Elley Thomas S 4
Research Summary
AI-generated summary
FUSB CFO Elley Thomas Receives 3,300-Share Restricted Award
What Happened
- Elley Thomas, Senior Executive Vice President, Chief Financial Officer, Treasurer and Assistant Secretary of FIRST US BANCSHARES, INC. (FUSB), was granted 3,300 shares of restricted stock on 2026-02-09. The shares were issued at $0.00 (no cash payment), so the reported acquisition value is $0.
Key Details
- Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (filed promptly within the SEC two-business-day window).
- Transaction type: Award/Grant (code A); 3,300 shares acquired at $0.00 per share.
- Shares owned after the transaction: not specified in the filing.
- Footnote: Grant is time-based restricted stock under the First US Bancshares, Inc. 2023 Incentive Plan and will vest in equal installments on the first, second and third anniversaries of the grant date.
- No indication of tax withholding, sale, or 10b5-1 plan in this filing.
Context
- This was a compensation award (restricted stock) rather than an open-market purchase or sale. Restricted stock grants are common for aligning executive incentives; the shares will vest over time and are not immediately liquid unless the insider sells after vesting.