Mitchell William C 4

What Happened

• Mitchell William C, Senior EVP — Consumer Lending at First US Bancshares (FUSB), had 1,295 shares disposed via tax withholding related to exercise/plan activity. The disposals were: 462 shares @ $15.64 ($7,226) on Feb 9, 2026; 463 shares @ $15.52 ($7,186) on Feb 10, 2026; and 370 shares @ $15.52 ($5,742) on Feb 10, 2026. Total value ≈ $20,154.
• These were not open-market sales for investment proceeds but shares withheld to satisfy tax liabilities (routine).

Key Details

• Transaction dates and prices:
  • 2026-02-09: 462 shares @ $15.64 = $7,226
  • 2026-02-10: 463 shares @ $15.52 = $7,186
  • 2026-02-10: 370 shares @ $15.52 = $5,742
• Total shares disposed: 1,295; total value ≈ $20,154.
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnotes:
  • F1: Withholding of shares for tax purposes.
  • F2: Based on information from OneAmerica, the 401(k) plan record keeper (as of Feb 10, 2026).
  • F3: Some shares are owned by the reporting person’s spouse, of which the reporting person disclaims beneficial ownership.
• Filing: Report filed 2026-02-11 for transactions on Feb 9–10, 2026 — appears timely (within SEC two-business-day Form 4 window).

Context

• The F-code disposals indicate tax-withholding (often a cashless exercise or plan distribution) rather than a discretionary sale; such withholdings are routine and don’t necessarily signal insider sentiment.
• For retail investors: purchases and open-market buys are generally more informative than tax-withholding disposals.