FIELD Robert C 4

What Happened

• Robert C. Field, a director of First US Bancshares, received an award of 398.64 shares (derivative/phantom units) on 2026-03-31. The report lists a per-share valuation of $15.30, for a total reported value of $6,099. The units are derivative/phantom stock units tied to the company’s Non-Employee Directors’ Deferred Compensation Plan.

Key Details

• Transaction date and type: 2026-03-31 — Grant/Award (code A), derivative units acquired.
• Price/value: $15.30 per share; total reported value $6,099.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: Units convert to common stock on a 1-for-1 basis.
  • F2: The 398.64 includes 6.48 shares attributable to quarterly dividends accrued under the plan.
  • F3: These phantom stock units were accrued under the Non-Employee Directors' Deferred Compensation Plan and will be settled in common stock at the end of the deferral period.
• Filing timeliness: Form 4 was filed 2026-04-01 for a 2026-03-31 transaction (within the usual two-business-day reporting window).

Context

• These awards are part of routine director compensation and are derivative units (not an open-market purchase). They are intended to be converted/settled into common stock later per the deferred compensation plan, so this action does not represent an immediate cash purchase or sale of company stock. Such awards are common for non-employee directors and should be viewed as compensation rather than an explicit buy signal.