale

Harold M. Anderson beneficial ownership 142,500 shares of Common Stock (2.6%) Sole voting and dispositive power over all shares

Terrence Anderson beneficial ownership 90,053 shares of Common Stock (1.6%) 40,801 shares with sole power; 49,252 shares with shared power through Anderson CBP LLC

Anderson CBP LLC beneficial ownership 49,252 shares of Common Stock (less than 1%) Shared voting and dispositive power over all shares

Shares outstanding 5,504,709 shares of Common Stock Outstanding as of July 31, 2026, per Form 10-Q for quarter ended June 30, 2026

Charles C. Anderson beneficial ownership 0 shares of Common Stock (0.0%) No longer has beneficial ownership following his passing on June 24, 2026

Key Terms

beneficial ownership, Schedule 13D, sole voting power, shared dispositive power, +1 more

5 terms

beneficial ownership financial

"The aggregate beneficial ownership of all Reporting Persons and the Reporting Entity is 232,553 shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Schedule 13D regulatory

"This amendment on is being filed to report the foregoing matters and beneficial ownership"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

sole voting power financial

"Harold M. Anderson has sole power to vote and sole power to dispose of 142,500 shares"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

shared dispositive power financial

"Anderson CBP LLC has shared power to vote and shared power to dispose of 49,252 shares"

estate representative other

"Charles C. Anderson passed away on June 24, 2026 and Terrence Anderson became the estate representative"

FAQ

What did the Anderson group report in this Schedule 13D/A for FUSB?

They reported that, after an estate-related sale of 148,524 shares on August 20, 2026 by Anderson CBP LLC, the Anderson reporting persons and Anderson CBP LLC together beneficially own 232,553 shares of First US Bancshares, Inc., representing 4.2% of the outstanding common stock.

How many FUSB shares does Harold M. Anderson now beneficially own?

Harold M. Anderson beneficially owns 142,500 shares of First US Bancshares, Inc. common stock. He has sole voting and sole dispositive power over these shares, which represent 2.6% of the company’s outstanding common stock based on 5,504,709 shares outstanding as of July 31, 2026.

What is Terrence Anderson’s beneficial ownership in FUSB after the amendment?

Terrence Anderson beneficially owns 90,053 shares of FUSB common stock, or 1.6% of the class. He has sole voting and dispositive power over 40,801 shares held directly and shared voting and dispositive power over 49,252 shares held through Anderson CBP LLC, where he is a manager.

How many FUSB shares does Anderson CBP LLC hold and what percentage is that?

Anderson CBP LLC beneficially owns 49,252 shares of First US Bancshares, Inc. common stock. It has shared voting and shared dispositive power over all of these shares, representing less than 1% of the outstanding common stock.

Why was this Schedule 13D/A amendment filed for FUSB?

It was filed to report the passing of Charles C. Anderson on June 24, 2026, the sale of 148,524 shares of FUSB common stock by Anderson CBP LLC on August 20, 2026, and to disclose that the reporting group’s aggregate beneficial ownership has decreased to less than 5% of FUSB’s outstanding common stock.

What is the total number of FUSB shares outstanding used in this filing?

The filing states that the percentages of beneficial ownership are based on 5,504,709 shares of First US Bancshares, Inc. common stock outstanding as of July 31, 2026, as reported in the company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2026.

Do the Anderson reporting persons plan further transactions in FUSB stock?

The filing states that, depending on market conditions and other factors, each reporting person or the reporting entity may purchase or dispose of FUSB common stock from time to time and may review or reconsider their positions, although they have no present intention regarding specific plans described in Item 4(a)-(j).

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Available on EDGAR 08/28/2026 - 07:11 PM Accepted by SEC EDGAR 08/28/2026 - 07:11 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)

First US Bancshares, Inc.

(Name of Issuer)

COMMON STOCK, PAR VALUE $0.001 PER SHARE

(Title of Class of Securities)

33744V103

(CUSIP Number)

Charles C. Anderson
202 NORTH COURT STREET,
FLORENCE, AL, 35630
(256) 766-3640

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

08/20/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 33744V103

1

Name of reporting person

Charles C. Anderson

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.0 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Calculated in the manner set forth in Item 5. Less than 1% Percentage based on outstanding shares as of July 31, 2026 as reported on the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026.

SCHEDULE 13D

CUSIP Number(s): 33744V103

1

Name of reporting person

Harold M. Anderson

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 142,500.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 142,500.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

142,500.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

2.6 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Calculated in the manner set forth in Item 5. Percentage based on outstanding shares as of July 31, 2026 as reported on the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026.

SCHEDULE 13D

CUSIP Number(s): 33744V103

1

Name of reporting person

Terrence Anderson

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 40,801.00
8	Shared Voting Power 49,252.00
9	Sole Dispositive Power 40,801.00
10	Shared Dispositive Power 49,252.00

11

Aggregate amount beneficially owned by each reporting person

90,053.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.6 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Calculated in the manner set forth in Item 5. Less than 1% Percentage based on outstanding shares as of July 31, 2026 as reported on the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026.

SCHEDULE 13D

CUSIP Number(s): 33744V103

1

Name of reporting person

Anderson CBP LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

ALABAMA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 49,252.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 49,252.00

11

Aggregate amount beneficially owned by each reporting person

49,252.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.9 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Calculated in the manner set forth in Item 5. Less than 1% Percentage based on outstanding shares as of July 31, 2026 as reported on the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: COMMON STOCK, PAR VALUE $0.001 PER SHARE
(b)	Name of Issuer: First US Bancshares, Inc.
(c)	Address of Issuer's Principal Executive Offices: 3291 U.S. HIGHWAY 280, BIRMINGHAM, ALABAMA , 35243.
Item 1 Comment: This statement on Schedule 13D (the "Statement") relates to the common stock, par value $0.01 per share (the "Common Stock"), of First US Bancshares, Inc., a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at 3291 U.S. Highway 280, Birmingham, AL 35243. Charles C. Anderson passed away on June 24, 2026 and Terrence Anderson became the estate representative. On August 20, 2026, Anderson CBP LLC sold 148,524 shares of Common Stock. This amendment on Schedule 13D is being filed to report the foregoing matters and beneficial ownership of less than 5% of the Issuer's outstanding Common Stock.
Item 2.	Identity and Background
(a)	(a) This Statement is being filed jointly by the Charles C. Anderson, acting through his estate, Harold M. Anderson, Terrence Anderson (collectively the "Reporting Persons"), and Anderson CBP LLC ("Reporting Entity").
(b)	(b) The business address of Charles C. Anderson is C/O Terry C. Anderson, Executor, 202 North Court Street, Florence, Alabama 35630. The business address of Harold M. Anderson is 6000 Crow Wright Rd, Sanger, Texas 76266. The business address of Terrence Anderson is 4511 Helton Drive, Florence, Alabama 35630. The business address of Anderson CBP LLC is 202 North Court Street, Florence, AL 35630.
(c)	(c) The principal occupation of Charles C. Anderson was Managing Member of Anderson & Anderson, LLC. The principal occupation of Harold M. Anderson is director and investor in several family-owned businesses. The principal occupation of Terrence Anderson is Chief Executive Officer of American Promotional Events, a fireworks importer and distributor.
(e)	(d)-(e) During the last five years, none of the Reporting Persons nor any executive officer of the Reporting Entity has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)	(f) Each of the Reporting Persons was or is a citizen of the United States. The Reporting Entity is a limited liability company organized under the laws of the State of Alabama. Charles C. Anderson, acting through his estate, is the sole member of the Reporting Entity and Terrence Anderson is a manager of the Reporting Entity.
Item 3.	Source and Amount of Funds or Other Consideration
	The Reporting Persons and Reporting Entity, who are beneficial owners of Common Stock of the Issuer, are filing this Schedule 13D to report the passing of Charles C. Anderson, the disposition of beneficial ownership of the Issuer's Common Stock on August 20, 2026 and beneficial ownership of less than 5% of the Issuer's outstanding Common Stock.
Item 4.	Purpose of Transaction
	The securities of the Issuer acquired by the Reporting Persons and Reporting Entity were disposed of in connection with the administration of the estate of Charles C. Anderson. Depending upon market conditions and other factors that each of the Reporting Persons and the Reporting Entity may deem material to his or its investment decision, such Reporting Person or Reporting Entity may make purchases of Common Stock from time to time and may dispose of any or all of the shares of Common Stock held by him or it at any time. The Reporting Persons or Reporting Entity may from time to time review or reconsider their respective positions with respect to the Issuer or formulate plans or proposals with respect to any matter referred to in paragraphs (a) through (j) of Item 4 of Schedule 13D, but have no present intention of doing so.
Item 5.	Interest in Securities of the Issuer
(a)	(a), (b) and (c). Charles C. Anderson no longer has beneficial ownership of any shares of Common Stock, Harold M. Anderson has beneficial ownership of 142,500 shares of Common Stock, Terrence Anderson has beneficial ownership of 90,053 shares of Common Stock, and Anderson CBP LLC has beneficial ownership of 49,252 shares of Common Stock. Charles C. Anderson does not have beneficial ownership of any shares of Common Stock. Harold M. Anderson has sole power to vote and sole power to dispose of 142,500 shares of Common Stock (representing 2.6% of the outstanding Common Stock). Terrence Anderson has sole power to vote and sole power to dispose of 40,801 shares of Common Stock held directly and shared power to vote and shared power to dispose of 49,252 shares of Common Stock through his role as manager of Anderson CBP LLC. Anderson CBP LLC has shared power to vote and shared power to dispose of 49,252 shares of Common Stock (representing less than 1% of the outstanding Common Stock). 1 The aggregate beneficial ownership of all Reporting Persons and the Reporting Entity is 232,553 shares of Common Stock, constituting 4.2% of the outstanding class. Percentages set forth in this Item 5 are based on 5,504,709 shares of Common Stock outstanding as of as of July 31, 2026 as reported on the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026.
(d)	(d) Not applicable.
(e)	(e) August 20, 2026.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	Not applicable.
Item 7.	Material to be Filed as Exhibits.
	99.1 Joint Filing Agreement (incorporated by reference to Exhibit 99.1 to the Schedule 13D filed by the Reporting Persons on January 5, 2024). _____________________ 1 Please confirm that no other purchases or sales of the Issuer's stock have taken place within 60 days, besides the one reported herein.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Charles C. Anderson

Signature:	Charles C. Anderson
Name/Title:	Terrence Anderson, Executor
Date:	08/28/2026

Harold M. Anderson

Signature:	Harold M. Anderson
Name/Title:	Harold M. Anderson
Date:	08/28/2026

Terrence Anderson

Signature:	Terrence Anderson
Name/Title:	Terrence Anderson
Date:	08/28/2026

Anderson CBP LLC

Signature:	Terrence Anderson
Name/Title:	Manager
Date:	08/28/2026