Hale David Peter 4
4 · FIRST US BANCSHARES, INC. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
FUSB Director David P. Hale Receives 522-Unit Phantom Stock Award
What Happened
- Director David P. Hale received a grant of 521.86 phantom stock units (derivative award) on 2026-06-30. The units were valued at $16.55 each for an aggregate reported value of $8,637. This was an award/compensation grant (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-01 (timely filing).
- Amount and value: 521.86 units at $16.55 per unit; total reported value $8,637.
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: Units convert to common stock on a 1-for-1 basis.
- F2: Includes 83.73 units attributable to quarterly dividends accrued under the Non‑Employee Directors' Deferred Compensation Plan.
- F3: The phantom stock units were accrued under the Deferred Compensation Plan and will be settled in common stock at the end of the deferral period.
Context
- These are phantom stock units (deferred compensation) that will be settled in shares later, so no immediate share purchase or sale occurred. Such grants are routine for non‑employee directors and represent compensation rather than a direct insider market signal.
Insider Transaction Report
Form 4
Hale David Peter
Director
Transactions
- Award
Phantom Stock Units
[F1][F2][F3]2026-06-30$16.55/sh+521.86$8,637→ 20,879.34 total→ Common Stock (521.86 underlying)
Footnotes (3)
- [F1]The units convert to common stock on a 1-for-1 basis.
- [F2]Includes 83.73 shares attributable to quarterly dividends accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan.
- [F3]The phantom stock units were accrued under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan and are to be settled in common stock at the end of the deferral period.
Signature
/s/Beverly J. Dozier, by power of attorney|2026-07-01