McPhearson John Lee 4
4 · FIRST US BANCSHARES, INC. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
FIRST US BANCSHARES Director John McPhearson Receives Award 425 Shares
What Happened
- John Lee McPhearson, a director of First US Bancshares, Inc. (FUSB), was granted 425 shares of time‑based restricted stock on February 9, 2026. The filing reports an acquisition price of $0.00 (award/grant).
- This is an equity award (not a purchase or sale). The shares are scheduled to vest in full on the first anniversary of the grant date per the plan terms.
Key Details
- Transaction date: 2026-02-09; Report filed: 2026-02-10 (timely filing).
- Amount: 425 restricted shares; reported acquisition price $0.00.
- Vesting: Footnote F1 — vests in full on the first anniversary of the grant.
- Beneficial ownership: Footnote F2 — the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- This is a standard time‑based restricted stock award under the company’s 2023 Incentive Plan; such awards compensate and retain directors and do not represent an open‑market purchase signal. The reported $0 price reflects how restricted awards are reported, not the market value the shares may have when vested.
Insider Transaction Report
Form 4
McPhearson John Lee
Director
Transactions
- Award
Common Stock, $.01 par value
[F1]2026-02-09+425→ 12,133 total
Holdings
- 3,000(indirect: By Spouse)
Common Stock, $.01 par value
- 1,500(indirect: By LLC)
Common Stock, $.01 par value
[F2]
Footnotes (2)
- [F1]Represents shares of time-based restricted stock granted under the First US Bancshares, Inc. 2023 Incentive Plan that will vest in full on the first anniversary of the grant date.
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Signature
/s/Beverly J. Dozier, by power of attorney|2026-02-10