United Security Bancshares officer boosts holdings through DRIP buys
Rhea-AI Filing Summary
United Security Bancshares (UBFO) reported insider share purchases by a senior executive through its dividend reinvestment plan. On 08/04/2025, the reporting person acquired 846.831 shares of common stock at $8.734 per share, bringing direct beneficial ownership to 71,869.529 shares. On 10/30/2025, the same executive acquired an additional 820.511 shares at $9.138 per share, increasing direct holdings to 72,690.04 shares. The filer is an officer of the company, serving as SVP & CCO, and reported no derivative security transactions.
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FAQ
What does this Form 4 filing report for United Security Bancshares (UBFO)?
The Form 4 reports that a United Security Bancshares officer acquired additional common stock through the company’s dividend reinvestment plan on two dates in 2025.
Who is the reporting person in this UBFO Form 4 filing and what is their role?
The reporting person is an officer of United Security Bancshares, serving as Senior Vice President (SVP) & Chief Credit Officer (CCO).
How many UBFO shares did the insider acquire and on which dates?
The insider acquired 846.831 shares on 08/04/2025 and 820.511 shares on 10/30/2025, all through a dividend reinvestment plan.
What prices were paid for the United Security Bancshares (UBFO) shares?
The dividend reinvestment purchases were recorded at $8.734 per share on 08/04/2025 and $9.138 per share on 10/30/2025.
How many UBFO shares does the insider own after these transactions?
After the reported transactions, the officer directly and beneficially owned 72,690.04 shares of United Security Bancshares common stock.
Were any derivative securities reported in this UBFO Form 4?
No. The filing’s Table II shows no transactions in derivative securities such as options, warrants, or convertible instruments.
How were the additional UBFO shares acquired according to the filing?
The explanation states that the shares were acquired through a dividend reinvestment plan, where cash dividends are used to buy additional common stock.