USCB FINANCIAL HOLDINGS, INC. 8-K

What Happened
USCB Financial Holdings, through its wholly owned bank U.S. Century Bank, filed an 8-K disclosing Amendment No. 1 to the employment agreement of President and CEO Luis de la Aguilera. The Amendment, effective January 30, 2026 and approved by the Compensation Committee, changes insurance and severance provisions in the agreement originally dated January 29, 2023.

Key Details

• The Amendment converts the CEO’s term life insurance to a whole life policy and provides for the Employers to pay the premium.
• Clarifies that the Employers will continue to pay or reimburse the CEO for the cost of a long-term care policy.
• Adds a new Section 5(l) addressing how those benefits are treated if the CEO is terminated in certain circumstances.
• Modifies Section 5(e) so severance is also payable when termination by the Employers (other than for Cause, Disability or death) or by the CEO for Good Reason occurs more than 12 months after a Change in Control.

Why It Matters
The Amendment increases and clarifies the company’s contractual benefit and severance obligations for its CEO—specifically around life insurance, long-term care coverage, and change-in-control-related severance timing. Investors should note these are governance and compensation changes approved by the Compensation Committee; the filing includes the Amendment as Exhibit 10.1 for full details.