USCB insider move: 10,000 Class A shares moved to family trust
Rhea-AI Filing Summary
Insider filing summary: Aida Levitan, a director of USCB Financial Holdings, reported on 10/08/2025 the transfer of 10,000 shares of Class A voting common stock to a family trust for no consideration while retaining beneficial ownership. Following the transfer, the trustee-held shares total 24,968 shares indirectly. The filing also shows ownership of a stock option to buy 4,000 shares at $11.35 exercisable from 09/23/2019 and expiring 09/23/2029. The Form 4 was signed by a power of attorney on 10/09/2025.
Positive
- Beneficial ownership retained: Reporting person remains beneficial owner of trust-held 24,968 shares
- Clear disclosure: Filing explains transfer to family trust and identifies trustee relationship
Negative
- None.
Insights
Director moved shares into a family trust but kept beneficial control.
The transfer of 10,000 Class A shares to the Second Restatement of the Aida T. Levitian Living Trust indicates an intra-family estate planning action where legal title is held by the trust while the reporting person remains a beneficial owner. Such transfers are common for succession and tax planning and do not change board status or voting control if beneficial ownership is retained.
The main dependency is that beneficial ownership and voting influence remain tied to the trust's beneficiaries (reporting person and family). Investors should note the continued indirect holding of 24,968 shares and the outstanding 4,000 option expiring 09/23/2029, which could modestly affect future share supply if exercised within the option term.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Voting Common Stock | 10,000 | $0.00 | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Class A Voting Common Stock | -- | -- | -- |
Footnotes (1)
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