FIRST US BANCSHARES, INC.·4

Feb 10, 2:54 PM ET

McCain Marlene M 4

Research Summary

AI-generated summary

Updated

First US Bancshares (FUSB) Director Marlene McCain Receives Award

What Happened

Marlene M. McCain, a director of First US Bancshares, Inc. (FUSB), received an award of 1,000 shares of time‑based restricted stock on 2026-02-09. The filing reports the award price as $0.00 (acquired = $0), indicating these were granted as compensation rather than purchased on the open market.

Key Details

  • Transaction date: 2026-02-09; filing date: 2026-02-10 (timely filing).
  • Transaction type: Award/Grant (code A).
  • Shares granted: 1,000 restricted shares; reported acquisition price $0.00 (total reported value $0).
  • Shares owned after transaction: Not provided in the supplied data.
  • Footnote: These are time‑based restricted shares granted under the First US Bancshares, Inc. 2023 Incentive Plan that will vest in full on the first anniversary of the grant date (see footnote F1).

Context

Restricted stock awards to directors are common as part of compensation and align directors’ interests with shareholders. The grant itself is neither an open‑market purchase nor a sale; the economic value to the insider depends on FUSB’s future stock price when the award vests.