House James F 4
Research Summary
AI-generated summary
FUSB CEO James F. House Receives 6,500-Share Award
What Happened
James F. House, Chairman, President & CEO (and a director) of First US Bancshares, Inc. (FUSB), received a grant of 6,500 shares of time‑based restricted stock on 2026-02-09. The filing reports an acquisition price of $0.00 (award), so no cash was exchanged; the filing does not state a post‑grant total share ownership in the provided excerpt.
Key Details
- Transaction date: 2026-02-09; filing date: 2026-02-10 (Form 4 accession 0001193125-26-044457).
- Transaction type: Award/Grant (code A). Shares granted: 6,500; reported price: $0.00 (non‑cash award).
- Vesting: Footnote F1 — these are time‑based restricted shares that vest in equal installments on the first, second, and third anniversaries of the grant.
- Shares owned after transaction: Not specified in the provided excerpt.
- Other footnote: F2 references information from OneAmerica, the plan record keeper, as of 2/10/26 (administrative detail).
- Timeliness: Filing appears timely (no late‑filing indication).
Context
This was a restricted stock grant (compensation), not an open‑market purchase or sale. Such awards are common for executive pay and will vest over time per the reported schedule; they do not by themselves indicate a buy/sell signal. The filing records the grant value as $0 because it reports the award as an in‑kind grant; any market value would depend on FUSB’s stock price at vesting or reporting.