Dozier Beverly J 4
Research Summary
AI-generated summary
FUSB SVP Beverly Dozier Withholds 386 Shares for Taxes
What Happened
Beverly J. Dozier, Senior Vice President, Secretary and Assistant Treasurer of First US Bancshares, Inc. (FUSB), had a total of 386 shares withheld to satisfy tax liabilities related to equity transactions. The filing reports three withholding events: 139 shares on Feb 9, 2026 at $15.64 (≈ $2,174), 139 shares on Feb 10, 2026 at $15.52 (≈ $2,157), and 108 shares on Feb 10, 2026 at $15.52 (≈ $1,676). These shares were disposed (i.e., surrendered/withheld) rather than sold in the open market.
Key Details
- Transaction dates and prices:
- 2026-02-09: 139 shares @ $15.64 — $2,174 (withheld)
- 2026-02-10: 139 shares @ $15.52 — $2,157 (withheld)
- 2026-02-10: 108 shares @ $15.52 — $1,676 (withheld)
- Total shares withheld: 386; aggregate value ≈ $6,007.
- Shares owned after the transactions: not disclosed in the filing.
- Footnotes:
- F1: Represents the withholding of shares for tax purposes.
- F2: Based on information from OneAmerica, recordkeeper of the FUSB 401(k) Plan as of Feb 10, 2026.
- Filing: Report filed Feb 11, 2026 (appears timely given the Feb 9–10 transaction dates).
- Transaction code: F — tax withholding (not an open-market sale; reported as "Disposed").
Context
The "F" code indicates shares were surrendered to the company to cover taxes, commonly occurring after option exercises or vesting events. This is an administrative, tax-related action (often called a cashless or net exercise/withholding) and does not necessarily reflect the insider’s view on the company’s stock.