FIELD Robert C 4

What Happened

Robert C. Field, a director of First US Bancshares, received an award of 370.37 phantom stock units on 2026-06-30. The units are reported at an imputed price of $16.55 each, for a total value of approximately $6,130. This transaction is an award/acquisition (derivative) under the First US Bancshares, Inc. Non-Employee Directors' Deferred Compensation Plan—not an open-market purchase.

Key Details

• Transaction date: 2026-06-30; reported on Form 4 filed 2026-07-01 (timely filing).
• Transaction type/code: A (grant/award/acquisition), derivative phantom stock units.
• Units awarded: 370.37 phantom stock units at $16.55 each; total reported value ~$6,130.
• Shares owned after transaction: Not specified in the provided filing summary.
• Important footnotes:
  • F1: Units convert to common stock on a 1-for-1 basis.
  • F2: Includes 7.83 shares 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

Phantom stock units are a derivative form of compensation giving the holder a future right to receive common stock (here on a 1:1 basis) rather than immediately buying shares on the open market. Such awards are routine for non-employee directors as part of deferred compensation and do not by themselves indicate a buying or selling signal.